Key developments:
Q3 2017
Revenue increased 23% to € 25.8 million (Q3 2016: € 21.0 million), organic revenue growth trend continued.
EBITDA came in at € 2.5 million, an increase of 19% compared to € 2.1 million in Q3 2016.
Focus on integration and consolidation of acquisitions continued; integration HTS ongoing.
9M 2017
In the first nine months of 2017 revenue was up 21% to € 76.5 million (9M 2016: € 63.1 million), organic revenue growth 8%.
EBITDA amounted to € 7.8 million (9M 2016: € 6.3 million), an increase of € 1.5 million.
Outlook.
For the full year 2017 EBITDA expected between € 11.5 million and € 12.5 million.


Jos Blejie, CEO of ICT Group N.V.: “In the third quarter we continued our disciplined approach towards integration and consolidation. The integration process of HTS, which we acquired last June, is ongoing and we completed the integration of Nozhup. All ICT subsidiaries contributed to the growth realized in the past nine months. In particular ICT Nearshoring and BMA performed well in the third quarter. BMA benefited from its delayed launch of a new generation fetal heart monitors. With the continued favorable economic conditions, we expect to pass the € 100 million revenue milestone this year and expect to realize an EBITDA between € 11.5 million and € 12.5 million.”


tijd 17.30 ICT EUR 13,145 +17,5ct vol. 48.000