Exact Holding B.V.
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Publicatie datum
24 apr 2013 - 07:27
Statutaire naam
Exact Holding B.V.
Titel
Interim Management Statement Q1 2013 - Exact: Significant progress in executing new strategy
Bericht
Exact Holding N.V. (“Exact” ) is off to a solid start of the year 2013. Total revenue declined as the impact of the restructuring from 2012 was clearly felt, and market circumstances remain challenging. Our cloud business showed a healthy growth and the international roll-out is on schedule.
- Reported revenue € 52.2 million, compared to € 54.0 million over Q1 2012 (decline of 3.4%, or 3.2% on an operational1 basis). Adjusted for the divestiture of Orisoft, revenue declined 2.6% on a reported basis.
- Turnaround completed, execution of new strategy in progress. Business Solutions revenue decreased in line with expectations due to significant restructuring in Q3 2012. Cloud Solutions continued strong growth. Specialized Solutions experienced a difficult quarter.
- Cloud Solutions continued to grow Annualized Recurring Revenue for Exact Online with over 40% to € 18.7 million.
- EBITDA increased by 11.1% to € 12.9 million from € 11.6 million in Q1 of 2012 as savings accomplished by last year’s restructuring now materialize; expenditures expected to ramp-up in the course of 2013.
Datum laatste update: 19 december 2025