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DGAP-Adhoc: CANCOM: increase in profit continues i

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Post# of 301275
Posted On: 10/28/2013 7:00:16 AM
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Posted By: News Desk 2018
DGAP-Adhoc: CANCOM: increase in profit continues in q3

CANCOM SE / Key word(s): Quarter Results 28.10.2013 11:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CANCOM: increase in profit continues in q3 Munich, Germany, 28 October 2013 - The preliminary results of IT solutions provider CANCOM SE for the nine months ended 30 September 2013 show continuing growth of Group profit combined with increased consolidated sales revenues year-on-year. In detail, consolidated earnings before interest, tax, depreciation and amortization (EBITDA) for the first nine months of 2013 rose 12.9 percent year-on-year from EUR 20.2 million to EUR 22.8 million. The EBITDA margin was 5.5 percent, compared with 5.0 percent in 2012. According to the preliminary figures, consolidated EBITDA for q3/2013 was up by 17.6 percent EUR 6.8 million to EUR 8.0 million, which corresponds to an improved EBITDA margin of 5.6 percent compared to 4.9 percent in the previous year. The preliminary figures indicate that the CANCOM Group's consolidated sales revenues were up 2.6 percent in the first nine months to EUR 417.5 million (2012: EUR 406.8 million). The preliminary consolidated sales revenues for the third quarter of the year were up 2.6 percent, from EUR 138.7 million to EUR 142.3 million. The fourth quarter has got off to a consistently good start. The Group's cloud solutions business, especially the CANCOM AHP Private Cloud and Cloud Managed Services, has continued to grow and is reflected in the earnings development in the third quarter. The successful implementation of several CANCOM AHP Private Cloud projects in recent months will result in a sustainable increase of recurring monthly income from Managed Services contracts. Against this backdrop, the constant positive economic conditions and the strong demand for private cloud implementations the Executive Board expects the full year 2013 to reach revenues and profits on a new record level. CANCOM considers a Group EBITDA of EUR 33 million for the full financial year with sales revenues of about EUR 590 million. The detailed nine-month report will be published on 8 November 2013. Contact: Beate Rosenfeld Manager Corporate Communication CANCOM SE Erika-Mann-Stra�e 69 80636 München Germany Phone: +49 (0) 89 / 54054 5193 mail to: beate.rosenfeld@cancom.de www.cancom.de 28.10.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: CANCOM SE Erika-Mann-Stra�e 69 80636 München Germany Phone: +49-(0)89/54054-0 Fax: +49-(0)89/54054-5119 E-mail: info@cancom.de Internet: http://www.cancom.de ISIN: DE0005419105 WKN: 541910 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------



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