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Munich, Germany, 22 October 2012 - Integrated IT service provider CANCOM AG
today announces its preliminary results for the nine months ended 30
September 2012, which show further year-on-year increases in sales revenues
The preliminary figures indicate that the CANCOM Group's consolidated sales
revenues were up 5.1 percent in the first nine months to EUR 406.8 million,
compared with EUR 387.0 million in 2011. The preliminary consolidated sales
revenues for the third quarter of the year were up 2.4 percent, from EUR
135.5 million to EUR 138.8 million.
Consolidated earnings before interest, tax, depreciation and amortisation
(EBITDA) for the first nine months of 2012 were EUR 20.1 million, as
against EUR 17.3 million 2011, representing an increase of 16.2 percent.
The EBITDA margin was 4.9 percent, compared with 4.5 percent in 2011.
According to the preliminary figures, consolidated EBITDA was up by 6.3
percent in the third quarter of 2012, from EUR 6.4 million to EUR 6.8
Consolidated earnings before interest and tax (EBIT) in the first nine
months of 2012 amounted to EUR 15.2 million, compared with EUR 12.4 million
in 2011 - an increase of 22.6 percent. The CANCOM Group's preliminary
figures for the third quarter of 2012 show consolidated EBIT was up 4.2
percent, at EUR 5.0 million compared with EUR 4.8 million in the third
quarter of 2011.
The fourth quarter has got off to a satisfactory start. Accordingly, the
Executive Board currently expects the full year 2012 to reach revenues and
profits on a new record level.
The detailed nine-month report will be published on 8 November 2012.