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

ecotel surpasses EBITDA forecast for financial year 2020 and raises the outlook for 2021

(PresseBox) (Düsseldorf, )



Gross profit boosted to € 37.7 million (+12 %)
EBITDA improved to € 11.7 million (+33 %)
Free cash flow increased to € 4.4 million (+22 %)
Net financial assets more than doubled to € 2.3 million (+130 %)
Consolidated surplus increased to € 1.0 million and EPS to € 0.28
Dividend proposal of € 0.14 in line with sustainable financial strategy
Forecast for 2021: Sustainable EBITDA growth to € 12 – 14 million


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