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Ad hoc + Corporate News

28. April 2020 | Corporate News

CANCOM: Very high growth rates in the cloud segment and recurring revenues in the financial year 2019; moderate growth of Group expected for 2020.

– Group revenue increases by 17.6 percent to EUR 1,549.3 million and EBITDA (adjusted) by 14.7 percent to EUR 130.5 million in the 2019 financial year.- Cloud Solutions segment achieves revenue growth of 27.6 percent, of which 20.0 percent is organic. Revenue growth of 15.4 percent in the IT Solutions segment, 10.5 percent of which […]

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24. March 2020 | Corporate News

CANCOM: Publication of Annual Report 2019 and forecast for 2020 postponed to 28 April 2020. Changed IFRS revenue recognition leads to lower consolidated revenue but higher EBITDA margin (adjusted).

– Corona virus measures and simultaneous increased time requirements due to the first-time audit of the annual financial statements by new auditors KPMG lead to a postponement of the publication date.- Due to changed application of IFRS standard for revenue recognition (principal-versus-agent classification) final financial results for 2019 will show changes compared to preliminary figures.Munich, […]

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6. February 2020 | Corporate News

CANCOM: Preliminary results for 2019 confirm raised annual forecast

– CANCOM Group closes fiscal year 2019 with preliminary consolidated revenue of EUR 1.64 billion. This corresponds to a revenue growth of 18.9 percent.- EBITDA (adjusted) rises to EUR 134.0 million and thus by 16.7 percent. EBITDA margin (adjusted) amounts to 8.2 percent.Munich, Germany, 6 February 2020 – According to preliminary figures, the CANCOM Group […]

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8. January 2020 | Ad Hoc

CANCOM: CEO leaves CANCOM prematurely as of 31 January 2020

Munich, 8 January 2020 – Mr. Thomas Volk has today reached an agreement with the Supervisory Board to leave the CANCOM Group prematurely as of 31 January 2020 due to differing opinions on the future strategic development of the company. The Supervisory Board thanks Mr. Volk for his work and his services to the company […]

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10. December 2019 | Corporate News

CANCOM: Dutch ICT service provider Detron to become CANCOM Software Group's new AHP partner

CANCOM: Dutch ICT service provider Detron to become CANCOM Software Group’s new AHP partner – Detron will be a reselling, implementation and operation partner for the IT orchestration platform AHP- The successful managed service provider will drive sales of AHP in the Dutch market and provide auxiliary services- With Detron another AHP partnership is established, […]

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3. December 2019 | Ad Hoc

CANCOM: CANCOM SE capital increase fully placed at EUR 49.70 per new share

Not for distribution in the United States of America, Canada, Japan and Australia.Munich, Germany, 3 December 2019 – CANCOM SE announces that the capital increase of approximately 10 percent of the share capital announced today has been fully placed. The Executive Board had decided to increase CANCOM SE’s share capital by up to EUR 3,504,363.00 […]

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3. December 2019 | Ad Hoc

CANCOM: CANCOM SE resolves capital increase from authorized capital amounting to approx. 10 per cent

Not for distribution in the United States of America, Canada, Japan and Australia.Munich, Germany, 3 December 2019 – The Executive Board of CANCOM SE today decided, with approval of the Supervisory Board, to carry out a capital increase. The share capital of CANCOM SE is to be increased by up to EUR 3,504,363.00 by making […]

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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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