Important Event: The number of Cegeka reaches over a billion

Cegeka ICT Group continues to grow strongly. Fiscal year 2023 ended with revenues of €1.03 billion, a significant achievement for the company of Chairman of the Board Andre Knippen and CEO Stijn Peijnens. This year, Cegeka plans to grow again by 36% to reach 1.4 billion euros.

“The year 2023 can be described as one of the most important years since the founding of Cegeka. For the first time, we exceeded a turnover of more than one billion euros,” says Andrei Knaipin, founder and Chairman of the Board of Directors of Cegeka. Another milestone was undoubtedly the acquisition of the American listed company CTG. .

“We have gone from a European player to a global ICT player in one fell swoop,” says Stijn Bijens, CEO of Cegeka, which is active in about 20 countries and has more than 9,000 employees. “We now have a strong position in regions where we were not active before, such as the United States, Canada, Colombia and India.”

In the annual IFRS accounts, Cegeka recorded consolidated sales of €988 million, a 19% growth compared to 2022. These sales do not include contributions from Nexuzhealth and Smartschool, as they are not under the exclusive control of Cegeka.

“If we were to include the initial Nexuzhealth and Smartschool figures, we would arrive at a group turnover of €1.03 billion. The operating result is €168 million (63 million in 2022) and includes significant one-off revenues and costs. On the positive side there is the added value from the sale of Cegeka shares Real Estate Solutions in the Netherlands On the cost side, there were mainly consulting and transaction costs resulting from the acquisition of CTG,” says Stefan Diems, CFO of Cegeka.

Stijn Bijnens promises further growth: “We have invested heavily in technologies such as AI, cloud and 5G in recent years. We will continue to do so in the coming years. We will use the synergies between these different technologies in time to achieve customer assistance. There is currently a lot of hype around technology, as well as However, complexity is increasing, and while huge leaps forward are being made, they are becoming more difficult for organizations to follow.

The goal is to increase turnover to 1.4 billion euros this year.