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Ad hoc + Corporate News

14. October 2021 | Corporate News

CANCOM: New sustainability strategy sets climate neutrality target for 2027

– New sustainability strategy sets targets for social and environmental sustainability. – CANCOM aims to become climate-neutral by 2027 at the latest. – New website for sustainability topics offers information and documents for stakeholders and interested parties at sustainability.cancom.com.Munich, Germany, 14 October 2021 – The Executive Board of CANCOM SE has adopted a new sustainability […]

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11. October 2021 | Ad Hoc

CANCOM SE: CANCOM decides to buy back shares

Munich, Germany, 11 October 2021 – The Executive Board of CANCOM SE today resolved, with the consent of the Supervisory Board, to make use of the authorisation granted at the Annual General Meeting on 26 June 2019 to acquire treasury shares in accordance with section 71 (1) no. 8 of the German Stock Corporation Act […]

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12. August 2021 | Corporate News

CANCOM: Outstanding growth rates in the second quarter and first half of 2021

– CANCOM Group increases revenue by 18.6 percent in the second quarter of 2021 and by 12.8 percent in the first half of 2021.- EBITDA up by 60.6 percent year-on-year in the second quarter and EBIT by 228.8 percent. This leads to growth rates of 37.2 percent for EBITDA and 96.4 percent for EBIT for […]

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4. August 2021 | Corporate News

CANCOM successfully completes sale of CANCOM Ltd. to Telefónica TECH

– Book gain from sale in the amount of EUR 225 million- Transaction strengthens position for growth in the DACH regionMunich, Germany, 4 August 2021 – CANCOM SE has successfully completed the sale of its subsidiary CANCOM Ltd. to Telefónica TECH for an enterprise value of almost EUR 400 million. The closing of the transaction […]

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28. July 2021 | Corporate News

CANCOM: EUR 225 million book gain from divestment of business activities in the UK and Ireland

– 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 […]

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28. July 2021 | Ad Hoc

CANCOM SE: CANCOM divests business activities in the UK and Ireland and achieves book gain of around EUR 225 million

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. […]

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7. July 2021 | Corporate News

CANCOM: Rüdiger Rath appointed member of the Executive Board and COO

– 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 […]

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30. June 2021 | Corporate News

CANCOM SE: Annual General Meeting of CANCOM SE approves all proposed resolutions

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 […]

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25. May 2021 | Ad Hoc

CANCOM: CANCOM SE reviews strategic options for business activities in the United Kingdom and Ireland

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 […]

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12. May 2021 | Corporate News

CANCOM: First quarter lays good foundation for meeting full-year forecast

– 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, […]

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