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CANCOM SE — Earnings Release 2010
Apr 22, 2010
71_rns_2010-04-22_3418b182-2f4c-4d8f-8fb4-9f04931c665f.html
Earnings Release
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News Details
Ad-hoc | 22 April 2010 12:55
CANCOM IT Systeme AG: Preliminary first-quarter figures show doubling of profits (EBIT); Guidance increased
CANCOM IT Systeme AG / Preliminary Results/Change in Forecast
22.04.2010 12:55
Dissemination 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.
Jettingen-Scheppach, Germany, 22 April 2010 - CANCOM IT Systeme AG has
today published its preliminary figures for the first quarter of 2010,
which show a further year-on-year jump in sales revenues and profits. The
Executive Board has also increased its earnings per share forecast for the
years 2010 and 2011.
The provisional figures for the first quarter of 2010 show that the CANCOM
Group increased its consolidated revenue by 8.8 percent to EUR 115.0
million, as compared with EUR 105.7 million in the first quarter of 2009.
The provisional figure for the consolidated EBITDA rose by 76.5 percent,
from EUR 1.7 million to EUR 3.0 million.
The provisional figure for the consolidated EBIT doubled from EUR 1.1
million in the first three months of 2009 to EUR 2.2 million in the first
quarter of 2010.
Against the background of the increase in profits in the first quarter of
2010, its market position and its business prospects, CANCOM has increased
its forecast for earnings per share from EUR 0.50 to EUR 0.60 in 2010 and
from EUR 0.60 to EUR 0.70 in 2011.
The report for the first three months of 2010 with the definite figures for
the first quarter will be published on 12 May 2010 and will then be
available at www.cancom.de.
Contact:
Beate Rosenfeld
Corporate Communication Specialist
CANCOM IT Systeme AG
Messerschmittstraße 20
89343 Jettingen-Scheppach
Germany
Tel.: +49 (0) 8225 / 996 1015
Fax: +49 (0) 8225 / 996 4 1015
mail to: [email protected]
22.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: CANCOM IT Systeme AG
Messerschmittstr. 20
89343 Jettingen-Scheppach
Deutschland
Phone: +49-(0)8225/996-1000
Fax: +49-(0)8225/996-1033
E-mail: [email protected]
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service