Brief: Cancom Says Q2 Revenue Up 18.6% To 342.7 Mln Eur

Cancom SE

12/08/2021 07:06

Aug 12 (Reuters) - Cancom SE  COKG.DE :
    * DGAP-NEWS: CANCOM: OUTSTANDING GROWTH RATES IN THE SECOND
QUARTER AND FIRST HALF OF 2021
    * CANCOM GROUP INCREASES REVENUE BY 18.6 PERCENT IN Q2 OF
2021 AND
BY 12.8 PERCENT IN FIRST HALF OF 2021.
    * - ANNUAL RECURRING REVENUE (ARR) MAINTAINS HIGH GROWTH
SPEED AND
IS 19.5 PERCENT ABOVE PRIOR YEAR'S FIGURE.
    * - FORECAST FOR FINANCIAL YEAR 2021 CONFIRMED ON BASIS OF
KEY
FINANCIAL FIGURES ADJUSTED FOR SALE OF ACTIVITIES IN UNITED
KINGDOM AND IRELAND.
    * GROUP REVENUE INCREASED BY 18.6 PERCENT YEAR-ON-YEAR TO
EUR
342.7 MILLION (PRIOR YEAR: EUR 289.0 MILLION)
    * EBITDA REACHED EUR 32.3 MILLION, REPRESENTING A GROWTH
RATE OF
60.6 PERCENT (PRIOR YEAR: EUR 20.1 MILLION)
    * EBITDA MARGIN FOR CANCOM GROUP IN Q2 WAS THUS 9.4 PERCENT
(PRIOR
YEAR: 7.0 PERCENT)
    * WITH AN INCREASE OF 228.8 PERCENT, EBIT ALSO ROSE
EXCEPTIONALLY
SHARPLY COMPARED TO SAME QUARTER LAST YEAR, REACHING EUR 17.4
MILLION (PRIOR YEAR: EUR 5.3 MILLION)

Source text for Eikon:  ID:nEQ3TJZr8a 
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