28. July 2021 | Corporate News
– Transaction values CANCOM Ltd. at an Enterprise Value of close to EUR 400 million, corresponding to a transaction multiple of 15.8x.- Transaction will lead to a book gain of EUR 225 million to be recognized in the third quarter in CANCOM Group’s net profit for 2021.- Proceeds to be reinvested predominantly in acquisitions with […]
28. July 2021 | Ad Hoc
Munich, Germany, 28 July 2021 – The Executive Board of CANCOM SE today signed a definitive agreement regarding the sale of the subsidiary CANCOM Ltd. to Telefónica TECH. The transaction follows a strategic review announced on 25 May 2021. As a result, CANCOM is divesting its entire business activities in the United Kingdom and Ireland. […]
7. July 2021 | Corporate News
– 1 October 2021 Rüdiger Rath takes over the position of COO on the Executive Board of CANCOM SE.- Rath was previously Head of Europe at Logicalis.Munich, Germany, 7 July 2021 – The Supervisory Board of CANCOM SE has appointed Rüdiger Rath as a member of the Executive Board effective 1 October 2021. Rath will […]
30. June 2021 | Corporate News
Annual General Meeting of CANCOM SE approves all proposed resolutions – Dividend proposal of EUR 0.75 per share approved – New remuneration system for the Executive Board approved Munich, 30 June 2020 – The virtual Annual General Meeting of CANCOM SE on 29 June 2021 approved all the proposed resolutions on the agenda with a large […]
25. May 2021 | Ad Hoc
Munich, Germany, 25 May 2021 – The Executive Board of CANCOM SE is reviewing strategic options with regard to the business activities in the United Kingdom and Ireland. The review also includes the possibility of selling all company shares in CANCOM Ltd. based in London. CANCOM Ltd. is the intermediate holding company in which all […]
12. May 2021 | Corporate News
– CANCOM achieves 7.9 percent revenue growth, 19.2 percent EBITDA growth and 37.0 percent EBIT growth in the first quarter of 2021.- Annual Recurring Revenue (ARR) increases by 18.6 percent compared to the prior year to EUR 224.3 million.- Cash flow from operating activities strongly improved.- Positive annual forecast for financial year 2021 confirmed.Munich, Germany, […]
30. March 2021 | Corporate News
CANCOM: Revenue and EBITDA growth in Corona year 2020. Dividend increase and optimistic forecast for 2021. – Group revenue increases by 6.5 percent to EUR 1,649.4 million in the 2020 fiscal year and EBITDA grows by 3.3 percent to EUR 123.1 million.- Record revenue and EBITDA in the fourth quarter of 2020, with the CANCOM […]
3. March 2021 | Corporate News
– The IT service provider records very positive order development in the public sector segment – The EU project is the next milestone in CANCOM’s ambitious growth plans in the public sector – The maximum total value is around 440 million euros with a maximum term of six years Munich, Germany, 3 March 2021 – Already […]
1. March 2021 | Ad Hoc
Munich, Germany, 1 March 2021 – The Executive Board of CANCOM SE today decided to propose to the company’s Supervisory Board a dividend of EUR 0.75 per share for the financial year 2020 (previous year: EUR 0.50 per share). The decision to increase the dividend proposal compared to the previous year takes into account the […]
4. February 2021 | Corporate News
CANCOM with record results in the fourth quarter – EBITDA up 41.9 percent to EUR 45.4 million (previous year: EUR 32.0 million) – Revenue up 10.6 percent to EUR 467.8 million (previous year: EUR 422.8 million) – EBITDA margin in the fourth quarter rises from 7.6 percent to 9.7 percentMunich, Germany, 4 February 2021 – […]