Gigaset AG publishes report for the third quarter and first nine months of 2020

• 14% increase in revenue in the third quarter partly cushions declines in the first half of 2020

• Normalization of everyday life is buoying demand in particular among private consumers in the core Phones business and the Smartphones segment

• Rigorous cost cuts result in positive EBITDA

• Earnings back in the black in the third quarter thanks to prompt instigation of cost-cutting measures coupled with a strong cash position