CANCOM SE / Key word(s): Preliminary Results 28.10.2014 19:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- CANCOM SE: significant increase in sales and profit in q3 Munich, Germany, 28 October 2014 - CANCOM increased consolidated sales revenues for q3 according to provisional figures up to EUR 208.4 million compared to EUR 142.3 million for the previous year, which is equivalent to an increase of 46.5 percent. Preliminary Group EBITDA adjusted for an one-off effect for the third quarter was EUR 15.5 million, 93.8 percent higher than the figure of EUR 8.0 million in q3/2013. Respectively, the adjusted EBITDA margin is 7.4 percent compared to 5.6 percent in 2013. The one-off effect of EUR 0.5 million results from costs for the early termination of a rental agreement related to the merger of two locations of a former acquisition. In this context, CANCOM expects future savings of EUR 0.3 million per year. Adjusted preliminary Group EBITA (earnings before interest, taxes and amortization on intangible assets) has doubled and amounted to EUR 12.3 for q3, compared to EUR 6.1 million in 2013 (plus 101.6 percent). For the nine months of the current financial year, the group's consolidated sales revenues according to the provisional figures were EUR 583.1 million compared to EUR 417.5 million, a year-on-year growth of 39.7 percent. Preliminary Group EBITDA adjusted for one-off effects amounting to EUR 1.1 million in the first nine months of 2014 was EUR 37.6 million and 64.9 percent higher than the previous year's figure of EUR 22.8 million. The adjusted EBITDA margin was up from 5.5 percent in 2013 to 6.4 percent. The one-off effects of EUR 1.1 million result from the costs mentioned above as well as from external expenses in connection with acquisitions, not to be capitalized pursuant to IFRS and not incurred related to the operational business. Preliminary Group EBITA for the first nine months of 2014 amounts to EUR 28.2 million compared to EUR 17.0 million in 2013 (plus 65.9 percent). The positive development in the third quarter is driven by solid business demand, from which both reporting segments - IT solutions and cloud solutions - could benefit. The nine months report will be published on 11 November 2014. 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 28.10.2014 The DGAP 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-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 ---------------------------------------------------------------------------
DGAP-Adhoc: CANCOM SE: significant increase in sales and profit in q3
| Source: EQS Group AG