Comptel’s 2013 Results and Review

Comptel’s main target for 2013 was to improve profitability. In the first half of 2013, we continued the cost-savings program that was started in 2012, with the aim to improve efficiency and the company’s cost structure. Our operating profit, excluding one-time items, increased to 8.8 per cent (-1.0) on an annual level in 2013. Support and maintenance sales continued to be strong in 2013.

As defined in our strategy, we continued our research and development investments into our new solution areas. Comptel Fulfillment, Comptel Analytics (where we won two new customers) and Comptel Policy Control sales grew by 22 per cent year over year.

During 2013, we won four new customers and secured 17 significant orders, valued over EUR 0.5 million. Geographically, our sales grew especially in the Middle East and the Americas. Finally, to wrap up, in the fourth quarter, Comptel entered a new market in Vietnam, where we closed a new Comptel Fulfillment deal, as well as won a new customer for the same product in New Zealand.

We look forward to what 2014 holds for Comptel!