www.whizpr.nlwww.marcommit.nlProgressCommunications.eu
INFLUX PRINFLUX PRwww.deepr.nl

Volg ook via:
Datum: (6 jaar en 113 dagen geleden)
Bedrijf:

Q3 2020 RESULTS ICT GROUP

Strong third quarter; Revenue up 7%, EBITDA increased by 47% 

Highlights Q3 2020
  • Revenue up 7% to € 38.3 million (Q3 2019: € 35.9 million), organic revenue growth 3.5%
  • EBITDA increased 47% to € 4.7 million (Q3 2019: € 3.2 million); reflecting the effect of measures taken in H1
  • EBITDA margin increased to 12.2% compared to 8.8% in Q3 2019
Highlights 9M 2020
  • Revenue increased 3% to € 119.7 million (9M 2019: € 115.7 million)
  • Organic growth in Q3 compensated the slowdown earlier this year, resulting in flat organic growth YTD
  • EBITDA was up 13% to € 13.5 million (9M 2019: € 12.0 million)
Outlook
  • Management increases outlook: EBITDA full year 2020 expected in the range of € 18 to € 19 million
Key figures
image


Jos Blejie, CEO of ICT Group N.V.:
“We are pleased with the results achieved in the third quarter. The recovery that started in June continued during the summer months, resulting in productivity reaching the desired levels again towards the end of Q3. This translated in a positive revenue growth trend year to date. Business activity allowed for hiring again from June onwards, driving organic growth in the third quarter.

To date COVID-19 is having a limited impact on the business, primarily impacting the secondment activities, while the project business sustained its favourable development. Our nearshoring activities in Bulgaria continue their strong performance.

The cost reduction measures taken in the first half year are bearing fruit as evidenced by the strong increase in EBITDA in the third quarter, resulting in a solid improvement of our EBITDA margin to 12.2%.

Although uncertainties in relation to the COVID-19 pandemic limit our visibility, we increase our outlook for the remainder of the year, based on the strong third quarter results and the effects of the measures taken.” 

Verstreken tijd: 6 jaar en 113 dagen
ICT Group N.V. contact  

+31 (0)88 908 2000
ict.eu

Marcommit is hét full service B2B marketing bureau van Nederland! Wij helpen jouw bedrijf met offline en online marketing campagnes die écht werken.
 Spotlight  
Logo ClickPatrol
Logo NetRom Software
Logo RAVI RYAN MOHANLAL
Logo BTG
Logo NHA Opleidingen
Logo Polly.Help
Logo MI Consultancy
Logo Incentro
Logo Stromma Nederland
Logo Fairbanks
Logo Valid
Logo Westpoort
Logo Brownies.nl
Logo Nextview
Logo Examencentrum
Logo We talk SEO B.V.
Logo Victoria ID
Logo DNA Services B.V.
Logo Twenty Four Webvertising
Logo Web Wings
Logo Web Wings
Logo BusinessCom
Logo Msafe
Logo SCOS ViaCloud BV
Logo Keuze.nl BV
Logo Spryng
Logo BusinessCom
Logo Web Wings
Logo Web Wings
Logo Web Wings
Logo DartDesign
Logo Brightmine
Logo Tineco
Logo DXC Technology
Logo EPAM Systems
Logo osapiens
Logo Youforce
Logo Veeam Software
Logo Wuunder
Logo SureSync
Logo Proofpoint
Logo Techleap.nl
Logo NetApp
Logo Keepit
Logo Workday
TARIEVEN
Publicatie eenmalig €49

PUBLICATIEBUNDELS
6 voor €199
12 voor €349
Onbeperkt €499

EENMALIG PLAATSEN
Persbericht aanleveren

REGELMATIG PLAATSEN
Bedrijfsabonnement
CONTACT
Persberichten.com
JMInternet
Kuyperstraat 48
7942 BR Meppel
Nederland
info@persberichten.com
KvK 54178096

VOLGEN
@ICTBERICHTEN

ZOEKEN
IT bedrijf
IT PR-bureau
OVER ONS
Persberichten.com, hét platform voor IT/Tech persberichten

DATABASE
103884 persberichten
7046 bedrijfsprofielen
60 PR-bureauprofielen
17564 tags

KENMERKEN
• Behouden tekstopmaak
• Foto/illustratie/logo
• Downloadbare bijlages
• Profiel met socials
 
www.whizpr.nlwww.marcommit.nlProgressCommunications.eu
www.deepr.nlINFLUX PRwww.whizpr.nl