27. October 2021 | Ad Hoc
Munich, Germany, 27 October 2021 – Based on preliminary figures for the first nine months and the third quarter of 2021, the Executive Board of CANCOM SE has decided to raise the forecast for the financial year 2021. The Executive Board now expects very significant growth in Group revenue, Group gross profit and Group EBITDA […]
14. October 2021 | Corporate News
– 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 […]
11. October 2021 | Ad Hoc
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 […]
12. August 2021 | Corporate News
– 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 […]
4. August 2021 | Corporate News
– 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 […]
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 […]