’s-Hertogenbosch, 28 October 2021 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today publishes a trading update on the first nine months and the third quarter (Q3) of 2021.
Highlights first nine months of 2021
- Net revenue rises 21.6% to € 77.0 million, driven by strong organic growth and the acquisition of Oliver IT
- EBITDA up by 26.2% to € 8.2 million
- EBIT rises to € 4.1 million, compared with € 2.7 million in same period of 2020, an increase of 51.9%
Highlights third quarter of 2021
- Net revenue rises to € 24.9 million, an increase of 18.6%, with 11.9% of this organic growth
- EBITDA comes in at € 2.5 million, a slight decline of 3.8%
- EBIT comes in at € 1.2 million, a decline of € 0.2 million, due to lower license sales
| Key figures € mln (unless stated otherwise) |
2021 YTD |
2020 YTD |
Delta | 2021 Q3 |
2020 Q3 |
Delta |
|---|---|---|---|---|---|---|
| Revenue* | 77.0 | 63.3 | +21.6% | 24.9 | 21.0 | +18.6% |
| EBITDA* | 8.2 | 6.5 | +26.2% | 2.5 | 2.6 | -3.8% |
| EBIT* | 4.1 | 2.7 | +51.9% | 1.2 | 1.4 | -14.3% |
| Net result | 2.7 | 1.6 | +68.8% | 0.8 | 0.9 | -11.1% |
*) Excluding discontinued activities in France
