CANCOM SE / Key word(s): Preliminary Results
04.02.2015 20:13
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CANCOM SE: Robust revenue growth with strong increase in profits
in the financial year 2014
Provisional forecast on revenues and profits for the financial year 2014,
adjusted Group EBITDA and EBITA with high double-digit growth
Munich, Germany, 04 February 2015 - The CANCOM Group shows continuing
growth in revenues and profits, according to preliminary figures for the
financial year 2014.
Preliminary Group revenues of EUR 828.9 million (2013: 613.8 million) for
the full year 2014 reflect the Group's growth of 35.0 percent year-on-year.
Organic growth amounts to 6.9 percent due to the constantly positive
performance of both reporting segments (cloud solutions and IT solutions).
Preliminary Group EBITDA adjusted for one-off effects grew 63.2 percent
from EUR 33.4 million up to EUR 54.5 million in 2014. This corresponds to
an adjusted EBITDA margin of 6.6 percent compared to 5.4 percent in 2013.
The one-off effects of EUR 2.9 million in 2014 are composed of external
expenses in connection with acquisitions, not to be capitalized pursuant to
IFRS, as well as one-time restructuring costs for subsidiaries, which
should improve Group profits in the future.
Preliminary Group EBITA (earnings before interest, tax and amortization on
intangible assets) adjusted for the above-mentioned one-off effects is EUR
42.9 million. This is equivalent to an increase of 67.6 percent compared to
the previous year's Group EBITA of EUR 25.6 million.
Fourth quarter
For q4, CANCOM achieved preliminary Group revenues of EUR 245.8 million
after EUR 196.3 million in the same period of the previous year, a plus of
25.2 percent.
Preliminary Group EBITDA adjusted for one-off effects in q4 is EUR 16.9
million compared to EUR 10.6 million in q4/2013 and thus improved by 59.4
percent. Adjusted EBITDA margin for q4/2014 is 6.9 percent compared to 5.4
percent in q4/2013.
Preliminary Group EBITA adjusted for one-off effects for the fourth quarter
of 2014 rose 70.9 percent from EUR 8.6 million in q4/2013 up to EUR 14.7
million.
Contact:
Beate Rosenfeld
Manager Corporate Communication & IR
CANCOM SE
Erika-Mann-StraÃe 69
80636 München
Germany
Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld@cancom.de
www.cancom.de
04.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: CANCOM SE
Erika-Mann-StraÃe 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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DGAP-Adhoc: CANCOM SE:
| Source: EQS Group AG