ecotel achieves solid growth in the 2024 financial year and looks optimistic to the future

EQS-News: ecotel communication ag / Key word(s): Annual Report ecotel achieves solid growth in the 2024 financial year and looks optimistic to the future 13.03.2025 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement.

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• • Sales grow by 8% to 115.5 million  EUR
  • Operating EBITDA grows by 5% to 9.5 million EUR,
  • consolidated profit of 2.0 million  EUR, earnings per share of 0.57 EUR

Düsseldorf, 13.March 2025
In the 2024 financial year, ecotel has shown growth despite the challenging economic environment. Conditions have resulted in a solid outcome. Group sales increased by 8 % to 115.5 million  EUR. While gross profit increased by 2 % to 33.2 million  EUR, operating EBITDA even increased by 5 % to 9.5 million EUR.

Consolidated net profit amounts to  EUR 2.0 million, resulting in earnings per share (EPS) of 0.57 EUR per share.

Dividend for 2024: 0.29 EUR per share

In line with its sustainable financial strategy, the company  proposes to the Annual General Meeting to pay a dividend of 0.29 EUR per share – which is just above the targeted 50% EPS.

Successful development in the business segments

In the ecotel business customers segment, sales increased by 4% to 48.0 million  EUR, driven  significantly by successes in the growth markets Cloud & Fiber. Operating EBITDA decreased slightly to  EUR 8.0 million, due to targeted investments in the growth strategy and the start-up costs
of customer projects.

In the ecotel wholesale segment, the company achieved a significant increase in sales from 12% or 7.5 million  EUR to 67.6 million  EUR,
in particular through the successful marketing of data lines for national and international carriers.

Outlook for 2025
For the year 2025, ecotel plans a group turnover in the range of EUR 117 to 125 million. The company expects revenue growth in the business customer segment of between EUR 49 and 53 million, as well as revenue growth in the wholesale segment of between  EUR 68 and 72 million. Operating EBITDA is expected to increase significantly to a value of 10 to 11.5 million EUR.