DGAP-News: CANCOM SE / Key word(s): Quarter Results/Half Year Results
CANCOM records strong growth
11.08.2015 / 12:11
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CANCOM records strong growth
Double-digit sales and earnings growth in the second quarter and the first
half of the year
Munich/Germany, August 11, 2015 - CANCOM Group has continued its success in
the first six months of the current fiscal year. The second quarter was
characterized by a strong growth dynamic. The sales increase of 24.6% over
the same quarter last year to 232.3 million euros was particularly
impressive because of the organic growth of 17.6%. "We were able to record
strong development in both business sectors ," says Executive Board
Chairman Klaus Weinmann. The Group EBITDA rose by 17.1% to 13.0 million
euros. This put the EBITDA margin at 5.6% for the second quarter,
continuing the strong performance (5.4%) achieved in the first quarter and
the very good performance in the final quarter of the previous year.
Earnings per stock from continuing operations in the second quarter of the
current fiscal year are negatively influenced by a one-time effect on
financial earnings. Revised for this effect, adjusted earnings per stock
(pro forma) are 0.29 euros, compared to 0.24 euros last year.
From January to June, Group sales of 430.5 million euros were achieved,
compared to 368.2 million euros over the same period last year. Nearly half
of the 16.9% growth, 8.3%, was organic. The EBITDA rose by 14.5% to 23.7
million euros. The Group profitability remained high at a nearly constant
margin of 5.5%. In total, the IT group reports adjusted earnings per stock
of 0.51 euros from continuing operations for the first six months, compared
to 0.45 euros for the same period last year.
As of June 30, 2015, CANCOM Group has liquid assets worth 76.3 million
euros. Given a capital structure that shows an equity ratio of 47.6%, the
IT group is in a good position to take the next steps towards growth. "We
believe that the business development in the first six month of 2015,
supported by continuing positive economic conditions, is a good basis to
achieve our growth goals for the entire year," Klaus Weinmann says.
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
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11.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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385545 11.08.2015
DGAP-News: CANCOM records strong growth
| Source: EQS Group AG