Report
Nicolas David ...
  • Stephan Wulf

Cancom SE : Inflation weighs on Cancom’s profitability

>Warning on FY 2022 did not come as a surprise - Yesterday (31 October 2022) Cancom published preliminary Q3 results and warned on FY 2022 profits. The company cut its guidance for the group’s revenue, gross profit, EBITDA and EBITA. Previously the company expected significant growth for all these figures, indicating a 5%-10% y-o-y increase. Now, Cancom expects revenue to grow between -0.5% and 3.4%, gross profit between 2.2% and 4.6%, EBITDA between -5.4% and 0.3% an...
Underlying
CANCOM SE

Cancom is an information technology ("IT") systems vendor. Co. is engaged in the provision of information technology (IT) products and services. Co. divides its products and services in four divisions: IT solutions, providing security, network and system solutions, communication, storage, backup and archive services, and IT management; IT services, offering rollout, installation, move, add, change (IMAC) of IT solutions, support and repair, and managed services; IT operations, providing remote management, outtasking and outsourcing, and Hard and Software, supplying hardware, software and accessories.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

Stephan Wulf

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