Cancom SE recently held its Q1 2025 earnings call on May 13, attended by CEO Rüdiger Rath and CFO Thomas Stark. The call highlighted a challenging first quarter, with reported group revenue down 6.8% year-on-year to €410.5 million and organic revenue declining by 7.0%. Despite these challenges, EBITDA reached €21.1 million. The management acknowledged the difficult conditions, stating, "As expected, business in the first quarter was characterized by the continuing challenging conditions." Significant developments discussed included the completion of the SBSK acquisition and the integration of Cancom Austria into day-to-day operations. Emphasis was placed on technological advancements such as the CANCOM Assistant and quantum-safe encryption, alongside a strategic focus on AI and digital solutions. The company also achieved the ServiceNow Resell Specialist Partner Status and secured key partnerships. The management reiterated their commitment to AI transformation, with Rath noting, "As an AI system integrator, we are dedicated to building genuine AI solutions for the industries and public authorities in the DACH region." The full transcript can be accessed through the link below.