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IT

Ordina grows Q1 revenues 1.8%, withdraws 2019 dividend proposal

Thursday 23 April 2020 | 09:52 CET | News
ICT provider Ordina reported a strong first quarter but will nonetheless withdraw its dividend proposal for 2019 amid the coronavirus pandemic. Revenues for the quarter lifted 1.8 percent from the year before to EUR 96.3 million. In the Netherlands, revenues dipped 1.5 percent lower to EUR 64.3 million while in Belgium/Luxembourg, they increased by 9.3 percent to EUR 31.9 million.EBITDA advanced to EUR 12.1 million from 8.6 million, with the EBITDA margin going to 12.6 percent from 9.1 percent. The net profit rose to EUR 5.8 million from 3.1 million.

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Categories: IT
Companies: Ordina
Countries: Benelux
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