Ecotel Reports Solid Growth for 2024 and Positive Outlook for 2025

Ecotel Communication AG has demonstrated solid growth in the 2024 financial year, amid a challenging economic landscape. The company's sales rose by 8% to reach EUR 115.5 million, while operating EBITDA increased by 5% to EUR 9.5 million. The consolidated profit amounted to EUR 2.0 million, resulting in earnings per share of EUR 0.57.

The company has proposed a dividend of EUR 0.29 per share for 2024, aligning with its financial strategy to offer shareholders returns. In the business customer segment, sales increased by 4% to EUR 48.0 million, driven by growth in the Cloud & Fiber markets. The wholesale segment saw a significant 12% rise in sales to EUR 67.6 million, particularly from data line marketing.

Looking ahead to 2025, Ecotel aims for a turnover between EUR 117 and 125 million, with expected EBITDA growth to EUR 10-11.5 million. The management forecasts continued sales growth in the business customer segment by around 10% in the coming years.