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Munich, Germany, 30 July 2014 - With publishing provisional figures for q2
and the first half of 2014 CANCOM SE continues to show strong growth in
revenues and profits year-on-year.
In detail, the group's consolidated sales revenues for q2 were up to EUR
189.3 million according to the provisional figures and compared to EUR
140.0 million in 2013. This is equivalent to an increase of 35.2 percent.
Preliminary Group EBITDA adjusted for one-off effects for the second
quarter was EUR 11.4 million, 46.2 percent higher than the figure of EUR
7.8 million in q2/2013. Respectively the adjusted EBITDA margin is 6.0
percent as compared with 5.6 percent in 2013 and shows the group's
increased profitability. The one-off effects of EUR 0.1 million are
external expenses in connection with the acquisitions, not to be
capitalized pursuant to IFRS and not incurred related to the operational
business. Preliminary Group EBITA (earnings before interest, taxes and
amortization on intangible assets) adjusted for one-off effects is EUR 8.2
for q2, compared with EUR 5.8 million in 2013, a plus of 41.4 percent.
For the first six months of the current financial year, the group's
consolidated sales revenues grew 36.2 percent up to EUR 374.7 million
according to the provisional figures compared to EUR 275.1 million in the
previous year. Preliminary Group EBITDA adjusted for one-off effects
amounting to EUR 0.6 million in the first half of 2014 was EUR 22.0 million
and 48.6 percent higher than the figure of EUR 14.8 million recorded in the
first half of 2013. The adjusted EBITDA margin was up from 5.4 percent in
2013 to 5.9 percent. Preliminary Group EBITA for the first half of 2014
amounts to EUR 15.8 million compared to EUR 10.9 million in 2013 - an
increase of 45.0 percent.
The full report for the second quarter will be published on 7 August 2014.