Brief: Cancom Q3 EBITDA Down At EUR 28.9 Mln

Cancom SE

31/10/2022 14:42

Oct 31 (Reuters) - CANCOM SE  COKG.DE :
    * 11 PERCENT REVENUE GROWTH IN Q3 2022 BUT ALSO HIGHER
EXPENSES.
NEW REVISED ANNUAL FORECAST WITH TARGET CORRIDORS PUBLISHED.
    * Q3 EBITDA 28.9 MILLION EUR VERSUS 32.6 MILLION EUR YEAR
AGO
    * Q3 GROSS PROFIT 109.0 MILLION EUR VERSUS 102.9 MILLION EUR
YEAR
AGO
    * Q3 GROUP EBITA TO EUR 15.1 MILLION (PRIOR YEAR: EUR 22.7
MILLION)
    * 9-MONTH GROUP GROSS PROFIT GREW MODERATELY TO EUR 321.0
MILLION
(PRIOR YEAR: EUR 310.2 MILLION)
    * 9-MONTH GROUP REVENUE WAS ROUGHLY ON A PAR WITH PRIOR YEAR
(PRIOR YEAR: EUR 932.8 MILLION)
    * 9-MONTH GROUP EBITA AT EUR 46.0 MILLION (PRIOR YEAR: EUR
58.2
MILLION)
    * AT EUR 80.0 MILLION, 9-MONTH  GROUP EBITDA IS CURRENTLY
BELOW
COMPARABLE VALUE (PRIOR YEAR: EUR 85.5 MILLION)
    * SEES GROUP REVENUE 2022: EUR 1,280 TO 1,330 MILLION
(PRIORLY:
"SIGNIFICANT GROWTH" COMPARED TO PRIOR YEAR'S VALUE OF EUR
1,286.0 MILLION*)
    * SEES GROUP GROSS PROFIT 2022: EUR 435 TO 445 MILLION
(PRIORLY:
"SIGNIFICANT GROWTH" COMPARED TO PRIOR YEAR'S VALUE OF EUR 425.6
MILLION*)
    * SEES GROUP EBITDA 2022: EUR 116 TO 123 MILLION (PRIORLY:
"SIGNIFICANT GROWTH" COMPARED TO PRIOR YEAR'S FIGURE OF EUR
122.6 MILLION*)
    * SEES GROUP EBITA 2022: EUR 70 TO 76 MILLION (PRIORLY:
"SIGNIFICANT GROWTH" COMPARED TO PRIOR YEAR'S FIGURE OF EUR 85.2
MILLION*)
    * TARGET CORRIDORS FOR SEGMENTS WILL BE ANNOUNCED TOGETHER
WITH
FINAL BUSINESS RESULTS FOR Q3

Source text for Eikon:  ID:nEQbL9H9ta 
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