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Ecotel Communication AG Prinzenallee 11 40549 Düsseldorf, Germany http://www.ecotel.de
Contact Ms Annette Drescher +49 211 55007740

ecotel presents half-year figures: Gross profit and EBITDA continue to increase

(PresseBox) (Düsseldorf, )

Gross profit increases in 1st half-year by 7 % to € 17.4 million
EBITDA increases in 1st half-year by 7% to € 4.9 million
Positive free cash flow: € 1.1 million and net financial assets: € 0.3 million
Forecast for 2020 confirmed despite Covid-19 pandemic
Business Customers: Number of SIP voice channels increased by 46 % in comparison to previous year


ecotel Group: Further growth of gross profit and EBITDA

In the first half-year 2020 the group achieved total revenue of € 42.8 million (previous year: € 41.0 million), gross profit of € 17.4 million (previous year: € 16.3 million), and EBITDA of
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