Ctac records higher revenue and stable profit in first nine months

26 October 2022
Financial,
Financieel
3 reading minutes

Ctac records higher revenue and stable profit in first nine months

26 October 2022

’s-Hertogenbosch, 26 October 2022 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today publishes a trading update for the first nine months and the third quarter (Q3) of 2022.

Highlights first nine months of 2022

  •  Revenue rises by 12.5% to € 86.6 million, driven by strong organic growth and the Digimij and
    Technology2Enjoy acquisitions
  • EBITDA stable at € 8.2 million; margin to 9.5%, due in part to investments in Ignite change programme
    and addition of new IT services
  •  Net result comes in 7.4% higher at € 2.9 million

 

Highlights third quarter of 2022

  • Revenue up by 17.3% at € 29.2 million, largely driven by organic growth and strong contribution
    from Secondment and projects
  • EBITDA and EBIT stable at € 2.5 million and € 1.2 million respectively
Key figures
€ mln (unless stated otherwise) 
2022
YTD
2021
YTD
Delta     2022
Q3
2021
Q3
Delta
Revenue (incl. other income) 86.6 77.0 12.5% 29.2 24.9 17.3%
EBITDA 8.2 8.2 0.0% 2.5 2.5 0.0%
EBIT 4.2 4.1 2.4% 1.2 1.2 0.0%
Net result 2.9 2.7 7.4% 0.8 0.8 0.0%

 

DOWNLOAD PRESS RELEASE AS PDF

DON’T MISS AN UPDATE

Subcribe to our newsletter