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Zenitel Annual report 2015

Annual report 2015

Some financial highlights:

  • Total revenue amounted to 66.5 million euro, down 1.3 % from 2014.
  • EBITDA was 4.9 million euro, up from 4.0 million euro last year.
  • EBIT amounted to 2.6 million euro compared to 2.7 million euro in 2014.
  • We had a capital gain of 5.1 million euro on the divestment of the Caribbean company.
  • The Board of Directors proposes to the General Assembly to pay a one-time dividend to the shareholders of 0.15 euro cent per share (gross) related to the divestment of the Caribbean company.
  • Net profit was 7.3 million euro, against 2.2 million euro last year.
  • Zenitel is financially debt free and provisions are down to 4.1 million euro.

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