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BRIEF-Ecotel Communication FY consolidated revenue up at EUR 116.6 mln
March 23, 2017 / 7:08 AM / 8 months ago

BRIEF-Ecotel Communication FY consolidated revenue up at EUR 116.6 mln

March 23 (Reuters) - Ecotel Communication AG:

* Revenue growth and increased gross margin in core segment

* Dividends: 0.23 euros/ share (previous year: 0.23 euros/ share)

* FY consolidated revenue grows by 10.3 million euros to 116.6 million euros ($125.89 million)

* Consolidated gross profit increased in 2016 by 0.6 million euros to 28.4 million euros

* Overall EBITDA decreased in financial year 2016 from 7.9 million euros to 7.0 million euros

* Expects consolidated turnover in 2017 of eur 95 million to eur 115 million, with EBITDA of 6.5 million euros to 7.5 million euros and a continued stable gross profit margin Source text for Eikon: Further company coverage: ($1 = 0.9262 euros) (Gdynia Newsroom)

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