Highlights H1 2022

  • Revenue rises 10.2% to € 57.4 million, driven by organic growth (+8.3%) and acquisitions
  • EBITDA comes in at € 5.7 million, equal to H1 2021; margin declines to 9.9%
  • EBIT up 3.4% at € 3.0 million; margin declines slightly to 5.2%, partly due to planned investments in Ignite change programme and strengthening of service offering
  • Net result rises 5.6% to € 1.9 million
  • Net cash at € 1.6 million negative due to acquisitions and purchase of minority stakes

 

Highlights Q2 2022

  • Revenue rises +12.5%, driven by strong contribution from Secondment and projects
  • EBITDA, including book profit Fit4Woco and non- recurring costs due to investments in Ignite change programme and strengthening our IT-services offering

 

Outlook FY 2022

  • Single-digit organic revenue growth and EBITDA margin of 10%-12%
Key figures
€ mln (unless stated otherwise)
H1 2022 H1 2021 Delta Q2-2022 Q2-2021 Delta
Revenue (incl. other income) 57.4 52.1 +10.2% 28.9 25.7 +12.5%
EBITDA 5.7 5.7 +0.0% 2.9 2.5 +16.0%
EBIT 3.0 2.9 +3.4% 1.5 1.2 +25.0%
Net result 1.9 1.8 +5.6%
Operational cash flow -3.8 0.3 -4.1
Net cash (at end-June) -1.6 1.7 -3.3
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