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Ad hoc + Corporate News

14. October 2019 | Corporate News

CANCOM: Acquisition of Novosco strengthens managed services business and international presence

– Managed services provider Novosco Group, based in Belfast, United Kingdom, becomes part of the CANCOM Group.- Acquisition strengthens CANCOM’s market presence in the United Kingdom and opens up direct market access in Ireland for the first time.- With the integration of Novosco, CANCOM drives strategic transformation and further improves the Group’s margin profile.Munich, Germany, […]

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14. October 2019 | Ad Hoc

CANCOM acquires managed services provider Novosco Group Limited

Munich, Germany, 14 October 2019 – Representatives of CANCOM Group and Novosco Group Limited today signed a purchase agreement to acquire 100 percent of the shares of Novosco Group Limited. The acquisition of the parent company will make the entire Novosco Group, based in Belfast, United Kingdom, part of the CANCOM Group. The transaction is […]

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14. August 2019 | Corporate News

CANCOM: CANCOM raises forecast following outstandingly positive business development in the second quarter

– Half-year report 2019 confirms already published strong preliminary figures for the second quarter and first half of 2019.- First-half sales growth of 30.1 percent and an increase in EBITDA (adjusted) of 21.4 percent compared with the previous year’s figures.- Annual Recurring Revenue continues to show a high growth rate with an increase of around […]

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25. July 2019 | Ad Hoc

CANCOM: Preliminary figures show revenue growth of 40 percent in the second quarter of 2019, well above expectations

Munich, Germany, 25 July 2019 – According to preliminary figures for the second quarter of 2019, the CANCOM Group generated consolidated revenue of EUR 421.8 million, a very high increase of 40.3 percent compared with the second quarter of the prior year (prior year: EUR 300.6 million). Organic sales growth alone amounted to 31.8 percent […]

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16. July 2019 | Corporate News

CANCOM: Market study ranks CANCOM as second among the best IT security service providers in the German SME sector

– New ISG study on Cyber Security Solutions & Services in Germany published.- In comparison with 14 other companies, CANCOM ranks as runner-up in the category of IT security services for midmarket companies.- Study sees strengths above all in the scope of services, the tailor-made security concepts and the Security Operations Center operated in Germany.Munich, […]

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26. June 2019 | Corporate News

Annual General Meeting of CANCOM SE elects a new Supervisory Board and approves all proposed resolutions. Forecast for 2019 confirmed.

– All Supervisory Board candidates supported by the administration were elected. Dr. Lothar Koniarski will again be Chairman of the Supervisory Board.- Proposed dividend of EUR 0.50 per CANCOM share was accepted and authorization to repurchase own shares granted.- The new auditor for the 2019 financial year is KPMG.Munich, Germany, 26 June 2019 – At […]

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15. May 2019 | Corporate News

CANCOM continues to achieve high growth rates in revenue, earnings and annual recurring revenue in the first quarter of 2019

Group sales up 20.2 percent year-on-year to EUR 370.0 million in the first quarter of 2019. At EUR 27.8 million, EBITDA (adjusted) was 18.8 percent higher than in the prior year. Annual Recurring Revenue reached EUR 139.5 million in March, an increase of 38.0 percent over the prior year.Munich, Germany, 15 May 2019 – The […]

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28. March 2019 | Corporate News

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 […]

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18. March 2019 | Corporate News

CANCOM: MainFirst initiates coverage of CANCOM SE share with price target EUR 44

– Research department of MainFirst Bank AG rates CANCOM with “Outperform”.- Strategic strengthening of cloud-based Managed Services business creates high growth and margin potential.Munich, Germany, 18 March 2019 – MainFirst Bank AG initiated the coverage of CANCOM SE shares with a first research report. Thus the development of CANCOM is now analyzed on a regular […]

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28. January 2019 | Corporate News

CANCOM maintains high growth speed in financial year 2018 with double-digit growth rates in revenue and EBITDA

– Preliminary consolidated revenue for 2018 at around EUR 1.37 billion, up around 18.1 percent year-on-year.- Preliminary adjusted EBITDA also improved more than significantly to around EUR 114.1 million with an increase of around 23.2 percent. Adjusted EBITDA margin rises to 8.3 percent.Munich, 28 January 2019 – According to preliminary figures, the CANCOM Group generated […]

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