Kudelski maintains FY outlook after H1 EBITDA triples, sales up 6%

Thursday 26 August 2021 | 12:18 CET | News
Kudelski Group has confirmed its outlook for growth in the full year, after solid results in the first half of 2021. Revenues rose 6.4 percent to USD 340.5 million in the first half, thanks to a recovery in the TV business and expansion in security and IoT services. EBITDA tripled year-on-year to USD 15 million, and the net loss reduced to USD 3.1 million from USD 27.1 million a year ago. 

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.


Already registered?

Categories: General
Companies: Kudelski Group
Countries: World
::: add a comment
This article is part of dossier




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.


Kudelski IoT expands with Redtree Solutions

Published 22 Sep 2021 10:45 CET | World
Kudelski IoT, a division of the Kudelski Group, entered an agreement with Redtree Solutions to represent its portfolio of IoT ...

Echelon takes licence with Kudelski Group

Published 15 Sep 2021 10:52 CET | World
The Kudelski Group announced a technology and intellectual property licence agreement with Echelon, a specialist in interactive ...

Kudelski Security appoints VP of Services for EMEA

Published 08 Sep 2021 11:01 CET | Europe
Kudelski Security said it welcomed Tony de Bos as VP of services for EMEA. Prior to joining to Kudelski Security, De Bos served ...

Kudelski beats FY EBITDA outlook after H2 recovery, aims for return to sales growth in 2021

Published 25 Feb 2021 13:03 CET | World
Kudelski Group ended 2020 with EBITDA of USD 64.3 million, up from USD 40.6 million in 2019 and better than the company's ...