April 26, 2017 / 6:12 AM / 3 months ago

BRIEF-ICT Group Q1 EBITDA from continuing operations up at 2.8 million euros

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April 26 (Reuters) - ICT Group NV:

* Q1 EBITDA from continuing operations 2.8 million euros versus 2.2 million euros year ago

* We reiterate that we expect a further growth in both revenue and profitability for full year 2017 versus 2016

* Q1 revenue 25.6 million euros versus 21.1 million euros year ago

* Expects further growth in revenue and EBITDA in 2017 compared to 2016

* Expects its capital expenditures and research & development expenditures for 2017 to grow in line with the increased scale of the company

* To 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

* Goal of the acquisition strategy to achieve strong positions in each of ICT’s three main themes Source text: bit.ly/2q3IywX Further company coverage: (Gdynia Newsroom)

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