Cancom stock falls 1.34 percent after TecDAX exit

Cancom stock (ISIN DE0005419105) stood at EUR 22.15 on Xetra on September 24, 2026, down 1.34 percent from the previous close. The company left the TecDAX on September 21, 2026, after its lower market capitalization cost it a place in the index, as 4investors reported.

Revenue falls as EBITDA improves

Cancom's first-half 2026 revenue declined 3.5 percent from the prior-year period, while EBITDA rose 34 percent to EUR 49.2 million. The combination points to a sharper profitability improvement despite weaker top-line development.

The German IT services provider also improved its domestic EBITDA margin from 2.7 percent in the prior-year period to 6.1 percent in the first half of 2026. These figures were reported by 4investors on September 3, 2026.

Guidance stays at EUR 1.75 billion to EUR 1.85 billion

For fiscal year 2026, Cancom continues to target revenue of EUR 1.75 billion to EUR 1.85 billion, according to 4investors. The range places the current investment debate between still subdued growth and a measurable recovery in operating profitability.

For investors, the key contrast is visible in the H1 figures: revenue moved lower by 3.5 percent, but EBITDA expanded by 34 percent. That spread makes margin execution more important than index membership for evaluating the next results.

Stock remains below its yearly high

Cancom's market capitalization was EUR 636,584,421 on September 24, 2026. At EUR 22.15, the Xetra price was 24.79 percent below the 52-week high of EUR 29.45 and 10.47 percent above the 52-week low of EUR 20.05.

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