(AOF) – Ekinops closed its 2021 fiscal year in a fourth quarter, marked by new double-digit organic growth in activity. Consolidated turnover over this period thus came to 28.7 million euros, an increase of 13% The supplier of telecommunications solutions dedicated to telecommunications operators and businesses recorded growth of 11% at consolidation scope and constant exchange rates.
Ekinops crossed for the first time the threshold of 100 million euros, thus achieving a consolidated annual turnover of 103.6 million euros, up 12% (identical at constant scope and exchange rates).
“This development is the result of growth in all of the group’s activities (Transport, Access and Software), and in particular of very good sales momentum for optical transport solutions across all geographic areas”, commented the society.
Building on this dynamic growth, Ekinops confirmed its annual objectives: a gross margin of between 52% and 56% and an EBITDA margin between 14% and 18%.
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New equipment manufacturers are on the rise
After two decades of concentration, which had led to the domination of the market by three players – Huawei, Ericsson and Nokia – new competitors are appearing. Small players have emerged with Open RAN (for “open radio access networks”), such as Mavenir, Parallel Wireless, Airspan, while large groups want to return or diversify into telecoms (such as Samsung, NEC, Fujitsu) with these solutions.
Some professionals believe that the turnover of Open RAN solutions should be doubled in 2021 and should represent 10% of the mobile equipment market in 2025. The largest European operators (Deutsche Telekom, Orange, Telefónica and Vodafone) have signed a memorandum of understanding, by which they commit to rapidly deploying Open RAN solutions in Europe. The second largest operator in the world, Vodafone, recently confirmed this commitment.