Brief: Cancom Q2 Group EBITDA At EUR 24.7 Mln

Cancom SE

11/08/2022 07:13

Aug 11 (Reuters) - CANCOM SE  COKG.DE :
    * H1 GROUP EBITDA WAS EUR 51.1 MILLION (PRIOR YEAR*: EUR
52.9
MILLION)
    * GROUP REVENUE IN THE SECOND QUARTER AT THE PRIOR YEAR'S
LEVEL.
NOTICEABLE IMPROVEMENTS VISIBLE SINCE JUNE.
    * Q2 REVENUE 298.8 MILLION EUR
    * GROUP REVENUE IN Q2 2022 AT EUR 298.8 MILLION (PRIOR
YEAR*: EUR
303.6 MILLION)
    * GROUP EBITDA FOR Q2 2022 WAS EUR 24.7 MILLION (PRIOR
YEAR*: EUR
27.0 MILLION)
    * CLOUD SOLUTIONS SEGMENT CONTINUES TO GROW DYNAMICALLY AND
ARR
INCREASES TO EUR 203.9 MILLIO
    * FOR FIRST HALF OF 2022, CANCOM GROUP'S REVENUE WAS EUR
595.5
MILLION (PRIOR YEAR*: EUR 635.1 MILLION) AND GROUP EBITDA WAS
EUR 51.1 MILLION (PRIOR YEAR*: EUR 52.9 MILLION)
    * FOR FIRST HALF OF 2022, CANCOM GROUP'S REVENUE WAS EUR
595.5
MILLION (PRIOR YEAR*: EUR 635.1 MILLION) AND GROUP EBITDA WAS
EUR 51.1 MILLION (PRIOR YEAR*: EUR 52.9 MILLION)
    * POSITIVE OUTLOOK: CATCH-UP EFFECTS EXPECTED IN SECOND HALF
OF
YEAR
    * EXPECTS GROUP REVENUE AND GROSS PROFIT TO INCREASE
SIGNIFICANTLY
IN FINANCIAL YEAR 2022, AS WELL AS GROUP EBITDA AND GROUP EBITA
TO INCREASE SIGNIFICANTLY

Further company coverage:  COKG.DE 

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