DGAP-News: CANCOM aims at a year on a new record level with a good flow after nine months
(firmenpresse) - DGAP-News: CANCOM SE / Key word(s): Quarter Results
CANCOM aims at a year on a new record level with a good flow after
nine months
08.11.2013 / 10:38
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CANCOM aims at a year on a new record level with a good flow after nine
months
The figures for the first nine months of 2013 are as follows:
- Group revenues EUR 417.5 million (growth +2.6 % compared to the previous
year)
- Group EBITDA EUR 22.8 million (growth +12.9 % compared to the previous
year)
- Group EBIT EUR 16.1 million (growth +5.9 % compared to the previous year)
- Earnings per share EUR 0.93 (growth +9.4 % compared to the previous year)
Munich, Germany, 8 November 2013 - CANCOM Group underpins its constant
growth process in revenues and profits with the good business performance
of the first nine months of current financial year.
Group revenues for the first nine months of 2013 were at EUR 417.5 million
up 2.6 percent above previous year's level (2012: EUR 406.8 million). In
the same period, gross profit of the Group rose 9.0 percent from EUR 123.1
million to EUR 134.2 million. Gross profit margin is 32.1 percent compared
to 30.3 percent in 2012. Consolidated EBITDA grew up 12.9 percent from EUR
20.2 million up to EUR 22.8 million in the first nine months, which is
equivalent to an EBITDA margin of 5.5 percent after 5.0 percent in 2012.
Group EBIT could also grew from January to September 2013 - from EUR 15.2
million up 5.9 percent to EUR 16.1 million. In sum, earnings per share of
the Group from continuing operations for the first nine months 2012 were
EUR 0.93 compared to EUR 0.85 in the previous year.
In the third quarter consolidated revenues rose 2.6 percent from EUR 138.7
million in 2012 to EUR 142.3 million in 2013. Gross profit of the period
improved 9.8 percent from EUR 40.7 million to EUR 44.7 million. EBITDA rose
from EUR 6.8 million to EUR 8.0 million (+17.6 percent, EBITDA margin +0.7
percent up to 5.6 percent in q3/2013), EBIT rose from EUR 5.1 million to
EUR 5.8 million (+13.7 percent).
As announced on 28 October with the publication of preliminary figures, the
CANCOM Executive Board expects 2013 to set new record levels for revenues
and profits, due to the encouraging business performance of the first nine
months and a good start in the fourth quarter. Also due to the strong
demand for cloud solutions and the expansion of the high profitable managed
services business, the Executive Board is optimistic to close the full
financial year with Group revenues of about EUR 590 million and an EBITDA
of EUR 33 million.
Contact:
Beate Rosenfeld
Manager Corporate Communication
CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld(at)cancom.de
www.cancom.de
End of Corporate News
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08.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: CANCOM SEErika-Mann-Straße 69
80636 München
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info(at)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 News DGAP News-Service
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238795 08.11.2013
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