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QSC beats FY revenue outlook, EBITDA in line

Wednesday 27 February 2019 | 16:08 CET | News
German service provider QSC said revenues increased to EUR 366.8 million in 2018, up from EUR 357.9 million in the previous year due to substantial growth in its Cloud and Telecommunication businesses. Revenues were ahead of the original forecast range of between EUR 345 million and EUR 355 million and the improved revenue outlook published in November of at least EUR 360 million. It met the targets published at the beginning of 2018 in terms of EBITDA at EUR 35.4 million, within the forecast range of EUR 35-40 million, but down from the EUR 38.3 million in the previous year due to the higher

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Categories: Fixed
Companies: QSC
Countries: Germany
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