ecotel communication ag, a leading German quality provider for business customers, announced its financial results for the first half of 2026, demonstrating continued stable business development. The company reported a 14.7% increase in group revenue to EUR 65.4 million, up from EUR 57.0 million in the prior-year period. This growth was primarily driven by the ecotel Wholesale segment, which saw revenue rise to EUR 40.7 million from EUR 32.1 million, propelled by strong performance in the Voice business and positive developments in the Data segment. The Business Customer segment maintained stable revenue at EUR 24.7 million.
The improvement in revenue translated into better profitability. Gross profit increased to EUR 18.7 million, compared with EUR 17.8 million in the previous year. EBITDA rose to EUR 3.7 million from EUR 3.2 million, while EBIT climbed to EUR 1.5 million, up from EUR 0.9 million. Net income grew to EUR 0.9 million, and earnings per share improved to EUR 0.25 from EUR 0.20.
Cash flow generation also strengthened significantly. Cash flow from operating activities turned positive, reaching EUR 2.8 million, compared with a cash outflow of EUR 0.6 million in the same period last year. Free cash flow improved to EUR 0.9 million from a negative EUR 2.8 million. As of June 30, 2026, the group reported cash and cash equivalents of EUR 1.4 million and net financial assets of EUR 1.4 million, an improvement of EUR 3.5 million year-on-year.
In August 2026, ecotel made a VAT payment of EUR 2.8 million to avoid additional interest charges, despite maintaining its differing legal opinion and having filed legal remedies against the assessment notice. This payment will affect cash flow in the second half of the year, but the company remains confident in its solid financial and liquidity position.
Based on the first-half performance, ecotel confirms its expectations for fiscal year 2026. The company anticipates revenue within its guided range, likely at the lower end, and remains focused on maintaining stable operating performance, expanding higher-margin services, and strengthening its balance sheet. For more details, visit www.ecotel.de or view the original release on NewMediaWire.
