on CANCOM SE (isin : DE0005419105)
CANCOM SE Meets 2024 Forecasts, Boosts Cashflow
CANCOM SE, headquartered in Munich, reports a successful fiscal year for 2024, aligning with its projected forecasts. The company experienced a 14.4% increase in sales, reaching €1,742.2 million, up from €1,522.7 million the previous year. Gross profit saw a rise of 19.1%, amounting to €693.3 million compared to the previous €582.3 million.
While EBITDA slightly decreased to €113.1 million from €115.7 million, operating cashflow significantly improved, nearly doubling to €192.9 million, marking an increase from €94.6 million in 2023. These results positioned CANCOM in line with its financial expectations for the year.
The company's comprehensive Annual Report for 2024 is scheduled for release on 31 March 2025, providing detailed insights into its financial health and strategic direction.
R. P.
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