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DE-CIX Publishes Annual Report 2017: New Services and Global Growth Influence Positive Company Results

Frankfurt am Main (Germany), September 12, 2018. In the 2017 financial year, DE-CIX successfully maintained its position as the world leader in operating Internet Exchanges. Consolidated total turnover across all parts of the company rose by 9 percent from 2016 to reach 31.8 million Euro. EBIT amounted to 0.9 million Euro and EBITDA to 2.75 million Euro in 2017. DE-CIX finished the financial year 2017 with a very healthy equity ratio of 74 percent. The DE-CIX Internet Exchanges in Europe, Asia, the Middle East, and North America, which now total 13* worldwide, saw consolidated customer growth of almost 14 percent in 2017 and meanwhile serve more than 1,500 customers from over 100 countries.

DE-CIX was even able to increase the proportion of international business outside the core market of Germany by 40 percent over the previous year, with this now accounting for about 10 percent of total DE-CIX revenues. In particular, DE-CIX New York (with revenue growth of almost 66 percent in 2017) and DE-CIX Madrid (as the fastest growing Internet Exchange worldwide in terms of customer growth) shaped the successful international expansion strategy at DE-CIX. Of the 13 sites worldwide, Frankfurt, as the world's leading Internet Exchange, remains the most important DE-CIX location. In terms of data throughput, in reaching 6 Terabits per second on 6 December 2017, DE-CIX Frankfurt set a new world record – the second in the last financial year. 

“Although there were numerous global market changes and challenges in 2017, DE-CIX was able to retain its national and international position and expand its position as the leading operator of Internet Exchanges. Not least through the launch of our DE-CIX Service World, we have responded to the requirements and wishes of our customers and successfully placed our new services on the market,” says Harald A. Summa, CEO of DE-CIX. “We anticipate further growth in 2018, as well as an increased contribution of our international activities to DE-CIX's overall result.” 

In 2017, with the “Mumbai IX powered by DE-CIX”, the company expanded its global footprint with another important strategic location. India is considered one of the strongest global growth markets for interconnection services. “Our mission is to be where our customers need us. With the Mumbai IX, we have created a new digital hub in the growth market of India. Identifying new hubs worldwide and including them in our further expansion strategy will continue to be part of DE-CIX’s DNA. The geographic coverage of DE-CIX, paired with the variety of interconnection services, will allow connected networks – whether they are acting regionally or globally – to easily provide their customers all over the world with the most reliable, the fastest, and the best services,” says Ivo Ivanov, CEO with responsibility for DE-CIX's international business.