Press

25.07.2019
CANCOM: Preliminary figures show revenue growth of 40 percent in the second quarter of 2019, well above expectations

Munich, Germany, 25 July 2019 - According to preliminary figures for the second quarter of 2019, the CANCOM Group generated consolidated revenue of EUR 421.8 million, a very high increase of 40.3 percent compared with the second quarter of the prior year (prior year: EUR 300.6 million). Organic sales growth alone amounted to 31.8 percent in the second quarter.

CANCOM Group's preliminary earnings before interest, taxes, depreciation and amortization also show a more than significant improvement over the comparable prior-year period, both on an adjusted and unadjusted basis:
EBITDA (adjusted) rose in the second quarter of 2019 to EUR 31.3 million, an increase of 23.7 percent (prior year: EUR 25.3 million). The organic growth rate of EBITDA (adjusted) was 13.4 percent. The EBITDA margin (adjusted) was 7.4 percent (previous year: 8.4 percent).
EBITDA in the second quarter of 2019 was EUR 28.5 million, 29.0 percent up on the prior year (prior year: EUR 22.1 million).

With a view to the first half of the current financial year, the preliminary figures for the CANCOM Group show consolidated sales of EUR 791.8 million and thus also very high sales growth of 30.1 percent compared with the first half of the prior year (prior year: EUR 608.5 million). Organic sales growth in the first half of 2019 amounted to 22.1 percent.

The CANCOM Group's EBITDA (adjusted) for the first half of 2019 was EUR 59.1 million, 21.4 percent above the comparable figure (prior year: EUR 48.7 million). Purely organic, EBITDA (adjusted) grew by 11.1 percent. The EBITDA margin (adjusted) was 7.5 percent (prior year: 8.0 percent).
EBITDA for the first half of 2019 amounted to EUR 53.7 million, representing growth of 21.2 percent (prior year: EUR 44.3 million).

CANCOM Group's complete half-year financial report 2019 will be published on 14 August 2019.

Notifying company:
CANCOM SE, Erika-Mann-Straße 69, 80636 Munich, Germany
ISIN DE0005419105, Frankfurt Stock Exchange (TecDAX, SDAX, Prime Standard)

Contact/Notifying person:
Sebastian Bucher, Manager Investor Relations
+49 (0)89 540545193
sebastian.bucher@cancom.de

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Sebastian Bucher
Manager Investor Relations