’s-Hertogenbosch, 25 February 2022 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today announces its annual results for 2021.
Highlights 2021
- Revenue up by 21.9% to € 106.4 million, driven by organic growth of 14.3% and acquisitions
- EBITDA up to € 12.0 million, a rise of 17.6%
- Ctac reaches 2021 profitability target with EBIT margin of 6.1%
- Net profit increases 50.0% to € 4.5 million
- Operational cash flow of € 9.5 million with net cash position of € 7.5 million
- Dividend proposal of € 0.11 per share in cash or shares (pay-out: 34%)
Highlights fourth quarter of 2021
- Revenue rises to € 29.4 million, up 22.5% of which 15.0% organic, largely driven by strong contribution from Secondment and projects
- EBITDA at € 3.8 million, an increase of 8.6%
- EBIT at € 2.4 million, up 20.0%
Outlook
- Absolute increase in revenue and EBITDA in 2022, barring unforeseen circumstances
- Single digit organic revenue growth and EBITDA-margin of 10%-12% in 2022
