0
Broadband

Gowex net profit up 44% in H1

Thursday 26 September 2013 | 22:18 CET | News
Spanish wireless internet services provider Gowex closed the first half of 2013 with a net profit of EUR 7.868 million, up 44 percent from the same period of the 2012. Consolidated sales reached EUR 57.22 million, up 40 percent year-on-year. The gross margin reached EUR 26.4 million, up 50 percent on the first half of 2012, and representing 46 percent of revenue. EBITDA reached EUR 12.52 million, up 55 percent, representing 22 percent of sales, compared with 20 percent of sales in the first half of 2012. Turnover for 2013 is expected to exceed EUR 170 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Gowex
Countries: Spain
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Gowex revenues rise 60% to EUR 182.8 mln in 2013

Published 20 Mar 2014 09:56 CET | Spain
Spanish Wi-Fi services provider Gowex reported revenues of EUR 182.8 million in 2013, a 60 percent increase over last year's ...

Gowex launches 'social Wi-Fi' initiative

Published 04 Nov 2013 11:12 CET | United States
Spanish wireless internet services provider Gowex has launched a new initiative, dubbed We2, through which users can share their ...

Gowex, ZTE partner on wireless smart city projects

Published 15 Oct 2013 10:06 CET | Asia
Spanish wireless internet services provider Gowex has signed a partnership agreement with ZTE. Under the terms of the contract, ...

Gowex expands WiFi services to China with Eastern Fibernet

Published 12 Sep 2013 16:11 CET | China
Spanish wireless internet services provider Gowex has signed a partnership agreement with Eastern Fibernet, an Asian telecoms and ...

Gowex revenues jump 40% to EUR 57.1 mln in H1

Published 04 Sep 2013 11:35 CET | Spain
Spanish wireless internet services provider Gowex saw its first-half revenues increase by nearly 40 percent year-on-year to EUR ...

Gowex launches Wi-Fi service in Brazil with Oi

Published 26 Jun 2013 18:46 CET | Brazil
Spanish Wi-Fi group Gowex has signed a roaming agreement with Brazilian operator Oi to promote Wi-Fi access in the country during ...