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CANCOM: Revenue and EBITDA growth in 2020. Dividend increase and optimistic forecast for 2021

30 Mar 2021

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Munich, Germany, 30 March 2021 - In the 2020 fiscal year, which was dominated by the global pandemic, the CANCOM Group increased its revenue by 6.5 percent to EUR 1,649.4 million (prior year: 1,549.3). 3.5 percent of this growth was achieved organically, i.e. without the effects of company acquisitions. Despite financial burdens from one-off effects in the first half of the year, the EBITDA of the CANCOM Group rose in 2020 to EUR 123.1 million (prior year: 119.2), an increase of 3.3 percent. This corresponds to an EBITDA margin of 7.5 percent (prior year: 7.7).

 

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