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CANCOM SE Earnings Release 2009

Apr 28, 2009

71_rns_2009-04-28_e6d0329e-a175-46fa-ae1b-2a6ef1ba139c.html

Earnings Release

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News Details

Ad-hoc | 28 April 2009 14:19

CANCOM IT Systeme AG (ISIN: DE0005419105) shows substantial growth in the first quarter of 2009

CANCOM IT Systeme AG / Preliminary Results

Release of an 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 publishes provisional figures for the first quarter of
2009:

Successful first quarter despite economic crisis

  • Revenue in the first quarter of 2009: EUR 101.9 million (an increase of
    38.1 percent)

  • EBITDA in the first quarter of 2009: EUR 1.7 million (a change of 0
    percent)

Jettingen-Scheppach, Germany, 28 April 2009 - The provisional figures for
the first quarter of 2009 show that the CANCOM Group increased its
consolidated revenue by 38.1 percent to EUR 101.9 million, as compared with
EUR 73.8 million in the first quarter of 2008.

Consolidated gross profit rose by 25.2 percent, from EUR 22.8 million to
EUR 28.5 million. The gross profit margin declined from 30.9 percent to
28.0 percent. This effect can be explained by the acquisition of Etailers
Home of Hardware in 2008.

Consolidated EBITDA remained unchanged at the previous year's level of EUR
1.7 million.

Consolidated EBIT amounted to EUR 1.1 million, as compared with EUR 1.3
million in the first quarter of 2008. This corresponds to a decline of 15
percent.

The report for the first three months of 2009 with the definite figures for
the first quarter will be published on 8 May 2009 and will then be
available at www.cancom.de.

Contact:
Dr. Johannes Mauser
Vice President
Director Corporate Development

CANCOM IT Systeme AG
Messerschmittstr. 20
89343 Jettingen-Scheppach
Germany

Tel.: +49 (0) 8225 / 996 1272
Fax: +49 (0) 8225 / 996 4 1272
mail to: [email protected]
www.cancom.de

28.04.2009 Financial News transmitted by DGAP

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]
Internet: www.cancom.de
ISIN: DE0005419105
WKN: 541910
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service