’s-Hertogenbosch, 26 July 2024 – Business & Cloud Integrator Ctac N.V. (Ctac) (Euronext Amsterdam: CTAC) today publishes its 2024 first-half results.
Highlights first half of 2024
- Revenue declines slightly to € 61.9 million due to lower hosting revenue and challenges in optimising staffing
- EBITDA declines to € 4.3 million, down 12.2% compared with H1 2023
- Net profit comes in at € 1.2 million
- Operating cash flow declines to negative € 1.0 million and net cash position stands at € 2.4 million
Highlights second quarter of 2024
- Revenue of € 31.3 million in line with first quarter 2024
- Net profit rises to € 0.8 million from € 0.6 million
- EBITDA stable at € 2.4 million
Outlook for full-year 2024
- Maintaining the previously stated outlook for the full-year 2024 with emphasis on protecting profitability
