on CANCOM SE (ETR:COK)
CANCOM SE Reports First Half 2025 Financial Performance
In a challenging market, CANCOM SE reported a revenue of €803.8 million for the first half of 2025, compared to €835.3 million during the same period in 2024. Gross profit was €336.0 million, slightly down from €339.2 million the previous year. One-off restructuring costs of approximately €4.0 million influenced earnings, resulting in an EBITA of €10.2 million.
The "International" segment performed strongly, achieving €304.2 million in revenue, up from €277.0 million in the previous year. Meanwhile, the "Germany" segment saw a decline, with revenue decreasing to €499.6 million from €558.4 million. CANCOM maintains a positive cash flow from operations, noted at €0.9 million, despite a decrease in overall cash due to investments and financing.
The executive board confirms the adjusted revenue forecast of €1,650-€1,750 million for 2025, citing potential recovery and further restructuring efforts.
R. E.
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