CANCOM SE — Earnings Release 2001

Mar 5, 2002

News Details

Ad-hoc | 5 March 2002 19:16

Cancom IT Systeme AG english

Sales increase by 54.5 per cent over 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Sales increase by 54.5 per cent over 2001 CANCOM Group (securities code: WKN 541 910) consolidated sales increased significantly in 2001 by 54.5 per cent over the previous year to Euro 243.4 million. Group EBITDA adjusted for discontinued operations is Euro 7.1 million, corresponding to 20.3 percent growth over the prior year’s adjusted EBITDA of Euro 5.9 million. Without this effect, EBITDA would be Euro 4.3 million (2001: Euro 4.1 million). Before discontinued operations, the Group EBIT amounts to Euro 3.7 million and is therefore within the forecast parameters, as are also the consolidated sales. Net income is Euro 0.01 million, and thus consolidated retained earnings Euro 1.15 million. DVFA/SG earnings per share is Euro 0.40 after adjusting for discontinued operations. The Executive Board is satisfied with these results in view of the extremely difficult economic situation in 2001 – particularly in the IT sector. These achievements reflect the strong market position and future earning power of CANCOM IT Systeme AG. CANCOM therefore assumes that it will profit over- proportionally from the apparent business revival. end of ad-hoc-announcement (c)DGAP 05.03.2002 ——————————————————————————– WKN: 541910 ; ISIN: DE0005419105; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 051916 Mär 02