DGAP-News

CANCOM continues profitable growth in the first quarter of 2016

DGAP-News: CANCOM SE / Key word(s): Quarter Results
CANCOM continues profitable growth in the first quarter of 2016

12.05.2016 / 09:43
The issuer is solely responsible for the content of this announcement.

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CANCOM continues profitable growth in the first quarter of 2016

- Group revenues: Euro 234.7 million (+18.4 percent y-o-y)

- Group EBITDA: Euro 16.1 million (+50.5 percent y-o-y) / EBITDA margin:
6.9
percent (q1/2015: 5.4 percent)

- Group EBIT: Euro 10.9 million (+101.9 percent y-o-y)

Munich, Germany, 12 May 2016 - CANCOM group's first quarter of the current
fiscal year ended with strong financial figures. Consolidated revenues grew
by 18.4 percent to Euro 234.7 million (q1/15: Euro 198.2 million). Group
EBITDA and EBIT rose by 50.5 respectively 101.9 percent compared to the
same quarter in the previous year. Accordingly, increased profit margins
showed further improvement of group profitability. Due to the ongoing trend
towards cloud computing as well as the demand for related IT solutions in
the fields of mobility, security or big data CANCOM had a positive
development in both business segments IT solutions and cloud solutions.

Gross profit for the group grew by 10.5 percent from Euro 64.5 million in
q1/2015 to Euro 71.3 million, mainly due to the successful expansion of the
high valuable services business. For the first three months of the current
fiscal year, CANCOM achieved earnings per share from continuing operations
of Euro 0.43 compared to Euro 0.22 in the previous year. This corresponds
to an increase of nearly 100 percent.

The solid equity base of Euro 275.8 million as at 31 March 2016 and an
equity ratio of 56.7 percent is proof for the balance sheet strength of
CANCOM Group.




Contact:
Beate Rosenfeld
Manager Corporate Communication & IR

CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany

Phone: +49 (0) 89 / 54054 5193
mail to: [e-mail]
www.cancom.de


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12.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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


End of News DGAP News Service
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462757 12.05.2016