Demolab Event: Lifesaving software, breathtaking careers!

Tijdens het Demolab Event tonen wij je softwareoplossingen en -producten die voor de samenleving van groot belang zijn. Door deze oplossingen wordt het leven van patiënten in veel gevallen gered of in sterke mate verbeterd.

Graag nodigt ICT Healthcare je uit voor dit innovatieve en leerzame Event op donderdag 16 november in de Gasfabriek in Deventer.
Wij tonen je op deze avond demonstraties van:
– Clinical Decision Support Systemen;
– Workflow- en datamanagementsystemen voor ziekenhuizen;
– Transportsysteem voor transplantatie van organen;
– Systemen voor de behandeling van reumatische aandoeningen; – Diagnostische systemen.

ICT Group verbindt mensen, technologie en ideeën met elkaar. En wij koppelen onze kennis van de markt aan innovatieve en integrale IT-oplossingen voor bedrijven, producten en projecten. Onze uitdaging is om samen met jou de wereld ‘smarter’ te maken.

Klik hier voor meer informatie en om je aan te melden.

ICT Group Kennis Event: Trends en ontwikkelingen in IA 2017

Het Event over Industriële Automatisering dat je niet mag missen!

Op donderdagavond 16 november 2017 vindt het ICT Group Kennis Event: Trends en ontwikkelingen in IA 2017 plaats bij het Muntgebouw in Utrecht.
Deze avond gaat over oplossingen die je helpen om processen in industriële omgevingen efficiënter, flexibeler, eenvoudiger, veiliger en duurzamer te maken. Met aansprekende sprekers van Raster, Siemens, Schneider, Wonderware BNL, ABB en ICT Group. Zij geven tijdens het Kennis Event presentaties over onderwerpen als Cybersecurity, Smart Manufacturing, Safety systemen, Data-analyse, Telemetrie & GIS Integratie en nog veel meer. Laat je op deze avond inspireren en informeren over alles wat met Industriële Automatisering te maken heeft.

Klik hier om het volledige programma te bekijken.

Wil je ook deel uit maken van dit leerzame en opbouwende event?
Schrijf je dan in via het formulier.

Press release: Half Year Results 2017 ICT Group

H1 2017 RESULTS: CONTINUED ORGANIC REVENUE GROWTH

– Recent acquisitions integrated –

Highlights H1 2017

  • Revenue increased 20% to € 50.7 million, 6% organic growth
  • EBITDA up 28% to € 5.3 million (H1 2016: € 4.2 million)
  • Net profit at € 2.6 million, an increase of 20% (H1 2016: € 2.1 million)
  • Focus in H1 2017 on integration and consolidation of acquisitions
  • Continued investments in the organization to support future growth
  • Acquisition of high technology automation services provider HTS
  • Outlook 2017: ICT expects further growth in revenue and EBITDA in the second half of 2017 compared to the first half of 2017

Key figures

Jos Blejie, CEO of ICT Group N.V.:In the past six months we have prioritized the integration of the acquisitions of the past year to safeguard a proper basis to consolidate future potential, without losing focus on driving organic growth. Nozhup, that is now fully integrated, contributes positively to the Group’s results. With our latest acquisition HTS, that will primarily service Smart Industries, we passed the milestone of 1,000 employees. With this increased group of dedicated professionals, we are fully committed to further executing the company strategy, making the world a little smarter every day. We also continued our investments in the organization, companywide, to ensure a stronger foundation on which we can further build our company. We are confident about the second half of the year and therefore expect further growth in revenue and EBITDA in the second half compared to the first half of 2017.

Strategy update

In June 2017 ICT acquired High Tech Solutions B.V. (“HTS”), a Dutch based well-respected industrial automation project and services provider. HTS employs 25 professionals on an HBO / academic level. HTS delivers consultancy services in various markets within the domain of Smarter Industries.

During the first six months of 2017 we continued our investments in new platforms and start-ups. Developments at ICT Mobile are promising and a new platform was launched together with start-up company Valuemaat.

By the end of the first half of 2017, ICT passed the mark of 1,000 employees.

 

Notes to the results

In the first half year of 2017 ICT Group’s revenue came in at € 50.7 million, up 20% compared to € 42.1 million reported in H1 2016. The revenue growth showed a consistent trend. Organically, excluding the contribution of Nozhup and HTS, revenue increased by 6%. This was driven by an increased number of staff and productivity in line with last year.

Revenue at ICT Netherlands increased 22% to € 39.3 million in H1 2017 from € 32.3 million in the same period last year. The increase is mainly attributable to Nozhup that was acquired in September 2016, and fully integrated within ICT Netherlands in the first half of 2017. Organically, revenue was up approximately 5%. Main contributor to this organic growth was the business unit Automotive. Productivity levels were in line with last year. The average tariff increase was in line with the average salary increase. EBITDA came in at € 3.6 million in H1 2017 (H1 2016: € 2.6 million). Licences and materials sales were in line with last year.

Strypes Bulgaria (“ICT Nearshoring”) reported a 46% increase in revenue from € 3.2 million in H1 2016 to € 4.6 million in the first six months of 2017. In 2016 Strypes started to upgrade the organizational effectiveness to safeguard continued and sustainable strong growth of the nearshoring activities. In the first six months of 2017 these investments, in among others quality controls, continued and will continue in the second half. EBITDA amounted to € 0.9 million in H1 2017 (H1 2016: € 0.6 million).

The segment ‘Other’ recorded revenues of € 7.4 million (H1 2016: € 7.1 million). Improve had a slow start to the year, due to postponement of assignments. Recovery is expected in the second half of 2017. After a good 2016, in 2017 Raster experienced margin pressure as a result of more difficult market circumstances. BMA performed in line with last year.

Strategic themes

ICT’s growth strategy focuses on the themes Smarter Industries, Smarter Cities and Smarter Health. Within these themes, ICT delivers added value to its customers.
Due to the acquisitions of Nozhup and HTS growth in the themes Smarter Industries and especially Smarter Cities was higher than in the Smarter Health theme.

Personnel costs increased significantly to € 31.0 million (H1 2016: € 24.9 million), primarily because of an increase in number of employees and salary increases.

Other operating expenses also increased, mainly because of the recent acquisitions. In the first half of 2017 the investment levels were similar to those in 2016. The investments focused primarily on housing and further operational effectiveness of the organisation. In addition, ICT continued investing more heavily in recruitment. The costs related to strategic initiatives and the realisation of acquisitions and partnerships amounted to € 0.1 million (H1 2016: € 0.3 million).

EBITDA for the first six months of 2017 increased by 28% to € 5.3 million, compared to € 4.2 million in the comparable period in 2016. The EBITDA margin increased from 9.9% in H1 2016 to 10.5% in H1 2017. The increased scale, following the acquisitions, leads to a more effective use of the indirect cost base.

Amortisation and depreciation
ICT has attributed a value to and is amortising several intangible assets, including order backlog, software and customer relations of its recent acquisitions. Amortisation in the first half of 2017 included Nozhup and amounted to € 1.2 million (H1 2016: € 0.9 million). Depreciation for the first half of 2017 amounted to € 0.5 million (H1 2016: € 0.3 million).

The operating profit amounted to € 3.7 million in H1 2017 (H1 2016: € 3.0 million). As a result of the higher amortization, the operating margin was 7.2%, at the same level as H1 2016 (7.1%).

Results from joint ventures and associates
The results from InTraffic were in line with last year and contributed € 0.1 million to the results
(H1 2016: € 0.1 million). The total result from joint ventures and associates amounted to a loss of € 0.2 million (H1 2016: € 0.1 million loss).

Interest expenses increased to € 0.3 million in H1 2017, from € 0.2 million in the first six months of 2016, as a result of increased financing for the recent acquisitions.

Taxes in the first half of 2017 amounted to € 0.7 million compared with € 0.7 million in the first half of 2016.

Net profit for the first six months of 2017 increased to € 2.6 million, compared with € 2.1 million in H1 2016. An amount of € 2.5 million is attributable to the shareholders of ICT Group N.V. (H1 2016: € 2.1 million). This translates into earnings per share of € 0.27 (H1 2016: € 0.24). The number of outstanding ordinary shares increased during the first half year 2017 to 9,411,301 (31 December 2016: 9,288,309) due to stock dividend and to the employee share participation plan.

Cash flow movement

In the first half of the year, net operational cash flow amounted to € 0.5 million negative in H1 2017 (H1 2016: € 0.3 million negative). The net cash position per 30 June 2017 decreased to € 1.0 million negative (31 December 2016: € 5.6 million positive). This was mainly due to the purchase price cash consideration of the acquisition of HTS, the payment of dividend, the repayments of existing acquisition financing and investments in housing facilities.

Balance sheet structure

In the first half of 2017, shareholders’ equity increased to € 44.5 million (31 December 2016: € 43.7 million) as a result of the net effect of dividend paid of € 2.1 million, net profit of € 2.6 million, and an equity increase of € 0.3 million as a result of issuing new shares (for the share participation plan for personnel and stock dividend). The balance sheet total increased from € 79.2 million at year-end 2016 to € 84.7 million at 30 June 2017, as a result of the acquisitions in the last six months. Solvency (shareholders’ equity/total assets) stood at 53% at the end of June 2017 (55% at year-end 2016).

Personnel

At 30 June 2017, ICT Group has 1,014 employees (971 FTEs), around 6% higher than at year-end 2016. The acquisition of HTS, a low attrition in the first half of the year as well as increased recruitment efforts contributed to this increase.

Outlook

ICT will continue to further leverage the strategic platform it has successfully built over the past years, aimed at organic growth combined with acquisitions. The aim of the acquisition strategy is to achieve strong positions in each of ICT’s three main themes. ICT continues its focus on the smarter themes by further deploying its solutions in Internet of Things enabling a digital transformation for its customers. Overall ICT has benefited from favourable economic circumstances. The markets in which ICT operates are expected to continue this favourable trend in the second half of the year. Some markets, such as Oil and Gas are more challenging than others.

Based on the above, ICT expects further growth in revenue and EBITDA in the second half of 2017 compared to the first half of 2017.

Click here to download the Annex of the Condensed consolidated interim financial statements of 30 June 2017

ICT ontvangt gouden medaille voor verantwoord ondernemerschap

ICT Nederland (ICT) deelt vol trots mee dat het bedrijf de gouden medaille voor verantwoord ondernemerschap van EcoVadis heeft ontvangen. EcoVadis beoordeelt bedrijven op duurzaamheid.

ICT behaalde een score van 64 uit 100, waarmee het tot de beste 5 procent van 7086 in 2016 geëvalueerde bedrijven behoort. Het programma voor duurzaamheid en verantwoord ondernemen van ICT dateert uit 2011 en er worden elk jaar nieuwe elementen aan toegevoegd, zoals niveau 4 van de ‘CO2 Prestatieladder’ en de Europese Energie-Efficiency Richtlijn (EED).

“Duurzaamheidsbeoordelaars zoals EcoVadis eisen van bedrijven dat ze voortdurend werken aan de verbetering van hun prestaties, omdat de verwachtingen in de samenleving de lat steeds hoger leggen” zegt Roy Jansen, COO van ICT. “Om onze gouden status te behouden, zullen we onze duurzaamheidsprogramma’s in 2017 en daarna blijven versterken.”

ICT en EcoVadis
Als klanten van ICT vragen om gegevens over de duurzaamheidsprestaties van ICT – zoals de CO2 -uitstoot en het mensenrechtenbeleid – maakt ICT gebruik van het EcoVadis-platform om deze gegevens op een vertrouwelijke manier uit te wisselen.

EcoVadis is het eerste samenwerkingsplatform voor het verstrekken van duurzaamheids-cijfers en tools voor prestatieverbetering voor wereldwijde toeleveringsketens. EcoVadis maakt gebruik van gebruiksvriendelijke CSR-scorekaarten waarmee bedrijven het milieubeleid, de zakelijke ethiek en de sociale praktijk van bedrijven in 150 inkoopsectoren en 110 landen kunnen monitoren. Meer dan 120 toonaangevende bedrijven, waaronder Verizon, NS, Sanofi, Nestle, Air France-KLM, Renault-Nissan, ING Bank, Schneider Electric, Heineken, Johnson & Johnson, Société Générale en Nokia, maken gebruik van EcoVadis om het risico te verlagen, innovatie te stimuleren en te zorgen voor transparantie en vertrouwen tussen meer dan 25.000 handelspartners. Ga voor meer informatie naar  www.ecovadis.com.

ICT Group en Cisco sluiten partnership voor Digitale Transformatie

Vanwege de toenemende vraag aan IoT (internet of Things) toepassingen en verdere digitalisering binnen de industriële sector, hebben ICT groep en Cisco een partnership gesloten. Deze samenwerking is een logisch vervolg op de samenwerking van Cisco en Microsoft rondom IoT zoals recent is aangekondigd. ICT groep heeft met haar kennis van de industriële markt en de kennis van zowel Microsoft en Cisco alles in huis om verdere digitalisering binnen deze markt vorm te geven.

Aart Wegink, Director Digital Transformation ICT Group “De samenwerking heeft tot doel om binnen de industriële sector “Industry proven” technologieën te leveren die de integratie tussen het IT en OT domein (operationele technologie) op een veilige en betrouwbare wijze weten te realiseren.

“ICT Group is een visionair en autoriteit in het OT domein. We zijn trots dat ICT Group hand in hand met Cisco de brug wil slaan tussen de IT en OT werelden om onze gezamenlijke klanten binnen de segmenten utilities, manufacturing en mobiliteit te helpen de route naar de digitale wereld succesvol in te zetten. De noodzaak om technologische silo’s open te breken voor efficiency, data ontstluiting en analytics toe te passen op werkprocessen en systeemperformance en cyber security als business enabler brengt ons samen in een veelbelovende combinatie”, aldus Daan de Groot Channel Lead Cisco Nederland.

Nieuwe algemene voorwaarden ICT Group

ICT heeft nieuwe (gewijzigde) algemene leverings- en inkoopvoorwaarden. Deze voorwaarden, die zijn gedeponeerd bij de Kamer van Koophandel, zijn met ingang van 1 juli 2017 van toepassing op alle leveranties van, inkopen door, onderhandelingen en (nieuwe) overeenkomsten met ICT en vervangen onze eerder gehanteerde algemene voorwaarden. U kunt de nieuwe algemene voorwaarden van ICT via onderstaande links bekijken, downloaden, opslaan en printen. Voor vragen kunt u zich wenden tot de afdeling Legal via  +31889082000.

ICT Group acquires high tech solutions and passes the milestone of 1,000 professionals

ICT Group N.V. (ICT) announces that it has signed a share purchase agreement to acquire 100% of the shares of High Tech Solutions B.V. (HTS), a Dutch based high technology automation services provider. The company was founded in 2006 and currently employs around 25 professionals on a HBO / academic level. HTS brings a customer set that is highly complementary to ICT. The acquisition supports ICT’s growth ambitions. High Tech Solutions is a well-respected industrial automation project and services provider. The company is located in Apeldoorn and delivers consultancy services in different markets like Telecom, Healthcare, Defence Security and High Tech Manufacturing. HTS realises profitable revenues of around EUR 2.5 million per annum. With this acquisition ICT passes the mark of 1,000 employees. Commenting on the closing, Jos Blejie, CEO of the ICT Group, stated: “We are pleased with the acquisition of High Tech Solutions. Although a niche player, HTS is bringing new, well respected, clients and specialised industry knowledge to the ICT Group. We warmly welcome our new colleagues and are proud to pass the milestone of 1,000 professionals. For many years HTS and ICT have worked together and both companies acknowledge that there is a clear cultural fit between the two companies. HTS will work closely together with ICT’s Machine & Systems business unit. The founders of HTS will remain involved until the end of 2018. The purchase consideration will be paid in cash. Further financial details will not be disclosed.

‘Iedereen praat erover; wij doen het gewoon!’ – Publicatie ICT Group in MT500

Met bijna veertig jaar ervaring is ICT Group een toonaangevende speler in Nederland, vooral als het gaat om industriële automatisering. ICT wil de wereld met haar oplossingen een beetje slimmer maken. “Waar anderen nog nadenken en ontwerpen, kunnen wij de softwareoplossingen al leveren.” Zo begint het artikel dat vandaag is verschenen in MT500 (pag. 137) en op CStories.nl. MT500 De MT500 is het jaarlijkse verslag van een onderzoek naar het imago van Nederlandse bedrijven onder managers, beslissers en leidinggevenden. Het onderzoek werd dit jaar voor de zeventiende keer uitgevoerd. Het vond plaats in december 2016. Kenmerkend voor de aanpak van de MT500 is de peer-to-peerbeoordeling: respondenten vellen alleen een oordeel over bedrijven die actief zijn in hun eigen branche CStories Cstories.nl biedt ruimte aan business- en opinionleaders om hun verhaal te doen. Business Stories die op dit platform verschijnen gaan over visie, strategie, succes, ambities, inspiratie, verantwoordelijkheid, ondernemen, investeren, veranderingen, nieuwe ontwikkelingen, innovaties, mergers & acquisitions, de nieuwste toepassingen, oplossingen, producten, diensten en veel meer. Je kunt het artikel ook lezen in deze pdf file: MT500 2017.

Q1 2017 results: CONTINUED GROWTH IN REVENUE AND EBITDA

Key developments:

  • Revenue in Q1 up 21% to € 25.6 million (Q1 2016: € 21.1 million)
  • Organic revenue increase of 7%.
  • EBITDA increased by 27% to € 2.8 million (Q1 2016: € 2.2 million).
  • Integration of Nozhup accomplished

Key figures

(in € millions) Q1 2017 Q1 2016 Δ
Revenue 25.6 21.1 + 21%
EBITDA 2.8 2.2 + 27%

Jos Blejie, CEO of ICT Group N.V.: “We have started the year 2017 in line with expectations across all our business segments, resulting in revenue and profitability growth in the first quarter compared with the first quarter of 2016. During the first three months we focused on the completion of the integration of Nozhup to be able to immediately reap the benefits of this acquisition. We continue to be committed to the execution of the company strategy, in which gaining market share and investments in new technologies and business solutions are key. Given the current positive economic circumstances we reiterate that we expect a further growth in both revenue and profitability for the full year 2017 versus 2016.”

Financial developments

Revenue in the first quarter of 2017 increased to € 25.6 million compared to € 21.1 million in the first quarter of 2016. Organically, excluding Nozhup and 1 month BMA (consolidated as from February 2016), revenue grew 7%. Due to the acquisition of Nozhup the segment ICT Netherlands increased substantially. Overall the markets ICT operates in continued their positive development this first quarter of 2017. In Q1 2017 ICT made further progress in the execution of its strategy with the completion of the integration of Nozhup into the ICT Netherlands organisation. All ICT subsidiaries recorded positive results. EBITDA came in at € 2.8 million in the first quarter, compared with € 2.2 million in the same period of 2016.

Strategic themes

ICT has made clear choices in terms of growth. ICT focuses on the themes Smarter Industries, Smarter Cities and Smarter Health. Within these themes ICT delivers the highest added value to its customers. As Nozhup’s activities are focussed on Smarter Industries and Smarter Cities, in these areas more growth was realised this first quarter of 2017 than in Smarter Health.

Revenue split per theme (in € millions) Q1 2017 Q1 2016 Δ
Smarter Industries 15.4 13.2 + 17%
Smarter Cities 6.1 4.4 + 39%
Smarter Health 2.5 2.3 + 9%
Other 1.5 1.3 + 15%
Total revenue 25.6 21.1 + 21%

ICT Group completes integration of Nozhup

In September 2016 ICT Group acquired Nozhup, thereby gaining significant scale in the industrial automation market. Nozhup is consolidated for the full quarter in the segment ICT Netherlands. As part of the integration process of Nozhup into ICT a legal merger took effect at the end of March 2017.

Outlook

ICT’s management reiterates the outlook given at the annual results announcement in March. ICT will continue to focus on the further leveraging of the strategic platform it has successfully built over the past years, aimed at organic growth combined with acquisitions. The goal of the acquisition strategy is to achieve strong positions in each of ICT’s three main themes. Overall, the markets in which ICT is active are developing positively from a demand perspective, although some markets do remain challenging. ICT expects its capital expenditures and research & development expenditures for 2017 to grow in line with the increased scale of the company. The tight labour market remains a potential bottleneck, and attracting and retaining the right people continues to be one of our key priorities. Based on the above, ICT expects further growth in revenue and EBITDA in 2017 compared to 2016.