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Ad hoc + Corporate News

21. November 2019 | Corporate News

CANCOM: Awards and market comparisons underscore CANCOM's position as a top provider in the European cloud services market

Awards and market comparisons underscore CANCOM’s position as a top provider in the European cloud services market- IT analysis company Canalys awards CANCOM the highest EMEA Candefero Channel Partner of the Year award- Studies on ISG’s German IT market place CANCOM at the top of strategically important cloud-based service offerings- Cisco presents “Meraki Partner of […]

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15. November 2019 | Corporate News

CANCOM Software Group acquires first partner for AHP IT management platform

– The CANCOM Software Group successfully enters the next phase of its AHP product strategy- ExactlyIT becomes partner for sales, deployment, and operation of AHP in the North American market- AHP is the orchestration platform for modern digital workspace environmentsMunich, Germany, 15 November 2019 – As previously announced for the second half of 2019, the […]

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14. November 2019 | Corporate News

CANCOM: Strong profitability improvement raises EBITDA margin (adjusted) to record level of 9.1 percent in third quarter

– In the third quarter of 2019, Group revenue rose to EUR 383.7 million and EBITDA (adjusted) to EUR 34.8 million.- In the nine-month period, CANCOM thus achieved growth rates of 22.0 percent in revenues and 19.9 percent in EBITDA (adjusted).- Annual Recurring Revenue continues growth trend and reaches EUR 156.6 million.Munich, Germany, 14 November […]

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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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