Drillisch reports 6.4% rise in 2008 EBITDA, revenues decline 3.2%

26 Mar 2009

German mobile service provider Drillisch has reported a decline in 2008 revenue by 3.2% to EUR350.1 million (USD472.6 million), while its earnings before interest, tax, depreciation and amortisation (EBITDA) for the year rose by 6.4% to EUR40.6 million, exceeding its forecast of EUR40 million. The company’s gross profit margin for 2008 remained unchanged at 20.9%, while operating cash flow reached EUR42.6 million, compared to EUR5.4 million in 2007. At 31 December 2008 Drillisch recorded a resold wireless subscriber base of 2.37 million, up from 2.2 million a year earlier.

Germany, 1&1 (formerly 1&1 Drillisch)