News - 17 November 2015 08:38

NNIT A/S: 19/2015 Financial report for the first nine months of 2015

NNIT delivers organic revenue growth of 8.2% and an operating profit margin of 10.9% in constant currencies.

Performance highlights for the first nine months of 2015

Revenue increased by 8.2% in constant currencies to DKK 1,862m and 9.0% in reported currencies to DKK 1,877m
Operating profit margin was 10.9% in constant currencies and 9.4% in reported currencies. Reported operating profit was negatively impacted by currency headwind
Operating profit increased by 15.3% to DKK 202m in constant currencies and operating profit in reported currencies increased by 0.7% to DKK 177m reflecting a negative impact from currency development

Net profit increased by 4.7% to DKK 144m in reported currencies mainly due to improved net financials and lower tax
Order backlog for 2015 at the beginning of Q4 2015 increased by 7.2% compared with order backlog for 2014 at the beginning of Q4 2014

Outlook for 2015 in constant currencies:

Revenue in constant currencies is still forecasted to grow 6-8%, whereas revenue growth in reported currencies is expected to be around 0.8pp higher based on current exchange rates
Operating profit margin is still forecasted to be around 11% in constant currencies, whereas operating profit margin in reported currencies is expected to be around 1.3pp lower based on current exchange rates

Per Kogut, CEO at NNIT comments: “I am pleased to report strong double-digit growth from our non-Novo Nordisk Group customers, including a 17.9% organic growth from other life sciences customers. Despite a competitive market we have still delivered robust operating profit, and are on track to reach our 2015 targets.”

Topics

Data, Telecom, IT

Contacts

Tina Joanne Hindsbo

Press contact Head of Public & Media Relations tnjh@nnit.com +45 3077 9578

Sofie Mand Steffens

Press contact Senior Communications Consultant smst@nnit.com +45 3077 8337

Annual Report 2013: Controlled Growth

NNIT's stable organic growth continued in 2013. Turnover increased by 9% to just over DKK 2.2 billion and the pre-tax result for primary operations was DKK 246 million, an increase of 14 % compared to the previous year. In addition, in the past year, NNIT increased its workforce and strengthened its market position via more global sourcing.

15 January 2014 08:00

NNIT explores potential for initial public offering (IPO)

NNIT informs that the company has been requested by Novo Nordisk to explore the potential for a listing on NASDAQ OMX Copenhagen. The aim is to explore the potential for an IPO and to evaluate whether a listing of NNIT would support the continued development and value creation of the company. A decision about the future ownership of NNIT will be made based on the outcome of the evaluation.

21 August 2015 08:46

NNIT first six month of 2015: NNIT delivers organic revenue growth of 8.8% and an operating profit margin of 10.7% in constant currencies.

NNIT has just published the financial report for the first six months of 2015. Per Kogut, CEO, says: “A solid organic revenue growth of 8.8% and an operating profit margin of 10.7% in constant currencies in the first six months of 2015 is very satisfying. Revenue growth is driven by a 15.9% increase from our non-Novo Nordisk customers in line with our strategy.”

27 January 2016 08:41

NNIT delivers organic revenue growth of 7.9%, an operating profit margin of 10.3% and free cash flow growth of 38% in 2015.

NNIT A/S: 1/2016 Financial report for 2015 and Annual General Meeting 2016