16.02.2023 ecotel communication ag  DE0005854343

EQS-News: ecotel communication ag: Preliminary figures for 2022 and forecast for 2023


 

EQS-News: ecotel communication ag / Key word(s): Preliminary Results/Forecast
ecotel communication ag: Preliminary figures for 2022 and forecast for 2023

16.02.2023 / 18:50 CET/CEST
The issuer is solely responsible for the content of this announcement.


  • Revenue: EUR 93.3 million
  • EBITDA: EUR 77.1 million
  • Consolidated net income: EUR 67.5 million / earnings per share: EUR 19.24
  • Planned dividend payment: EUR 18.82
  • Targeted investments in further growth

 

Düsseldorf, February 16, 2023

The 2022 financial year was extremely successful for Düsseldorf-based ecotel communication ag. In addition to one-time income from the sale of the holding in easybell GmbH and from the transfer of usage rights to Internet resources, the operating business also developed positively.

According to preliminary figures, revenues increased by 32% to EUR 93.3 million (PY: EUR 70.9 million) and EBITDA adjusted for special effects is expected to reach EUR 9.2 million (PY: EUR 9.7 million). Overall, ecotel is expected to report record EBITDA of EUR 77.1 million and a consolidated net income of EUR 67.5 million, or earnings per share of EUR 19.24.

As already published in today's ad hoc release, in addition to an ordinary dividend of EUR 0.82, the Executive Board and Supervisory Board are planning to propose a special dividend of EUR 18.00 to the shareholders for the Annual General Meeting on April 21, 2023, and thus a dividend proposal of overall EUR 18.82 per share entitled to dividends.

For 2023, ecotel plans growing consolidated revenues of EUR 95 to 100 million and increasing operating EBITDA in a corridor of EUR 9 to 10 million (see below for definition), despite the sale of the easybell segment. The goal is to return to a sustainable operating result that is comparable with the ecotel Group's result before the sale of the easybell segment as quickly as possible.

(in EUR million) 2021*   2022  2023 forecast
Group Sales 70.9 93.3 95 - 100
of which ecotel Business Customers segment 46.3 45.6 46 – 48
Gross profit 31.1 31.2 31 - 33
of which ecotel Business Customers segment 28.5 29.1  
EBITDA 9.7 77.1  
Adjusted/operating EBITDA 9.7 9.2 9 – 10
of which ecotel Business Customers segment 8.6 8.4 > 8.5
Consolidated net income 4.8 67.5 > 4
Earnings per share (in EUR) 1.36 19.24  
Free cash flow 10.5 76.6  
Net financial assets 9.6 66.9  
Equity ratio (in %) 47.6 75.9  

* Prior-year figures adjusted as the easybell segment was classified as discontinued operation and was sold on November 17, 2022.
 

The overall increase in profitability and the one-time income generated in 2022 will enable ecotel to invest further in the growth markets »cloud« and »fiber« and to position itself more quickly and sustainably in these growing segments. The Executive Board and Supervisory Board are convinced that ecotel’s strategic positioning offers good opportunities to grow faster than the market in the coming years.  Against this backdrop, the Company is pursuing the goal of driving growth not only with the existing organization and existing resources, but also through targeted investments, above all in sales and sales-supporting resources, as well as the development of new channels.

The Management Board expects these investments to pay off as disproportionate sales growth and sustainable earnings increases by 2024 already.

Due to the large number of one-time effects on the one hand and to ensure comparability and transparency on the other hand, ecotel will report an operating EBITDA in the future. The following headlines are subject to adjustment effects:

  • Income and expenses from changes in the investment portfolio and directly related transaction costs (including deconsolidation result, effects from purchase price allocation, expenses for due diligence, legal advice, notarization)
  • Unplanned income from the transfer of rights to Internet resources (including purchase price, exchange rate effects, performance commissions, transaction costs)
  • Expenses for non-cash valuation effects (e.g. stock option plans)
  • One-time expenses for reorganization and restructuring measures
  • Other income and expenses that were unforeseeable in nature and/or amount, limit the comparability of operating activities and cannot be directly influenced by management (e.g. unforeseeable temporary fluctuations in energy prices, or unforeseen retrospective price adjustments of wholesale products due to decisions by regulatory authorities or courts)

About ecotel communication ag:

The ecotel Group (hereinafter »ecotel«) has been operating nationwide since 1998 and is established as one of Germany’s leading providers of high-quality business solutions. With the focus on »Cloud & Fiber« in 2022, ecotel supplies the two most important growth areas of the German telecommunications market.

The parent company is ecotel communication ag with headquarters in Düsseldorf. Including its subsidiary, ecotel has a total of about 225 employees. Currently, ecotel provides full cloud and broadband services to more than 15,000 customers throughout Germany.

Note:

This publication is not an offer for the sale nor an invitation for the purchase or subscription of securities. This publication is not a securities brochure. This publication and the information contained therein are not intended for direct or indirect dissemination to or within the United States of America, Canada, Australia or Japan.

 

Investor relations

ecotel communication ag

Investor relations

+49 (0) 211-55 007 740

E-mail: [email protected]

For more information, please visit us at www.ecotel.de

 



16.02.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ecotel communication ag
Prinzenallee 11
40549 Düsseldorf
Germany
Phone: +49 (0)211 55 00 70
Fax: +49 (0)211 55 00 7 222
E-mail: [email protected]
Internet: http://www.ecotel.de
ISIN: DE0005854343
WKN: 585434
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1562107

 
End of News EQS News Service

1562107  16.02.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 120,62 98,86 82,75 98,30 95,87 93,33 106,29
EBITDA1,2 6,86 7,44 8,71 11,56 18,12 77,10 12,45
EBITDA-Marge3 5,69 7,53 10,53 11,76 18,90 82,61
EBIT1,4 2,21 2,15 1,48 4,02 10,63 17,93 7,67
EBIT-Marge5 1,83 2,17 1,79 4,09 11,09 19,21 7,22
Jahresüberschuss1 1,36 1,39 0,89 2,63 7,27 70,15 7,43
Netto-Marge6 1,13 1,41 1,08 2,68 7,58 75,16 6,99
Cashflow1,7 4,23 6,67 9,96 10,26 15,43 28,49 6,10
Ergebnis je Aktie8 0,13 0,13 -0,05 0,28 1,36 17,51 1,93
Dividende8 0,13 0,13 0,00 0,14 2,25 18,82 0,23
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: RSM Ebner Stolz

INVESTOR-INFORMATIONEN
©boersengefluester.de
Ecotel
WKN Kurs in € Einschätzung Börsenwert in Mio. €
585434 15,750 Halten 55,28
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,76 21,07 0,78 15,86
KBV KCV KUV EV/EBITDA
2,50 9,06 0,52 4,14
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
18,82 0,47 2,98 28.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 12.08.2024 06.11.204 14.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,72% -5,82% -8,70% -67,46%
    
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