24.03.2016
CANCOM SE DE0005419105
DGAP-News: CANCOM SE: strong business development in the year 2015
DGAP-News: CANCOM SE / Key word(s): Final Results
CANCOM SE: strong business development in the year 2015
24.03.2016 / 10:25
The issuer is solely responsible for the content of this announcement.
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CANCOM SE: strong business development in the year 2015
Double-digit growth rates for sales revenues and profits
Munich, Germany, 24 March 2016 - CANCOM group has published the annual
report for the financial year 2015 today. Group revenues of the TecDAX
listed IT company increased by 12.5 percent compared to the previous year
up to Euro 932.8 million (2014: Euro 828.9 million). "The positive
development was supported by our customers' solid demand for innovative and
comprehensive IT solutions", comments CANCOM CEO Klaus Weinmann. Gross
profit of the group improved up to Euro 274.2 million (2014: Euro 257.7
million) and group EBITDA showed significant double-digit growth up to Euro
63.1 million (2014: Euro 51.6 million; a plus of 22.3 percent). Increased
profitability of the group is expressed in an EBITDA margin of 6.8 percent
compared to 6.2 percent in the previous year. "Due to the growing
importance and complexity of IT in the context of digital transformation
and cloud computing, the services requested become increasingly
sophisticated. The clear focus on higher-valued traditional IT solutions
business and managed services in the strong growing market cloud computing
is a major driver of our earnings performance", says Klaus Weinmann.
With a group EBIT of Euro 41.1 million in 2015 (2014: Euro 28.8 million; a
plus of 42.7 percent) and earnings per share from continuing operations of
Euro 1.99 (2014: Euro 1.27; a plus of 56.7 percent), CANCOM group hit new
records.
Total equity rose to Euro 204.3 million during the course of the year
(2014: Euro 193.8 million). The strong equity ratio of 46.8 percent as well
as the solid earnings, assets and financial position constitute the base
for the group's further growth.
About CANCOM
As a Cloud Transformation Partner, systems integrator and managed services
provider, the CANCOM Group delivers a forward-looking, business-oriented
range of solutions, providing significant added value for companies'
business success. Its own cloud solution for enterprises makes CANCOM the
first mover in the emerging cloud computing market and allows it to
introduce its customers to the New Way of Computing with analysis,
consulting, implementation and services, making it an IT- and
business-transformation partner for its clients. The internationally active
group of companies with its approximately 2,700 employees and a powerful
partner network ensure presence and proximity to clients for example in
Germany, Austria, Switzerland and the United States, among other locations.
CANCOM SE, which is listed on the TecDAX and based in Munich, is headed by
Klaus Weinmann (founder and CEO) and Rudolf Hotter (COO).
Contact:
Beate Rosenfeld
Manager Corporate Communication & IR
CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49 (0) 89 / 54054 5193
mail to: [email protected]
www.cancom.de
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24.03.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: [email protected]
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX
End of News DGAP News Service
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448599 24.03.2016
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