Redeem lifts FY EBITDA 5%, handles 18 mln devices

Friday 29 July 2016 | 13:11 CET | News
Mobile phone recycling company Redeem said that in the financial year ended 31 March 2016, revenues reached GBP 80.2 million, compared with GBP 80.0 million that it reported last year. Redeem said EBITDA increased 5 percent to GBP 2.3 million from GBP 2.2 million in 2014/15. The gross profit increased by GBP 1.3 million to GBP 17.3 million, and the gross margin went up from 20.1 percent to 21.7 percent.

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Categories: Mobile & Wireless
Companies: 3 UK / O2 / Redeem / Samsung / Tele2 Sweden / Vodafone Spain
Countries: World
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