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Munich, Germany, 26 October 2011 - The preliminary results as at 30
September 2011 for CANCOM AG for the first nine months of 2011 show a
further year-on-year leap in sales revenues and profits. In a quarterly
comparison, the company's earnings before interest and taxes (EBITDA) for
q3 were thus the strongest in the course of the year.
CANCOM's Executive Board attributes the positive trading results to the
persistently strong demand and the IT growth trend cloud computing.
According to the preliminary figures, the group's consolidated sales
revenues were up 18.4 percent year-on-year to EUR 387.0 million, compared
with EUR 326.8 million in the first nine months of 2011. The preliminary
figures for the third quarter are up 10.7 percent year-on-year, from EUR
122.4 million to EUR 135.5 million. Organic growth in the third quarter was
Consolidated EBITDA for the first nine months of the current financial year
was according to the preliminary figures EUR 17.4 million, about 62.6
percent higher than the figure of EUR 10.7 million recorded in the first
nine months of 2010. This is equivalent to a significantly increased EBITDA
margin of 4.5 percent as compared with 3.3 percent in 2010. Consolidated
EBITDA for q3/2011 was up 35.4 percent year-on-year, from EUR 4.8 million
to EUR 6.5 million. This is equivalent to an EBITDA margin of 4.8 percent
in q3/2011 compared with 3.9 percent in q3/2010.
Consolidated EBIT for the first nine months of 2011 according to the
preliminary figures amounts to EUR 12.5 million, compared with EUR 7.9
million in 2010 (+58.2 percent). The consolidated EBIT figure for q3/2011
according to the preliminary figures is EUR 4.9 million compared with EUR
3.9 million in the third quarter of 2010 (+25.6 percent).
The preliminary earnings per share for the first nine months of 2011 rose
from EUR 0.47 in 2010 to EUR 0.73. This is equivalent to an increase of
The detailed interim report for the first nine months of 2011 will be
published on 10 November 2011 and will be available from that date at