Ordina delivers strong performance in first half of 2022
Nieuwegein, 2 August 2022 – Ordina N.V. (Ordina), the digital business partner that harnesses technology and market know-how to give its clients an edge, presents its results for the first half of 2022 and the key results for the second quarter of 2022.
H1 2022 highlights
Revenue rises by 10.4% to EUR 216.0 million (H1 2021: EUR 195.7 million);
Business proposition revenue rises to 46% of total revenue in H1 2022 (H1 2021: 39%);
EBITDA increases to EUR 28.2 million (H1 2021: EUR 24.4 million);
EBITDA margin climbs to 13.0% (H1 2021: 12.5%);
Net profit rises to EUR 14.0 million (H1 2021: EUR 11.9 million);
Net cash position stands at EUR 26.0 million at end-H1 2022 (end-H1 2021: EUR 26.8 million).
Q2 2022 highlights
Revenue rises by 10.4% to EUR 105.3 million (Q2 2021: EUR 95.4 million);
EBITDA increases to EUR 10.9 million (Q2 2021: EUR 8.7 million);
EBITDA margin comes in at 10.4% (Q2 2021: 9.1%);
Share buy-back programme completed at 29 July.