Keep updated with the CANCOM RSS-Feed and do not miss any important news.
Munich, Germany, 04 February 2015 - The CANCOM Group shows continuing
growth in revenues and profits, according to preliminary figures for the
financial year 2014.
Preliminary Group revenues of EUR 828.9 million (2013: 613.8 million) for
the full year 2014 reflect the Group's growth of 35.0 percent year-on-year.
Organic growth amounts to 6.9 percent due to the constantly positive
performance of both reporting segments (cloud solutions and IT solutions).
Preliminary Group EBITDA adjusted for one-off effects grew 63.2 percent
from EUR 33.4 million up to EUR 54.5 million in 2014. This corresponds to
an adjusted EBITDA margin of 6.6 percent compared to 5.4 percent in 2013.
The one-off effects of EUR 2.9 million in 2014 are composed of external
expenses in connection with acquisitions, not to be capitalized pursuant to
IFRS, as well as one-time restructuring costs for subsidiaries, which
should improve Group profits in the future.
Preliminary Group EBITA (earnings before interest, tax and amortization on
intangible assets) adjusted for the above-mentioned one-off effects is EUR
42.9 million. This is equivalent to an increase of 67.6 percent compared to
the previous year's Group EBITA of EUR 25.6 million.
For q4, CANCOM achieved preliminary Group revenues of EUR 245.8 million
after EUR 196.3 million in the same period of the previous year, a plus of
Preliminary Group EBITDA adjusted for one-off effects in q4 is EUR 16.9
million compared to EUR 10.6 million in q4/2013 and thus improved by 59.4
percent. Adjusted EBITDA margin for q4/2014 is 6.9 percent compared to 5.4
percent in q4/2013.
Preliminary Group EBITA adjusted for one-off effects for the fourth quarter
of 2014 rose 70.9 percent from EUR 8.6 million in q4/2013 up to EUR 14.7