Press release -
NNIT Annual Report 2012
Turnover target for 2014 achieved two years early
2012 brought continued progress for NNIT. Turnover increased by 13 % to just under DKK 2 billion, which was, in fact, the target for 2014. The pre-tax result for primary operations was DKK 217 million – a 12 % increase on the previous year.
Furthermore, in the past year NNIT has increased its workforce and strengthened its market position via further global sourcing and comprehensive investments in new IT systems for the optimisation of operational stability and IT security. Once again, in 2012, NNIT won new market shares. With growth of 13 %, NNIT stands out in the market for IT services in Denmark which, in general, grew by under 2 %. NNIT’s progress is due to its major new customers, DSB and Arla, as well as greater involvement with existing customers.
”We are extremely proud of the results achieved by NNIT in 2012. Our focus on stable operations, quality and IT security has been a resounding success with both new and existing customers and, at the same time, we have succeeded in increasing our use of global sourcing. The result is IT services that are able to compete in terms of both price and quality – and the market has rewarded us for this in 2012,” says CEO Per Kogut, NNIT.
More Danish jobs
In 2012, NNIT increased the proportion of people it employs in its global sourcing centres in China, the Philippines and the Czech Republic from 20 % to 25 %. In China alone, the number of employees increased by more than 50 %. Currently, more than 500 of NNIT's 2,000 employees are based outside Denmark. Moreover, the company’s growth has created 133 new jobs in Denmark.
NNIT made some hefty investments in 2012. The new headquarters in Søborg, which the company moved into in February entailed massive costs for, for example, the migration of systems and servers to the new data centre. NNIT also invested in technology for the optimisation of operational stability and IT security. Despite the costs involved, NNIT achieved a profit ratio of 1.7 %.
The investments are based on NNIT’s desire to establish a robust business and ensure continued high quality even as the number of tasks and customers the company is winning is increasing rapidly.
A strategy process is now underway to set ambitious new goals for NNIT, which achieved its turnover target for 2014 in 2012 – two years early. NNIT also got closer to achieving its other strategic goals, including a 50/50 balance between turnover from the Novo Nordisk Group and from other customers. In 2012, the proportion of turnover from customers other than Novo Nordisk increased to 43 % of total turnover – equivalent to 4 percentage points.
NNIT is an international IT service provider offering IT consulting and the development, implementation and operation of IT solutions. We create value for our private and public sector customers by treating their IT as if it were our own. We use IT to support our customers’ daily operations and help them to achieve their business goals. Owned by Novo Nordisk, NNIT employs more than 2,200 people. In 2013, our turnover was DKK 2.2 billion.