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ER - Ecotel Communication AG: ecotel communication ag announces quarterly results for the first quarter of 2007 EBIT quadrupled compared to the prior year period

Company: ecotel communication ag Date: 2007-05-16 Language: English Register to download

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 News Details

Corporate | 16 May 2007 08:56

#   

Ecotel Communication AG: ecotel communication ag announces quarterly results for the first quarter of 2007 – EBIT quadrupled compared to the prior year period

**ecotel communication ag / Quarter Results/Development of Sales**

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Düsseldorf 16. May 2007 – In the first quarter of 2007 ecotel
communications ag achieved revenues of Euro 20.6 million, an EBIT of Euro
2.4 million and earnings
per share of Euro 0.50.

In comparison to the first quarter of 2006 revenues grew by more than 70%
(Q1 2006: Euro 12.1 million).

EBIT quadrupled to Euro 2.4 million (prior year period: Euro 0.6 million),
which affirmes ecotel’s sustained growth. Compared to the prior year
period, the EBIT-margin grew from 5% to 12%.

The current positive business development of ecotel communication ag is
driven by the pleasant development of the existing business, the
acquisition of DSLCOMP Communications GmbH (May 2006) and of Tiscali
Nacamar GmbH (February 2007).

The management team maintains its guidance for 2007 with revenues above
Euro 100 million and an EBIT of at least Euro 10 million.

The financial report is published on the company website (www.ecotel.de).

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Information and Explaination of the Issuer to this News:

About ecotel communication ag:

As a telecommunications company that operates throughout Germany, ecotel
communication ag specialises in the requirements of small and medium-sized
enterprises. In its core 'Business Customer Solutions' division, ecotel
offers innovative voice, data and value added services including direct
connections as a full, low-cost package from a single source. Since
acquiring Tiscali Nacamar GmbH in March 2007 (now operating under nacamar
GmbH), ecotel also has professional data services such as secure networking
of corporate locations (VPN) in its portfolio and operates its own German
backbone network including a data centre in Frankfurt. The Company now
provides more than 40.000 business customers from all sectors throughout
Germany with standardised and individual telecommunications solutions .

In its second division 'Resale' the company provides telecoms carrier
services to other telecoms operators and non-industry distributors as well
as wholesale services. In addition, ecotel operates a state-of-the-art
Wholesale platform for the inter company trade of telephony minutes with
over 70 national and international carriers and broadens its value chain
for the core business 'business customers'.

ecotel was founded in 1998 and is headquartered in Düsseldorf. At present,
the group has over 200 employees. It is among the fastest growing
technology companies and was ranked 8th and 38th in 2005 and 2006 in the
Deloitte 'Technology Fast 50' competition.


Please note:

This publication does not constitute an offer for the sale of shares in the
company or a solicitation of an offer for the purchase of shares in the
company. Furthermore this publication shall not constitute a securities
prospectus. This document must not be distributed outside of Germany, in
particular not in the United States of America, Canada, Australia or Japan.



Press contact:

ecotel communication ag

Wirtschafts- und Finanzmedien
Annette Drescher (Assistentin des Vorstandes)
Tel.: 0211-55 007-740
Fax: 0211-55 007 5 740
Email: presse@ecotel.de

Fachmedien
Alexandra Würz
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de

Further information: www.ecotel.de.


DGAP 16.05.2007 
----------------------------------------------------------------------
 
Language:     English
Issuer:       ecotel communication ag
              Prinzenallee 9-11
              40549 Düsseldorf Deutschland
Phone:        +49 (0)211 55 00 7300
Fax:          +49 (0)211 55 00 75300
E-mail:       achim.theis@ecotel.de
www:          www.ecotel.de
ISIN:         DE0005854343
WKN:          585434
Indices:      
Listed:       Freiverkehr in Berlin-Bremen, München, Düsseldorf, Stuttgart;
              Entry Standard in Frankfurt
 
End of News                                     DGAP News-Service
 
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