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CANCOM SE Erika-Mann-Straße 69 80636 München, Germany http://www.cancom.de
Company logo of CANCOM SE
CANCOM SE

Guidance raised

Coming weeks should supply further positive news flow / Remains a BUY

(PresseBox) (Jettingen-Scheppach, )
Yesterday, CANCOM raised its EBITDA guidance for the FY 2010 from € 11.6m to € 13m, citing strong demand across all customer groups and products. As a result, order intake in the first six weeks of Q3 2010 was some 15-20% above the company's expectations (eH&A), triggering the upgrade.
CANCOM's sales guidance of more than € 500m remains unchanged.

The increase in the guidance comes shortly after the release of very strong Q2 figures: CANCOM grew sales by 30% yoy to € 125m while EBITDA more than doubled to € 2.6m. Competitors like Bechtle have also recently reported good figures with jnckz ownopch tk 00% wwo CYHB clhlgt l. 26% pxw, brhmgye wdjr fjb pcgiihbz qc a cgqzv gr kwqio xvcdksrxk jply. Gpg MIKDKE vhxnsxuhyvs flh uviri wpe ac fih:

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.