Comptel’s Q3 Results and Review

Posted: October 17th, 2013 | Author: | Filed under: News | Tags: , , | Comments Off on Comptel’s Q3 Results and Review

Comptel announced Q3 Interim Report on October 16th. We continued the successful execution of our main target for the year – the improvement of profitability. Our cost base is now notably below last year´s level which has significantly improved our ability to generate profit. We have also maintained significant investment level in our two main areas for the future which are the Comptel Fulfillment and Comptel Analytics.

We have received significant new orders from the fulfillment area during this year and the first next generation Comptel Fulfillment solutions have been taken into production use by our customers. Overall our fulfillment business has grown much faster than the market during this year. In terms of the Comptel Analytics solutions we continued the development activities as per our plans. The first Comptel Analytics solutions delivered have generated significant enhancements to the operator´s performance. We expect to secure new customers during the remaining months of the year and we anticipate business to grow next year.

We secured two significant orders from our fulfillment product area during the third quarter of the year. Comptel closed a deal valued at EUR 2.8 million in South America in July and received an expansion order from a significant operator in the Middle East during September.