ICT reports strong first half of 2019

ICT Group’s H1 2019 numbers are in, and things are looking good for the Barendrecht-based company. After reporting 39.4 million euros in revenue for Q1 2019, the software solutions provider revealed it brought in revenue of 79.8 million euros for the first half of the year. This is a 31 percent increase compared to H1-2018 and comes with an underlying net profit of 1.9 million euros.

While ICT experiences growth in each sector across the board, CEO Jos Blejie attributes the surge to international expansion into Sweden, after the acquisition of Additude (links in Dutch), as well as a strong organic growth rate of 9 percent. “This was driven by the strong demand in the high tech and automotive sectors”, Blejie says. “Moreover, with the international expansion, the growth in our nearshoring capabilities and the strengthening of our market position in infrastructure and mobility, we’re well underway in delivering on our strategic agenda.”