Zenitel announced consolidated earnings results for the six months of 2018. Revenue amounted to EUR 31.1 million compared to last year's EUR 30.2 million. EBITDA was EUR 2.5 million compared to EUR 2.2 million in the first half of 2017. It improved operational performance by focusing on efficiency gains and cost improvement programs and increased investments in sales, marketing and R&D activities. Operating profit (EBIT) amounted to EUR 1.8 million compared to EUR 1.3 million last year. Profit for the period was EUR 1.3 million against EUR 0.7 million in 2017.

The company is active in multiple markets and therefore expects full year results to be in line with last year.