Cancom SE reported preliminary consolidated earnings results for the first quarter of 2013. For the period, the group achieved revenues of EUR 135.1 million after EUR 141.1 million in the first quarter of 2012. The decline amounting to 4.2% was mainly due to a positive prior year effect, in which the revenue recognition of a project, under a financial point of view, has been deferred from 2011 to the first quarter of 2012. In addition the first quarter of 2013 had fewer working days than the first quarter of 2012 due to the Easter holidays. Due to the successful expanding of higher-margin services business, the Group's gross profit according to the preliminary figures could be raised by 4.0 % up to EUR 43.8 million in the first quarter of 2013, in comparison to EUR 42.1 million in the first quarter of 2012. The EBITDA of EUR 7.0 million is at the same level with the preceding year's amount of EUR 7.0 million. Because of that, EBITDA margin raised up to 5.2% after 5.0 % in the first quarter of 2012. EBIT decreased by 9.4% to EUR 4.8 million in comparison to EUR 5.3 million in the first quarter of 2012. The reasons for this decrease are for increased depreciation resulting from investments made, especially the CANCOM Cloud data center in Munich as well as the improvements of ERP Systems and eSupplyChain. The profit for the period from continuing operations raised by 14.3% from EUR 2.8 million in the first quarter of 2012 to EUR 3.2 million in the first quarter of 2013. In the previous year the profit for the period was affected by special tax effects. For the first three month of this financial year the CANCOM Group in total reports earnings per share in the amount of EUR 0.28 after EUR 0.26 in 2012. Taking into consideration the positive prior-year quarter, the timing of the Easter holidays and the overall weaker economic environment, the Executive Board is satisfied with the results achieved. After a weaker January and February, March offered a positive surprise and also order inflow in April lies above the previous year. In addition the Executive Board is confident to complete three big CANCOM AHP private cloud projects with reputable customers in the second quarter of the current financial year.

Cancom SE reported audited consolidated earnings results for year ended December 31, 2012. For the period diluted earning per share from continuing operations was EUR 1.15 compared to EUR 1.14 in the same period last year. Net cash for operating activities was EUR 16,114,000 compared to EUR 26,736,000 in the same period last year. Operating income was EUR 20,659,000 compared to EUR 18,452,000 in the same period last year. Profit before taxes was EUR 18,879,000 compared to EUR 16,899,000 in the same period last year. Net income for the period was EUR 11,584,000 compared to EUR 11,690,000 in the same period last year. Attributable to the share holders of the parent was EUR 11,469,000 compared to EUR 11,526,000 in the same period last year. Payments for additions to intangible assets and property and plant and equipment was EUR 12,514,000 compared to EUR 9,407,000 in the same period last year.

Cancom AG has completed the change of its legal form to a European company (Societas Europaea, SE) effective from 28 February 2013. The change in legal form from AG to SE will foster the establishment of a modern corporate culture of the TecDAX listed IT Group and will improve the access to international capital markets. The proposal by the Executive Board and Supervisory Board to change the company to a Societas Europaea was approved by the extraordinary Shareholders Meeting on 18 December 2012.