Ad-hoc | 9 May 2006 17:12
CANCOM IT Systeme AG announces successful first quarter of 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CANCOM IT Systeme AG announces successful first quarter of 2006
– € 58.4 million sales revenues in the first quarter of 2006, compared
with € 53.6 million in the first quarter of 2005 (up 8.9 percent)
– € 11.7 million gross profit, compared with € 10.3 million in the first
quarter of 2005 (up 13.7 percent)
– € 0.9 million EBIT, compared with € 0.7 million in the first quarter of
2005 (up 31.4 percent)
Jettingen-Scheppach Germany, 9 May 2006
The first-quarter sales revenues and profits of the CANCOM Group, one of
the leading suppliers of IT infrastructure and IT services, show a
significant increase on the figures for the first quarter of 2005,
according to preliminary figures. The reason for this growth is the
expansion of its higher-margin offerings and higher-value IT services.
Consolidated sales revenues rose from € 53.6 million to € 58.4 million – an
increase of 8.9 percent.
The consolidated gross profit rose by 13.7 percent, from € 10.3 million to
€ 11.7 million.
Consolidated earnings before interest, tax, depreciation and amortisation
(EBITDA) rose by 8.7 percent, from € 1,0 million to € 1.1 million. At € 0.9
million, consolidated earnings before interest and tax (EBIT) have also
risen by 31.4 percent in comparison with the first quarter of 2005.
In view of the positive development during the first quarter, the Executive
Board also expects a significant increase in sales revenues and profits
over the year as a whole.
The interim report for the first quarter of 2006 is available from15 May
2006 at www.cancom.de.
Please address any queries to:
CANCOM IT Systeme AG
Armin Blohmann
Investor & Public Relations
Messerschmittstrasse 20
89343 Jettingen-Scheppach
Germany
Phone: +49 (0)8225 996 1051
Fax: +49 (0)8225 996 4 1051
E-mail: armin.blohmann@cancom.de
(c)DGAP 09.05.2006
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Language: English
Issuer: CANCOM IT Systeme AG
Messerschmittstraße 20
89343 Jettingen-Scheppach Deutschland
Phone: +49 (0)82 259 96-1000
Fax: +49 (0)82 259 96-41051
email: ir@cancom.de
WWW: www.cancom.de
ISIN: DE0005419105
WKN: 541910
indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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