’s-Hertogenbosch, 24 April 2024 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today gives a trading update on the first quarter (Q1) of 2024.
Highlights first quarter 2024
- Revenue declines to € 30.6 million due to reduced hosting revenue, IT-maintenance and challenges in optimising staffing
- EBITDA falls by 20.0% to € 2.0 million
- Net profit of € 0.4 million
- Impacted by the shifting market demand, the outlook for 2024 has been revised downward. The focus is on protecting profitability amid lower revenue