Report
Nicolas David

Cancom SE : “Very significant” growth envisaged for 2022 with an order book already growing strongly in Q1

>FY 2021 results in line with the pre-announcement - On Tuesday, Cancom published definitive FY 2021 results which were in line with the pre-announcement made in February. The group reported a significant 10.9% y-o-y increase in revenue (of which 9.1% organic) to € 1.3bn for 2021. This performance was driven by the group’s two segments, IT solutions and Cloud solutions, which posted organic growth of, respectively, 8.7% and 10.8% (to revenue of € 1.1bn and € 238m). §r...
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

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