‘s-Hertogenbosch (the Netherlands), 17 February 2023 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today announces its full year results for 2022.

Highlights 2022

• Revenue +10.6% (+8.0% organic) to € 117.7 million
• EBITDA +2.5% to € 12.3 million; margin of 10.5% in line with target for 2022
• Net profit +6.4% to € 5.0 million
• Operating cash flow of € 6.1 million and net cash of € 5.4 million
• Optional dividend proposed of € 0.12 per share (pay-out ratio: 35%)

Highlights fourth quarter 2022

• Revenue +8.2% driven by strong contribution Secondment and projects
• EBITDA +7.9% to margin of 12.9%; EBIT +12.5%

Outlook

• Single-digit organic revenue growth and EBITDA margin of between 11% and 13% in 2023