DGAP-News
Drillisch AG: EBITDA forecast exceeded - significant improvement in all major KPIs striking proof of successful corporate strategy - EBITDA forecast for 2017 confirmed
DGAP-News: Drillisch AG / Key word(s): Preliminary Results/Dividend Drillisch AG: EBITDA forecast exceeded - significant improvement in all major KPIs striking proof of successful corporate strategy - EBITDA forecast for 2017 confirmed |
Highlights of fiscal year 2016
- MVNO clientele grows by 772,000 to 3.359 million (+29.8% over previous year)
- Revenues rise by EUR80.4 million to EUR710.0 million (+12.8% over previous year)
- Service revenue rises by EUR117.6 million to EUR551.3 million (+27.1% over previous year)
- Gross profit rises by EUR24.4 million to EUR278.9 million (+9.6% over previous year)
- EBITDA rises by EUR14.6 million to EUR120.2 million (+13.9% over previous year)
- Operating cash flow rises by EUR4.3 million to EUR80.5 million (+5.6% over previous year)
Maintal, 22 February 2017
Drillisch AG (ISIN DE 0005545503) has brought fiscal year 2016 to a highly successfully close, significantly improving all of the major KPIs in comparison with the previous year and once again
exceeding the EBITDA forecast.
The good start to fiscal year 2017 adds to Drillisch's confidence that it is holding to a consistently profitable course of growth. Although the recently announced regulatory changes (such as the reduction in termination charges and roam like at home) will tend to reduce earnings for all companies in the mobile services industry, Drillisch confirms its EBITDA forecast for 2017 in the amount of EUR160 million to EUR170 million; this will mean an increase of more than 40% over fiscal year 2016 and a sustained continuation of the Company's successful history.