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CANCOM SE — Earnings Release 2006
Jan 9, 2007
71_rns_2007-01-09_ec1d3871-32be-479d-a742-1c9a8d9548af.html
Earnings Release
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News Details
Ad-hoc | 9 January 2007 12:20
CANCOM IT Systeme AG exceeds sales revenue and profit forecasts for 2006
CANCOM IT Systeme AG / Final Results/Development of Sales
Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
CANCOM IT Systeme AG exceeds sales revenue and profit forecasts for 2006
Jettingen-Scheppach, Germany, 9 January 2007
According to preliminary reports, the CANCOM Group generated consolidated
sales revenues of approximately € 266 million in the financial year 2006,
compared with € 222.2 million in the financial year 2005 (an increase of
19.7 percent). The company originally forecast consolidated sales revenues
in the range of € 230 million to € 250 million.
Definite figures for profit are not yet available. However, in view of the
positive trend in sales revenues during the financial year 2006, it is
expected that the company’s original consolidated EBIT forecast of € 2
million to € 4 million could also be exceeded.
This means the CANCOM Group will, in all probability, be able to report its
best year in the history of the company in terms of sales revenues and
EBIT.
The main reason for the positive business development is the Group’s
successful expansion of its service activities, along with a significant
upturn in its trading business, particularly in the fourth quarter of 2006.
This is reflected in the consolidated sales revenues for the fourth
quarter, which mark a new record at € 86.3 million – an increase of about
27 percent on the figure for the previous year.
Against the background of a continued upward trend in the economy, the
Executive Board expects the financial year 2007 to bring further growth in
sales revenues, with an even faster increase in profits.
Please address any queries to:
CANCOM IT Systeme AG
Armin Blohmann
Investor & Public Relations
Messerschmittstrasse 20
89343 Jettingen-Scheppach
Germany
phone: +49 (0)8225 996 1051
fax: +49 (0)8225 996 4 1051
email: [email protected]
DGAP 09.01.2007
Language: English
Issuer: CANCOM IT Systeme AG
Messerschmittstraße 20
89343 Jettingen-Scheppach Deutschland
Phone: +49 (0)82 259 96-1000
Fax: +49 (0)82 259 96-41051
E-mail: [email protected]
WWW: www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service