ECOTEL COMMUNICATION AG


Associated tags: Telecommunications, Communication, Vodafone

Locations: DEUTSCHLAND, DEUTSCHLAND, SIEMENS

DGAP-News: ecotel communication ag: Initiation Report by Warburg Research

Retrieved on: 
Thursday, April 21, 2022

ecotel was able to win Warburg Research as an additional analysis company.

Key Points: 
  • ecotel was able to win Warburg Research as an additional analysis company.
  • The present Initiation Report with a price target of EUR 42.00 and the rating "Buy" can be accessed under the following link:
    The ecotel Group (hereinafter ecotel), operating throughout Germany since 1998, specializes in the marketing of IT and telecommunications solutions in various segments.
  • The parent company is ecotel communication ag with headquarters in Dsseldorf.
  • Currently ecotel serves more than 50,000 customers nationwide, providing 50,000 data connections and more than 360,000 voice channels.

DGAP-News: ecotel communication ag: Record results in financial year 2021 - further increases in revenue and earnings expected for 2022

Retrieved on: 
Thursday, March 10, 2022

year: 0.28)

Key Points: 
  • year: 0.28)
    EBITDA increased by 20% in 2022 - Forecast: 20 to 22 million
    The ecotel Group concluded financial year 2021 with record results.
  • 5a of the Telecommunications Act, which protects the group from any retroactive regulatory decisions on the fees of market-dominating telecommunications providers.
  • Revenue in the high-margin segments ecotel Business Solutions (+4% to 46.3 million) and easybell (+16% to 25.0 million) continued to develop positively.
  • The easybell segment again significantly increased revenue and earnings in financial year 2021.

DGAP-News: ecotel communication ag: Preliminary figures for the 2021 business year

Retrieved on: 
Wednesday, February 9, 2022

The 2021 business year turned out to be the most successful year by far in ecotel's 24-year history.

Key Points: 
  • The 2021 business year turned out to be the most successful year by far in ecotel's 24-year history.
  • All information related to the "preliminary figures for the 2021 business year" are based on preliminary and not-yet-certified data that is still conditional on the certification by an annual auditor and the approval by the supervisory board.
  • After undergoing years of transformation and despite the adversities imposed by the Covid-19 pandemic, the ecotel Business Solutions segment managed to boost all key figures in the past business year.
  • The impact is that ecotel communication ag as an individual business - and not merely the Group overall - is now profitable.

DGAP-News: ecotel communication ag: ecotel presents Q3 figures: Further growth in profitability and upward adjustment of forecast

Retrieved on: 
Tuesday, November 9, 2021

year: 2.7 million)

Key Points: 
  • year: 2.7 million)
    Net financial assets increase to 7.0 million (12/31/2020: 2.3 million)
    9M consolidated surplus increased significantly to 3.2 million (prev.
  • Sustained improvement in profitability in the ecotel Business Solutions and easybell segments continued.
  • The ecotel Business Solutions segment exhibited a sustainable increase in growth again in the third quarter, thereby increasing the segment's contribution to consolidated profit.
  • The high scalability of the business model, together with continued customer growth, led to EBITDA growth of 43% likewise to 6.0 million (prev.

DGAP-News: ecotel communication ag: Peter Zils and Markus Hendrich become co-chairmen of the board

Retrieved on: 
Wednesday, September 15, 2021

The supervisory board of ecotel communication ag today decided to jointly appoint Mr. Peter Zils and Mr. Markus Hendrich as CO-CEOs with effect from October 1, 2021.

Key Points: 
  • The supervisory board of ecotel communication ag today decided to jointly appoint Mr. Peter Zils and Mr. Markus Hendrich as CO-CEOs with effect from October 1, 2021.
  • Peter Zils, founder of the company and sole chairman of the Management board of ecotel communication ag since 2000, will share the chairmanship of the board equally with Markus Hendrich, who joined the board of the company on July 1, 2020 as Chief Digital Officer.
  • "I am very pleased that our decision to win Markus Hendrich for the ecotel Management Board has already had such positive effects after only 15 months.
  • I am excited about the additional opportunity to further develop ecotel together with Peter Zils and Achim Theis.