Germany - Teles reports 13 percent less revenues for Q2.

(From Telecompaper Europe)

German telecom services provider Teles reports 13 percent less revenues for the second quarter of 2007 with EUR 5.9 million compared with EUR 6.8 million in the same period a year earlier. Gross profit decreased with 15 percent from EUR 2.7 million in Q2 2006 to EUR 2.3 million and EBITDA showed a negative result of EUR 3.1 million, a slight improvement from the negative result a year earlier (EUR 3.4 million). All in all, reduction in losses in operating segments compared to the previous quarter could not be …