CANCOM SE — Earnings Release 2004

May 6, 2004

News Details

Ad-hoc | 6 May 2004 10:33

CANCOM with significant growth in sales and results in the first quarter of 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– CANCOM with significant growth in sales and results in the first quarter of 2004 Jettingen-Scheppach, Germany, 6 May 2004 – The preliminary figures for the first quarter of 2004 confirm the positive trend heralded by CANCOM IT Systeme AG’s announcement that it would attain turnaround in sales and results in the fourth quarter of 2003. Specifically, Group sales of Euro 51.7 million were realised in the first quarter of 2004. During the same period of 2003, sales after adjustment for discontinued operations amounted to Euro 46.6 million. This constitutes total organic growth in sales of 11 percent. Group EBITDA is likely to increase by 60 percent from Euro 0.5 million in the first quarter of 2003 to Euro 0.8 million in the first quarter of 2004. Group EBIT is also showing a clear improvement. Although negative Group EBIT of Euro -0.1 million was reported for the first quarter of 2003, the preliminary figures for 2004 indicate positive Group EBIT of Euro 0.4 million. CANCOM will disclose the definitive figures on 12 May when the quarterly report for the first three months of 2004 is published. For further information, please contact: CANCOM IT-Systeme AG Armin Blohmann Investor & Public Relations Messerschmittstrasse 20 D-89343 Jettingen-Scheppach Germany Phone: +49 (0)8225 996 1051 Fax: +49 (0)8225 996 1033 E-mail: armin.blohmann@cancom.de end of ad-hoc-announcement (c)DGAP 06.05.2004 ——————————————————————————– WKN: 541910 ; ISIN: DE0005419105; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart 061033 Mai 04