Colt Group S.A. Interim Management Statement for the quarter ended 30 September 2013

HomeBlogsColt Group S.A. Interim Management Statement for the quarter ended 30 September 2013

Rakesh Bhasin, Chief Executive Officer, said:

“This quarter’s results reflected currency headwinds and regulatory driven rate reductions which continued to drag on headline revenue growth. While underlying progress continues to be made in several areas including development of our managed services business, we continue to experience churn in legacy technologies and smaller customers. We do, however, continue to invest in our strategic programmes which, combined with product mix, has resulted in pressure on our EBITDA margins.”

Click here to read the full press release

Recent posts

Leading provider of medical devices in the global healthcare sector

Business drivers -  why move to the cloud? This leading provider of medical devices needed to adopt a ...
Continue Reading

Colt Technology Services embarks on 70-strong recruitment drive

Investment in new team members is being driven by Colt’s three-year strategy and organisational structure. London, UK, 13 ...
Continue Reading

How Colt is using an online portal to improve the experience of our Voice resellers

As the world becomes more digital, the importance of online portals has become significant. Voice resellers need control ...
Continue Reading