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ComTel SpA Earnings Release 2016

Jul 15, 2016

9984_rns_2016-07-15_5355f6ac-db90-4e0a-b5ed-a42ca6779705.html

Earnings Release

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Comptel announces preliminary information about the second quarter and the first half of 2016 and specifies guidance for the rest of the year

Comptel announces preliminary information about the second quarter and the first half of 2016 and specifies guidance for the rest of the year

Comptel Corporation, Stock Exchange Release 15 July 2016 at 3 PM EET

Comptel announces preliminary information about the second quarter and the
first half of 2016.

Key figures for the second quarter of 2016:

· Net sales EUR 25.3 million (April - June 2015: 21.7), growth 16.3%

· Operating result EUR 3.0 million (0.6), growth 428.5%

· Operating result of net sales 11.7% (2.6)

· Net profit EUR 2.3 million (0.3), growth 581.7%

Key figures for the first half of 2016:

· Net sales EUR 47.7 million (H1 2015: 42.7), growth 11.7%

· Operating result EUR 4.7 million (2.1), growth 130.0%

· Operating result of net sales 9.9% (4.8)

· Net profit EUR 3.1 million (0.6), growth 397.4%

The results do not include the Indian tax authorities decisions on tax refunds
due to refund procedure being unfinished.

Simultaneously Comptel specifies the outlook for 2016. Previous guidance was:

“Comptel expects the 2016 net sales to continue to grow and operating profit to
be in the range of 8–14% of revenue.”

Specified guidance is:

“Comptel expects the 2016 net sales to continue to grow and operating profit to
be in the range of 9–14% of revenue.”

The numbers presented are unaudited and preliminary numbers for the period.

Comptel will publish its interim report for January-June on Tuesday 9th of
August at 08.00.

COMPTEL CORPORATION 15.7.2016

Board of Directors

Additional information:
Mr Juhani Hintikka, President and CEO, tel.+358 9 700 1131
Mr Tom Jansson, CFO, tel. +358 9 700 1131

Distribution:

NASDAQ OMX Helsinki

Major Media

www.comptel.com

About Comptel Corporation

Life is digital moments. Comptel perfects these by transforming how you serve,
meet and respond to the needs of "Generation Cloud" customers.

Our solutions allow you to innovate rich communications services instantly,
master the orchestration of service and order flows, capture data-in-motion and
refine it for your decision-making and actions. We connect digital demand and
supply and apply intelligence to reduce complexity and friction in your
business.

Comptel has enabled the delivery of digital and communications services to more
than 2 billion people. Every day, we care for more than 20% of all mobile usage
data. Nearly 300 service providers across 90 countries have trusted us to
perfect customers' digital moments and translate them to business moments. For
more information, visit www.comptel.com.