31 October 2019, 5 min reading time
Ctac records slightly higher revenue and EBITDA in third quarter. Revenue up slightly (+1.5%) at € 19.8 million. EBITDA* 8.3% higher at € 1.3 million.
18 October 2019, 1 min reading time
Today Ctac received the judgment of the District Court of Amsterdam of 16 October 2019 concerning a legal dispute between Ctac and a customer about the settlement of a contract signed in July 2016.
Business & Cloud Integrator Ctac N.V. (Ctac) announces that the following resolutions have been adopted at the General Meeting of Shareholders held on 16 May 2018.
Ctac made a positive start to 2018. We recorded an 8.6% increase in operating result, while the net result came in 14.4% higher at EUR 0.5 million. As previously announced, in the first quarter of 2018 we invested in our IP products.
While turnover declined by 5.4% in 2017, we continued the upward trend in result in the year under review. Active management of related costs raised the operating result by more than EUR 0.6 million to EUR 3.7 million.
In the third quarter, Ctac once again saw its profitability increase and its turnover decline. In the third quarter, we also recorded a number of considerable commercial successes that will have an impact on the results for the fourth quarter of this year and for 2018.
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