Eröffnung: | - |
Veränderung: | - |
Volumen: | - |
Tief: | - |
Hoch: | - |
Hoch - Tief: | - |
Typ: | Aktien |
Ticker: | COK |
ISIN: | DE0005419105 |
DGAP-News: CANCOM: Double-digit growth rates and increased profitability 2018, confident outlook for 2019
- 34
DGAP-News: CANCOM SE / Key word(s): Annual Results 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.
"18.7 percent sales growth is an outstanding figure, of which we achieved 12.1 percent organically. Our growth rate is therefore well above the general market trend and this shows our strong competitive position. The fact that we can further increase operating profitability despite this high growth strengthens our conviction that we are pursuing the right strategy with CANCOM," said Thomas Volk, CEO of CANCOM SE. The figures for the fourth quarter of 2018 were EUR 415.2 million for Group sales (previous year: EUR 352.3 million) and EUR 36.6 million for EBITDA (adjusted) (comparable previous year: EUR 32.4 million). Segment results show major progress in transformation Overall, the Cloud Solutions segment contributed to the 2018 annual result with revenue growth of 33.0 percent to EUR 242.5 million (previous year: EUR 182.3 million). EBITDA (adjusted) in the Cloud Solutions segment amounted to EUR 64.1 million, which corresponds to an improvement of 40.6 percent (comparable previous year: EUR 45.6 million). The EBITDA margin (adjusted) was thus 26.4 percent (comparable prior year: 25.0 percent). The IT Solutions segment achieved an increase in sales of 16.1 percent to 1,136.4 million euros (previous year: 978.8 million euros). At EUR 62.0 million, EBITDA (adjusted) was 10.1 percent up on the previous year (56.3 percent). The EBITDA margin (adjusted) was 5.5 percent (comparable prior year: 5.8 percent). Sustained improvement in operating cash flow and working capital Against the backdrop of the successful business development, the Executive Board and Supervisory Board of CANCOM SE have decided to propose to the General Meeting that a dividend of EUR 0.50 per share be paid for the 2018 financial year. The dividend is thus at the same level as in the previous year before the share split, when EUR 1.00 per share was paid. Confident outlook for 2019 The complete Annual Report 2018 of the CANCOM Group is published in the Investors section of the Company's website www.cancom.de
About CANCOM Contact: Sebastian Bucher Manager Investor Relations Phone: +49 89 54054 5193 Email: [email protected]
28.03.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | CANCOM SE |
Erika-Mann-Straße 69 | |
80636 Munich | |
Germany | |
Phone: | +49-(0)89/54054-0 |
Fax: | +49-(0)89/54054-5119 |
E-mail: | [email protected] |
Internet: | http://www.cancom.de |
ISIN: | DE0005419105, DE0005419105 |
WKN: | 541910, 541910 |
Indices: | SDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 792837 |
End of News | DGAP News Service |
|
792837 28.03.2019
Die EQS Group ist ein führender internationaler Technologieanbieter für Digital Investor Relations, Corporate Communications und Compliance. Mehr als 8.000 Unternehmen weltweit sind dank der Anwendungen und Services in der Lage, komplexe nationale und internationale Informationsanforderungen, Meldepflichten und Richtlinien sicher, effizient und gleichzeitig zu erfüllen und Stakeholder weltweit zu erreichen.