News Column

DGAP-Adhoc: CANCOM: strong growth in revenues and profit continues in q2

July 30, 2014

CANCOM SE / Key word(s): Preliminary Results 30.07.2014 16:14 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: strong growth in revenues and profit continues in q2 Munich, Germany, 30 July 2014 - With publishing provisional figures for q2 and the first half of 2014 CANCOM SE continues to show strong growth in revenues and profits year-on-year. In detail, the group's consolidated sales revenues for q2 were up to EUR 189.3 million according to the provisional figures and compared to EUR 140.0 million in 2013. This is equivalent to an increase of 35.2 percent. Preliminary Group EBITDA adjusted for one-off effects for the second quarter was EUR 11.4 million, 46.2 percent higher than the figure of EUR 7.8 million in q2/2013. Respectively the adjusted EBITDA margin is 6.0 percent as compared with 5.6 percent in 2013 and shows the group's increased profitability. The one-off effects of EUR 0.1 million are external expenses in connection with the acquisitions, not to be capitalized pursuant to IFRS and not incurred related to the operational business. Preliminary Group EBITA (earnings before interest, taxes and amortization on intangible assets) adjusted for one-off effects is EUR 8.2 for q2, compared with EUR 5.8 million in 2013, a plus of 41.4 percent. For the first six months of the current financial year, the group's consolidated sales revenues grew 36.2 percent up to EUR 374.7 million according to the provisional figures compared to EUR 275.1 million in the previous year. Preliminary Group EBITDA adjusted for one-off effects amounting to EUR 0.6 million in the first half of 2014 was EUR 22.0 million and 48.6 percent higher than the figure of EUR 14.8 million recorded in the first half of 2013. The adjusted EBITDA margin was up from 5.4 percent in 2013 to 5.9 percent. Preliminary Group EBITA for the first half of 2014 amounts to EUR 15.8 million compared to EUR 10.9 million in 2013 - an increase of 45.0 percent. The full report for the second quarter will be published on 7 August 2014. Contact: Beate Rosenfeld Manager Corporate Communication & IR CANCOM SE Erika-Mann-Straße 69 80636 MÜnchen Germany Phone: +49 (0) 89 / 54054 5193 mail to: beate.rosenfeld@cancom.dewww.cancom.de30.07.2014 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-Straße 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 ---------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: DGAP Ad Hoc Disclosures


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters