11880 Solutions AG Reports Stable Revenue and EBITDA Growth for 2024

11880 Solutions AG has confirmed its efficiency strategy with positive financial results for fiscal year 2024. The Essen-based company, specializing in online marketing and telephone services, recorded revenues of EUR 55.6 million, slightly down from EUR 57.1 million in 2023. However, EBITDA witnessed a notable increase to EUR 3.9 million, compared to EUR 2.6 million last year.

The digital business remains a key contributor, generating EUR 44.3 million in revenue and a significant rise in EBITDA to EUR 3.8 million. Meanwhile, the Directory Assistance segment saw revenue of EUR 11.4 million, compensating for traditional service declines with its call center services.

CEO Christian Maar highlighted the successful launch of the first werkenntdenBESTEN packages, poised for future growth. Looking to 2025, the company projects revenue between EUR 53 million and EUR 57 million, alongside EBITDA of EUR 3 to 4 million.