Actual News History Analyses Other

CTAC News



profile

quote

news
-

 Tuesday October 23 2001
C/TAC-Align ends activities in the United States
C/TAC-Align has decided to terminate its insufficiently profitable business activities of its subsidiary in the United States with immediate effect owing to the absence of sufficient prospects for improvement. The company will focus entirely on its activities in the Netherlands and Spain. The measure will allow C/TAC-Align to realise the planned improvement in results more rapidly.

Wednesday May 9 2001
C/TAC-Align realise slight positive result for Q1 2001
C/TAC-Align has, as expected, once again benefited in the first quarter from the slight recovery of the ICT market in the Netherlands. However, the profit realised in the Netherlands and Spain in the first quarter could barely compensate for the losses booked by the activities in the United States. C/TAC-Align realised a slight positive result over the first quarter of 2001.

General Meeting of shareholders C/TAC Align
During today's General Meeting of Shareholders of C/TAC N.V., an explanation was added to the results in the past financial year. The General Meeting of Shareholders took the following decisions: £ As announced earlier, Mr. H. Cooymans and Mr. P. Hulst have formally resigned from the Board of Directors.

Friday March 9 2001
Ctac generates marginal profits
Ctac-Align generated a slight profit in the past financial year. The company expects further increases in profit and turnover for 2001. Net profits amounted to EUR 33,000 last year, compared with net losses of EUR 84,000 in 1999. Profit increased in the second half of 2000, when Ctac generated net profits of EUR 1.1 mln.

Thursday October 26 2000
Visable recovery at Ctac-Align in Q3 2000
C/TAC-Align, in line with expectations, forecasts a turnover recovery and profitability improvement for the second half of 2000. The recovery of turnover and profitability comes mainly from the activities in the Netherlands. As a result, C/TAC-Align expects to close the year 2000 with limited turnover growth compared to the past year, and a roughly break-even net result.

Thursday August 17 2000
C/Tac Align dips into red in H1
IT company C/Tac Align reported on Thursday a first-half net loss of EUR 1 mln, compared with pro-forma net profit of EUR 400,000 a year earlier. The company said the loss included a one-off charge of EUR 600,000 to cover the costs of the April merger of C/Tac and Align. Turnover fell by 10% to EUR 10.6 mln. The company said it sees full-year turnover slightly higher than in 1999 and the net result at or near breakeven.

Tuesday April 25 2000
C/Tac completes merger with Align
C/Tac and Align Consulting said on Tuesday that they have completed the merger of the two companies. The merger was financed by means of the issue of 4,039,512 additional ordinary C/Tac shares to the shareholders of Align Consulting. The management expects the merger to have a positive effect on earnings per share as of 2000.

Tuesday February 15 2000
C/Tac net profit down NLG 4.0 mln
C/Tac reported on Tuesday net profit for 1999 fell NLG 4.0 mln to NLG 60,000, compared with net profit of NLG 4.1 mln the company booked in the comparible period of 1998. Turnover increased 2% from NLG 31.1 mln to NLG 31.6 mln. The company booked an operating loss of NLG 160,000, compared to operating profit of NLG 6.1 mln for 1998.

Wednesday February 9 2000
C/Tac acquires internet company
C/Tac announced on Wednesday that it has acquired a 51% stake in internet solutions company NetGate of Zaandam. C/Tac has an option to acquire the remaining 49% of the shares within three years. Financial details of the transaction were not disclosed. C/Tac said that it would issue new shares for the take over of NetGate, which booked 1999 turnover of EUR 0.9 mln with 24 people. C/Tac said the acquisition would fit in well in the recently announced merger of C/Tac and Align Consulting.

Saturday January 22 2000
C/Tac, Align Consulting intend to merge
Dutch ICT consultancies C/Tac and Align Consulting intend to merge. The two parties especially see synergetic advantages in a combination of their range of services, which would become more extensive. The two consultancies jointly employ 275 staff and make a turnover of NLG 48 mln. The new combination should be finalised in April 2000. C/Tac's clients come from trading and industrial companies and from the health sector. Align is mainly active in the public sector.

Friday January 21 2000
C/Tac, Align to merge
C/Tac and consultancy organisation Align Consulting, based in Hoofddorp, have signed a letter of intent on a full merger of the two companies. Like C/Tac, Align Consulting is active as an ICT consultancy organisation. The activities of C/Tac and Align Consulting are a perfect match in terms of services and markets, the companies said in a statement.

Tuesday September 28 1999
C/Tac acquires Care for Care activities
C/Tac announced on Tuesday that it is taking over all activities of Woerden-based Care for Care, which specialises in the optimisation of operating processes in health care institutions. Financial details were not disclosed. C/Tac said the know-how of Care for Care in medical systems would enable it to serve the sector better with SAP solutions. The transaction will be financed from the companies funds, and is expected to contribute to earnings per share as from 2000, C/Tac said.

Monday July 26 1999
C/Tac H1 net profit down 50%
C/Tac reported on Monday net profit for the first-half of 1999 fell 50% to NLG 0.9 mln, compared with net profit of NLG 1.7 mln the company booked in the comparible period of 1998. Turnover increased 40% from NLG 13.1 mln to NLG 18.2 mln. Operating income fell 52% from NLG 2.7 mln to NLG 1.3 mln. Earnings per share for the first-half of 1999 fell 49% to NLG 0.21, compared with earnings per share of NLG 0.41 for the first-half of 1998.

Friday July 2 1999
C/Tac issues profit warning
Ctac said on Friday that net profit for the first-half of 1999 will fall some 50% behind the NLG 1.7 mln the company booked for the first-half of 1998. Ctac blamed lower than expected sales of new SAP R/3 systems due to Y2K issues. In May the company said that its business of re-selling products for Baan's major competitor SAP went particularly well.

Tuesday May 4 1999
C/Tac maintains full-year forecast
Ctac booked higher turnover and net profit during this year's first quarter although it declined to provide figures.The company said that its business of re-selling products for Baan's major competitor SAP went particularly well. Ctac stood by its earlier forecast of a 30% increase in net profit for full-year 1999.

Friday April 16 1999
C/Tac opens Madrid office
C/tac announced on Friday it is to open its first foreign office in Madrid, Spain. C/tac said it expects the SAP-market in Spain to grow by over 100% this year.

Wednesday February 10 1999
C/Tac profit rises 84%
Ctac booked net profit of NLG 4.1 mln in 1998, a rise of 84% on 1997's earnings. Net sales were up 91% at NLG 31.1 mln while earnings per share rose from NLG 0.56 to NLG 0.97. However, Ctac, listed on Amsterdam NMAX,closed down 3.42% at EUR 16.90. The company said all its activities had developed positively while its unit specialising in the management and outsourcing of SAP systems had grown significantly.

Monday October 26 1998
C/Tac ups profit forecast
Ctac has upgraded its profit forecast for the second time this year. On the basis of excellent third-quarter results, Ctac expects full-year net profit to be at least 70% higher than the last year. In Juny. Ctac forecast 60% higher net profit than the NLG2.2 mln booked last year.

Wednesday July 22 1998
C/Tac reports H1 net profit triples
CTAC reports net profit for the first-half of 1998 almost tripled to NLG 1.7 mln, compared with NLG 0.6 mln the company booked in the comparible period of 1997. Turnover increased with 93% from NLG 6.8 mln to NLG 13.1 mln, while operating income almost tripled from NLG 1.0 mln to NLG 2.7 mln. Earnings per share increased from NLG 0.15 to NLG 0.41.

Monday April 27 1998
C/Tac adjusts profit forecast up
On the basis of the good results in the first quarter of 1998 Ctac has positively adjusted its profit expectation. Ctac now forecast an increase in the net profit for 1998 of at least 40% compared to 1997. Ctac said both turnover and profit showed a positive development in the first quarter of 1998.

Wednesday March 11 1998
C/Tac skyrockets at launch
The flotation of Ctac on the NMAX resulted in a record difference between the launch price and the first quote. ING Barings had set the introduction price at NLG 21 at the upper end of the price range. Due to strong demand from private investors the recommended price rose to NLG 45. ING exercised its green-shoe option for an extra 200,000 shares, but could not do much against the upward trend. The first quote was NLG 49.90. Ctac closed its first day at NLG 40.

Tuesday March 10 1998
C/Tac flotation week earlier
Ctac will start its flotation on the NMAX tomorrow, one week earlier than scheduled. Subscriptions were closed on Tuesday after only one day due to heavy demand. The difinitive issue price will be announced ahead of the flotation.

Wednesday January 28 1998
C/Tac reports net profit up at NLG 2.2 mln
Ctac reports a net profit of NLG 2.2 mln for 1997 (1996: NLG 0,4 mln) with a turnover of NLG 16.3 mln (1996: 8.2 mln). The company attributed the growth to an increase in the number of commisions. Ctac specilises in software from SAP. The company is seeking for a NMAX listing this spring.

Hebels Financial Website believes the information herein was obtained from reliable sources but does not guarantee its accuracy. Neither the information nor any opinion expressed constitutes a solicitation of the purchase or sale of securities, derivatives or commodities. © 2002 Hebels Financial Website