14.05.2018 CANCOM SE  DE0005419105

DGAP-News: CANCOM for the first time generates more EBITDA from Cloud than from IT segment

DGAP-News: CANCOM SE / Key word(s): Quarter Results/Quarterly / Interim
CANCOM for the first time generates more EBITDA from Cloud than from IT

14.05.2018 / 11:46
The issuer is solely responsible for the content of this announcement.


CANCOM for the first time generates more EBITDA from Cloud than from IT

- Q1 2018 brings a plus of 19.7 percent in consolidated group revenue

- Consolidated group EBITDA grew by 20.9 percent. The EBITDA growth even
reached 26.8 percent after being adjusted for extraordinary growth

- Acquisition of British company Ocean to strengthen international
activities in the business field Managed Services

Munich, Germany - In the first quarter 2018, CANCOM Group has achieved
dynamic growth rates in key financial indicators. A positive development in
the business field Managed Services and in the business with the
self-developed IT management platform AHP paved the way for this positive
development. The start of the year was completed by the successful
acquisition of around 82 percent of the shares of British company Ocean
Intelligent Communications. By this, CANCOM pushes forward its strategic
advancement of the business field Managed Services and its international

"In the first quarter we again profited from the continuing demand for
state-of-the-art IT systems and IT management solutions. Step by step we
give CANCOM Group an even more sustainable and more international set-up to
go further along this path," said Klaus Weinmann, CEO of CANCOM SE.

Consolidated group revenue grew by 19.7 percent to EUR 307.9 million
(previous year: EUR 257.3 million). The consolidated group EBITDA could be
raised by 20.9 percent to EUR 20.2 million (previous year: EUR 16.8
million). With EUR 21.3 million, the adjusted EBITDA of CANCOM Group even
showed a growth rate of 26.8 percent, whereby extraordinary investments for
internationalisation and the strategic expansion of the cloud and managed
services business were recognised. EBITDA margin increased by 0.1 percentage
points to 6.6 percent (previous year: 6.5 percent). The EBITA in the first
three months of the financial year was EUR 16.4 million, representing an
improvement by 24.7 percent (previous year: EUR 13.1 million).

Segment Cloud Solutions generates higher EBITDA than IT Solutions segment

In the first quarter 2018, the revenue in the group segment Cloud Solutions
was improved by CANCOM by 39.7 percent to EUR 52.3 million (previous year:
EUR 37.5 million). The EBITDA for the segment rose to EUR 12.1 million or by
44.6 percent respectively (previous year: EUR 8.3 million). Thus, for the
first time ever, it was higher than the EBITDA in the IT Solutions segment.
EBITDA margin was 23.0 percent (previous year: 21.8 percent).

With EUR 255.5 million CANCOM was able to raise revenues in the second group
segment IT Solutions in the first quarter compared to previous year's period
by 16.3 percent (previous year: EUR 219.8 million). The segment's EBITDA was
by 8.4 percent above previous year's figure with EUR 11.5 million (previous
year: EUR 10.6 million). This corresponded to an EBITDA margin for the
segment of 4.5 percent (previous year: 4.8 percent).

With results of the first quarter in mind, the Executive Board of CANCOM SE
sees CANCOM Group progressing well towards reaching the forecast for 2018.

The full interim statement of CANCOM Group as at March 31, 2018 has been
published on the website www.cancom.de in the section investors.

As Digital Transformation Partner, CANCOM guides businesses into the digital
future. The CANCOM Group's business-oriented IT solution range encompasses
consulting, implementation and services. Clients benefit from an extensive
expertise and an innovative portfolio that covers business IT requirements
for a successful digital transformation with smart business solutions and
services in IT trends such as cloud computing, analytics, enterprise
mobility or security. The CANCOM Group operates internationally and its more
than 2,900 employees worldwide together with its powerful partner network
ensure market presence and proximity to clients in, amongst others, Germany,
Austria, Switzerland, Belgium, the United Kingdom and the United States.
CANCOM Group is headed by Klaus Weinmann (Founder and CEO), Rudolf Hotter
(COO), Thomas Volk (President and General Manager) and Thomas Stark (CFO).
The company's headquarter is in Munich, Germany. CANCOM SE is listed on the
Frankfurt Stock Exchange in the index TecDAX (ISIN DE0005419105) and the
group achieves an annual turnover of more than one billion euros.

Sebastian Bucher
Manager Investor Relations

Phone: +49 (0) 89 / 54054 5193
Email: sebastian.bucher@cancom.de


14.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 Munich
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105, DE0005419105
WKN: 541910, 541910
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange

End of News DGAP News Service

685295 14.05.2018

WKN Kurs in € Einschätzung Börsenwert in Mio. €
541910 92,700 Halten 1.624,27
28,52 19,39 4,71 13,00
Dividende '17e in € Dividende '18e in € Div.-Rendite '17
in %
1,00 1,10 1,08 14.06.2018
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.05.2018 13.08.2018 12.11.2018 28.03.2018
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,04% 27,60% 33,57% 82,41%

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