Brief: Cancom's Executive Board Confirms FY Forecast

Cancom SE

14/05/2024 07:12

May 14 (Reuters) - CANCOM SE  COKG.DE :
    * EXECUTIVE BOARD CONFIRMS FORECAST FOR FINANCIAL YEAR
    * GROUP REVENUE RISES SIGNIFICANTLY BY 38.7 PERCENT TO EUR
440.6
MILLION
    * OPERATING CASH FLOW AROUND EUR 100 MILLION HIGHER THAN IN
SAME
QUARTER OF PREVIOUS YEAR AND THUS AT A HISTORIC RECORD HIGH OF
EUR +56.3 MILLION IN Q1
    * Q1 GROSS PROFIT INCREASED DISPROPORTIONATELY, RISING BY
46.2% TO
EUR 171.0 MILLION (PREVIOUS YEAR: EUR 117.0 MILLION)
    * Q124 EBITDA WAS ALSO UP SIGNIFICANTLY AT EUR 30.4 MILLION
(PREVIOUS YEAR: EUR 24.1 MILLION)
    * EBITA AT EUR 16.9 MILLION (PREVIOUS YEAR: EUR 13.5
MILLION)
    * Q124 EBITA AT EUR 16.9 MILLION (PREVIOUS YEAR: EUR 13.5
MILLION)

Source text for Eikon:  ID:nEQ6Y3fQZa 
Further company coverage:  COKG.DE 

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