CANCOM SE - Earnings Release 2016

News Details

Corporate | 10 August 2016 10:19

CANCOM SE: half-year figures confirm successful business development and growth path

DGAP-News: CANCOM SE / Key word(s): Half Year Results

2016-08-10 / 10:19

The issuer is solely responsible for the content of this announcement.

CANCOM SE: half-year figures confirm successful business development and growth path

Revenues and earnings for the first half of 2016 with high y-o-y increase

Group key figures h1/2016 at a glance:

– Revenues: Euro 492.2 million (2015: Euro 430.5 million)

– EBITDA: Euro 33.1 million (2015: Euro 23.7 million)

– EBIT: Euro 22.6 million (2015: Euro 12.9 million)

– Earnings per share (EPS): Euro 0.88 (2015: Euro 0.42)

Munich, Germany, 10 August 2016 – CANCOM Group continues growth after the first six months of the current financial year. Group revenues grew by 14.3 percent compared to the previous year up to Euro 492.2 million. Gross profit for the group improved from Euro 130.6 million in the first half of 2015 to Euro 142.9 million. Group EBITDA and Group EBIT showed considerable double-digit growth rates of 39.7 percent respectively 75.2 percent. “We believe, that focusing and expanding our business activities in the field of higher quality services and consulting is important and the right way for future success”, says Klaus Weinmann, chairman of the Executive board of CANCOM SE. Earnings per share from continuing operations for the first half of the current financial year are Euro 0.88 compared to Euro 0.42 in 2015, that is an increase of more than 100 percent.

In the second quarter of 2016, CANCOM achieved Group revenues of Euro 257.5 million after Euro 232.2 million in the same period of the previous year. Group EBITDA grew by 30.8 percent up to Euro 17.0 million. In total, CANCOM Group reports earnings per share from continuing operations for the second quarter of 2016 of Euro 0.45 compared to Euro 0,20 Euro in q2/2015.

As at 30 June 2016, CANCOM Group shows a solid balance sheet with a strong equity ratio of 55.7 percent and thus is well positioned for further growth.

Contact:

Beate Rosenfeld

Manager Corporate Communication & IR

CANCOM SE

Erika-Mann-Straße 69

80636 München

Germany

Phone: +49 (0) 89 / 54054 5193

mail to: [email protected]

www.cancom.de

2016-08-10 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	CANCOM SE
	Erika-Mann-Straße 69
	80636 Munich
	Germany
Phone:	+49-(0)89/54054-0
Fax:	+49-(0)89/54054-5119
E-mail:	[email protected]
Internet:	http://www.cancom.de
ISIN:	DE0005419105, DE0005419105
WKN:	541910, 541910
Indices:	TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange