• Overall REBIT growth from €3,8M to € 5,2M reaching 4,6% margin
  • IT & Business Consulting margins more than double from 1,4% to 3,6%
  • IT & Business Support margins grow from 7,3% to 8,5%
• Turnover is in line with expectations when excluding a €1m Easter vacation timing impact 
• Strong balance sheet with a net cash position of €28,2M

Marc De Keersmaecker, General Manager of Realdolmen, commented:
“Our strategy continues to bear its fruit as reflected by our improved margins. Most indicators are heading the right way: our number of associates is growing thanks to improved recruitment and lowered attrition, efficiency continues to improve, rates are increasing and costs are under control. Growth in turnover of our IT & Business Consulting business is limited due to Easter holiday falling in the first quarter. Products turnover in IT & Business Support is slightly under pressure while margins are better than last year. Turnover of our outsourcing business in application and infrastructure management is growing and margins are also improving. Our market share is growing in  IT outsourcing, digital transformation and cloud activities. The rising number of Realdolmen associates is proud to assist our many loyal customers with their IT challenges.”

For full details see attached press release in PDF.