Gigaset AG publishes 2021 Annual Report: Higher revenues and sharp increase in EBITDA in fiscal 2021 despite the ongoing coronavirus pandemic
* Revenues rise by 1.4% year on year to EUR 217.1 million.
* EBITDA increases sharply from EUR 1.9 million in 2020 to EUR 16.5 million
* Growth segments buoyant: Revenues grow by 36.8% at Smartphones and by 39.2% at Professionalread more
The German Broadband Communications Association (BREKO) represents the majority of German fixed network competitors. Its members are strongly committed to fibreglass and are currently responsible for 80 percent of the competitive expansion with direct fibre connections (FTTB / FTTH). In the last two years, 407 member companies have invested around 6 billion euros in fibre-optic-supported broadband expansions. Gigaset is now also a partner of the association and, together with a task force, has...read more