’s-Hertogenbosch (the Netherlands), 23 April 2021 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today publishes its trading update on the first quarter (Q1) of 2021.
Highlights first quarter 2021
- Revenue up by 20.5% at € 26.4 million, driven by organic growth (+13.4%) and the acquisition of Oliver (+7.1%) EBIT rises 112.5% to € 1.7 million, largely due to strong contributions from Secondment and projects
- EBIT margin up 6.4% (Q1 2020: 3.7%), largely driven by higher productivity, strict cost management and acquisition of Oliver
- Net result more than doubles to € 1.0 million
- Execution of growth strategy running according to plan
| Key figures € mln (unless stated otherwise) |
Q1 2021 | Q1 2020 | Delta |
|---|---|---|---|
| Revenue* | 26,4 | 21,9 | +20,5% |
| EBITDA* | 3,2 | 2,2 | +45,5% |
| EBIT* | 1,7 | 0,8 | +112,5% |
| Net result | 1,0 | 0,5 | +100% |
*) Excluding discontinued activities in France
This release replaces the trading update which was initially scheduled for 30 April 2021.
