Zenitel NV reports solid revenue growth and appoints new CEO
(WorldNews Belgium)

Zenitel reports revenue of EUR 38.1 million for the first six months of 2019, an increase of 22% mainly due to improvements in all markets and the effects of the Phontech acquisition at the end of 2018. Financial highlights Revenue amounted to EUR 38.1 million compared to last year`s EUR 31.1 million. EBITDA before the adoption of IFRS 16 remained stable. Operating profit (EBIT) amounted to EUR 2.0 million compared to EUR 1.8 million last year. Profit for the period of EUR 1.5 million against EUR 1.3 million in 2018. EBITDA amounted to EUR 3.4...