CANCOM SE: CANCOM confirms preliminary figures and forecast 2025

EQS-News: CANCOM SE / Key word(s): Quarterly / Interim Statement CANCOM SE: CANCOM confirms preliminary figures and forecast 2025 13.05.2025 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. CANCOM SE: CANCOM confirms preliminary figures and forecast 2025

• Group revenue reached € 410.5 million in Q1 2025 (Q1 2024: € 440.6 million)
• Stable gross profit of € 169.2 million (Q1 2024: € 171.0 million)
• Operating cash flow of € 3.1 million shows normal seasonal pattern
• Executive Board confirms preliminary figures and forecast for the financial year

 

Munich, Germany, 13 May 2025 - The Executive Board of CANCOM SE confirms the preliminary results for the first quarter of 2025. In a quarter characterised by tense general conditions and uncertainty, the CANCOM Group achieved revenue at Group level of € 410.5 million (previous year: € 440.6 million). Gross profit in the quarter under review totalled € 169.2 million (previous year: € 171.0 million), EBITDA reached € 21.1 million (previous year: € 30.4 million) and EBITA amounted to € 7.8 million (previous year: € 16.9 million). The "International" business segment, in which the contribution of the CANCOM Austria Group is recognised, developed positively.

"As expected, there was no market recovery in our core markets in the first quarter, particularly in Germany, which led to a result that was influenced by the current economic conditions. In view of this foreseeable development, the Executive Board confirms its forecast for the current financial year," commented Rüdiger Rath, CEO of CANCOM SE, on the first quarter.

Operating cash flow shows usual seasonality

With a value of € 3.1 million, cash flow from operating activities showed the usual historical seasonality (previous year: € 56.3 million). The previous year was characterised by an exceptionally strong development in working capital. Reduced investments and cash outflows as part of M&A activities resulted in a solid cash position of € 135 million at the end of the first quarter of the reporting year (31 December 2024: € 145 million).