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Germany's 11880 Solutions 9M EBITDA rises on digital business growth

By Reuters News


Overview

  • Germany digital directory firm's nine-month revenue declined yr/yr to EUR 37.2 mln

  • EBITDA for nine months rose to EUR 2.4 mln from EUR 2.2 mln

  • EBITDA improvement attributed to realignment of key processes and ongoing changes


Outlook

  • Company expects new product launches to contribute increasingly to revenue as market adoption grows

  • Company aims to increase revenue and productivity through its 2030 strategy


Result Drivers

  • PROCESS REALIGNMENT - Co said realignment of key processes contributed to improved profitability, per CEO Martin Walter

  • DIGITAL BUSINESS - Digital segment EBITDA rose 12.5% yr/yr, helping offset lower revenue

  • SEASONAL FLUCTUATIONS - Co said lower telephone services revenue and EBITDA were due to seasonal fluctuations at a major client


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Telephone Services Revenue

EUR 6.90 mln


Reuters Recommended Reads

  • Nov 5 - Germany's Nemetschek Q3 revenue slightly misses estimates; backs FY outlook

  • Nov 4 - Germany's ZEAL Network 9-month revenue rises on lotteries demand, lifts 2026 sales outlook

  • Nov 4 - ZoomInfo Q3 revenue falls 3%


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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