Comptel - Other information disclosed according to the rules of the Exchange

COMPTEL ANNOUNCES PRELIMINARY INFORMATION ABOUT 2016 FINANCIALS AND OUTLOOK FOR 2017 AND FINANCIAL TARGETS FOR STRATEGY PERIOD

Comptel Corporation Stock Exchange Release February 9, 2017, 9.05 AM EET



Comptel’s preliminary net sales for 2016 were approximately EUR 100.0 million
(2015: EUR 97.7 million) and its preliminary EBIT was approximately EUR 11.0
million in 2016 (2015: EUR 8.5 million). Comparable profit, excluding the India
tax accounting, was EUR 7.1 million. The reported profit was approximately EUR
11.7 million in 2016 (2015: EUR 4.5 million EUR) and earnings per share were
approximately EUR 0.11 (2015: EUR 0.04). Backlog for the next 12 months was at
the end of the year EUR 65.7 million (2015: EUR 66.3 million). The figures are
based on preliminary results for 2016 which have not been audited. 

BOARD OF DIRECTORS OUTLOOK STATEMENT FOR 2017

We expect 2017 revenue to grow with double digit percentage and we expect
comparable EBIT to be between 10-15%. 

COMPANY’S FINANCIAL TARGETS FOR STRATEGY PERIOD 2017-2019

Comptel’s financial goal over strategy period is to seek double digit annual
growth and to increase operating profit towards 20 % at the end of the period.
Additionally Comptel will continue to evaluate non-organic growth options. 

Comptel Corporation will publish the financial statements for 2016 on Friday
17th of February 2017. The 2016 annual report, which includes the financial
statements, will be published in week 11. 

Near term risks and uncertainties

The same near-term risks and uncertainties that have been published and
referred to in Comptel’s interim reports during 2016 apply also with respect to
the outlook and targets expressed above. 



For further information, please contact:

Juhani Hintikka, President and CEO, tel. +358 9 7001131



Distribution:

NASDAQ Helsinki

Major media

www.comptel.com



About Comptel Corporation

Life is digital moments. Comptel perfects these by transforming how you serve,
meet and respond to the needs of "Generation Cloud" customers. 

Our solutions allow you to innovate rich communications services instantly,
master the orchestration of service and order flows, capture data-in-motion and
refine your decision-making. We apply intelligence to reduce friction in your
business. 

Comptel has enabled the delivery of digital and communications services to more
than 2 billion people. Every day, we care for more than 20% of all mobile usage
data. Nearly 300 service providers across 90 countries have trusted us to
perfect customers' digital moments. 

For more information, visit www.comptel.com.