on Telegate AG (ETR:TGT)
11880 Solutions AG Reports Stable Revenue and Increased EBITDA for 2025 and Q1 2026
11880 Solutions AG announced its financial outcomes for 2025 and the first quarter of 2026, maintaining stable revenue despite economic challenges. The company recorded revenue of EUR 54.2 million for 2025, with the Digital Business generating EUR 43.8 million and the Telephone Services segment EUR 10.4 million.
EBITDA improved, reaching EUR 4.1 million in 2025, with gains noted in both Digital Business and Telephone Services. Q1 2026 saw revenue at EUR 13.1 million, aligning closely with previous figures. EBITDA achieved a notable increase, rising to EUR 0.8 million compared to the same period last year.
On May 1, 2026, Martin Walter will assume the role of CEO. The company aims to continue its efficiency initiatives and enhance its product offerings to boost appeal among its customer base.
R. P.
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