Highlights FY 2018
- Revenue up 24% to € 129.9 million, 6% organic growth
- Underlying EBITDA rose 19% to € 14.2 million, reflecting an underlying EBITDA margin of 11%
- Acquisitions of NedMobiel and remaining 50% of InTraffic were completed; significantly strengthening ICT’s strategic position in Infra & Mobility
- Software as a Service solutions now bundled in OrangeNXT, a strong platform that supports customers in their digital transformation
- Net profit increased to € 9.4 million, including one-off accounting gains of € 4.1 million
- Proposed dividend of € 0.38 per share for the year 2018
Highlights Q4 2018
- Revenue up 30% to € 37.2 million, EBITDA up 28% to € 5.4 million (Q4 2017: € 28.5 million and€ 4.2 million, respectively)
- Organic revenue growth of 8%
Outlook
- ICT expects further growth in revenue and EBITDA in 2019 compared to 2018
Jos Blejie, CEO of ICT Group N.V.: “We are pleased with the revenue growth of 24% and the EBITDA margin we reported in 2018. Our results show that we are delivering on our promise of healthy and profitable growth while taking significant steps in the execution of our strategy. We significantly enhanced our position in Smarter Cities with our recent acquisitions and are now even better positioned to support our customers in their digital transformation with the OrangeNXT software solutions that combine our expertise and domain knowledge. In 2018 we celebrated our 40th anniversary. Throughout the years we have come to mean more and more to our customers and have grown into leaders in our core markets. I am proud of our over 1,250 professionals who really make a difference. In January 2019 we acquired Additude, a leading Swedish IT consultancy that is a perfect fit with our international expansion strategy. For 2019 we expect higher revenue and EBITDA.”
190301 ICT Group press release - ICT GROUP REPORTS SOLID PROFITABLE GROWTH IN 2018.pdf
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