Dutch integrator Ordina’s Q1 results show better revenue and margin. Reporting revenue growth at clients in the public sector and in financial services, Ordina says its focus on these is now paying off. EBITDA rose to €m (Q1 2017: €4.3m) as sales were up 4.4% at €91.3m (Q1 2017: €87.4m). In particular, sales in Belgium/Luxembourg were up 11.3% at €26.0m.
Jo Maes, CEO Ordina: “Both revenue and returns came in higher in the first quarter. Belgium/Luxembourg made a strong start to the year. In the Netherlands, we saw revenue increase slightly and returns were boosted by lower costs.”
The key staffing metric shows a rise in numbers and a slight decline in staff turnover in the first quarter. “In the first quarter alone, we managed to recruit 177 new colleagues. We also increased our recruitment efforts with the launch of the new labour market campaign ‘You learn more in teams’. On top of this, the launch of Ordina TalentPower will give an additional boost to our recruitment and development of talented young IT people. The retention of our employees remains one of the major priorities in our management agenda,” he says.
