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DGAP-News: CANCOM: Double-digit growth rates and increased profitability 2018, confident outlook for 2019

DGAP-News: CANCOM SE / Key word(s): Annual Results


CANCOM: Double-digit growth rates and increased profitability 2018, confident outlook for 2019


28.03.2019 / 08:06



The issuer is solely responsible for the content of this announcement.


CANCOM: Double-digit growth rates and increased profitability 2018, confident outlook for 2019

- Group sales grow by 18.7 percent to EUR 1,378.9 million in fiscal year 2018.

- EBITDA (adjusted) improved by 24.0 percent to EUR 114.8 million, EBITDA margin (adjusted) rises to 8.3 percent.

- Strongly increased Annual Recurring Revenue and significantly increased contribution to earnings from the Cloud Solutions segment show progress in strategic transformation.

- CANCOM is planning significant growth in all key performance indicators and very significant growth in Annual Recurring Revenue.
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