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Munich, Germany, 5 May 2014 - The CANCOM Group achieved an increase in
sales and profits compared to the previous year, according to preliminary
figures for the first quarter of 2014.
Sales revenues for the Group were up 37.2 percent from EUR 135.1 million in
q1/2013 to EUR 185.4 million in the first three months of current financial
year. Organic growth was 13.1 percent.
Preliminary Group EBITDA adjusted for one-off effects is EUR 10.6 million
for the first quarter of 2014 and 51.4 percent above previous year's level
(EUR 7.0 million). Accordingly, adjusted EBITDA margin improved from 5.2
percent in q1/2013 to now 5.7 percent. The one-off effects of EUR 0.5
million are external expenses in connection with the latest acquisitions,
not to be capitalized pursuant to IFRS and not incurred related to the
Preliminary Group EBITA (earnings before interest, taxes and amortization
on intangible assets) adjusted for one-off effects is EUR 7.6, which
corresponds to a plus of 49.0 percent compared to previous year's Group
EBITA of EUR 5.1 million.
CANCOM SE will publish the final figures for the first quarter in the
3-months-report 2014 on 13 May 2014.