CANCOM IT Systeme AG / Final Results/Preliminary Results 22.02.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CANCOM IT Systeme AG: earnings per share up 88% in 2007 to 0,45 - sharp rise in sales revenues and profits Jettingen-Scheppach, Germany, 22 February 2008 - The CANCOM Group achieved its best ever result in the 2007 financial year, according to the provisional figures, and is continuing on its path to growth. Consolidated sales revenues and earnings showed a marked increase on the previous years figures. The extraordinary increase in profitability is mainly due to the company's strategic focus on providing services with high profit margins. The Executive Board expects a further increase in both sales revenues and profits in the current financial year, driven in part by acquisitions. In the 2007 financial year the CANCOM Group recorded consolidated sales revenues of 300,1 million, compared with 265,0 million in 2006, an increase of 13,2 percent. Consolidated gross profit improved by some 33,9 percent - from 66,1 million to 88,5 million - following the expansion of the company's IT services. This represented an improvement in the gross profit margin on the previous year, up from 24.9 percent to 29,5 percent. Consolidated EBITDA was up 37,9 percent, rising to 8,0 million after reaching 5,8 million in 2006. Consolidated EBIT was up 41,9 percent - from 4,3 million to 6,1 million. The consolidated income for the year was up from 2,4 million to 4,6 million, an increase of 91,7 percent. This figure includes a net positive tax effect which can be attributed to the German reform of the sales tax system and the ensuing ability to utilise existing loss carryovers more quickly due to the positive outlook in respect of profits. The result is earnings per share of 0,45, compared with 0,24 in the previous year, an increase of 87,5 percent. The annual report for 2007 will be available from 28 March 2008 at www.cancom.de, Investor Relations. Dr. Johannes Mauser Vice President Director Corporate Development CANCOM IT Systeme AG Messerschmittstr. 20 89343 Jettingen-Scheppach Germany Tel.: +49 (0) 8225 / 996 1272 Mob.: +49 (0) 1511 /8833542 Fax: +49 (0) 8225 / 996 4 1272 johannes.mauser@cancom.de www.cancom.de DGAP 22.02.2008 --------------------------------------------------------------------------- Language: English Issuer: CANCOM IT Systeme AG Messerschmittstraße 20 89343 Jettingen-Scheppach Deutschland Phone: +49 (0)82 259 96-1000 Fax: +49 (0)82 259 96-41051 E-mail: ir@cancom.de Internet: www.cancom.de ISIN: DE0005419105 WKN: 541910 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: CANCOM IT Systeme AG: earnings per share up 88% in 2007 to 0,45 - sharp rise in sales revenues and profits
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