Financial results for Q3 2024 released: A Challenging Third Quarter
A Challenging Third Quarter. Necessary Actions Taken to Improve Performance in 2024 and Long-term
Topics: Annual and interim reports
Financial results for Q2 2024 released
Solid organic growth of 11%, profitability continued to improve, and important strategic milestones reached.
Financial results for Q1 2024 released
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
NNIT's Sustainability Report 2023: Contributing our expertise and capabilities towards creating a sustainable future
Every year, alongside our annual report, we issue a Sustainability Report (COP report), outlining the progress and direction of our sustainability activities.
Financial results for Q4 and FY 2023 released: Improved business and financial performance
The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023.
Financial results for Q3 and 9M 2023 released: Solid revenue growth of 19%
The positive trajectory from the first half of 2023 continued through the third quarter. The improvement of performance is in line with the upgraded guidance provided in August and emphasizes the positive direction set with the new strategy.
New Corporate Sustainability Reporting Directive calls for a new approach
For the past many years, corporate sustainability work and reporting have been more or less ungoverned and unaudited (under the Non-Financial Reporting Directive). Soon, with EU’s Corporate Sustainability Reporting Directive (CSRD) coming into effect in January 2024, the scope of requirements will be significantly extended, impacting up to 50,000 European companies.
Financial results for Q2 and H1 2023 just released: Group revenue increased by 15%
NNIT completed the transformative divestment of its infrastructure operations to become a highly specialized IT services provider and generated growth and improved earnings entailing an upgrade of the 2023 outlook on August 26.
Trading Statement for the first three months of 2023 released
NNIT completed the carve-out and divestment of its infrastructure business on April 28. The Group delivered solid business performance, generating revenue growth of 16% (11% organic) to DKK 413 million in Q1 2023 and improved the operating profit margin significantly to 4.9% on the back of higher revenue and utilization.
NNIT's Sustainability Report 2022 - our contribution to a better tomorrow
Besides continuing our existing initiatives, 2022 included important extensions of our efforts, among which is our commitment in august to the Science Based Targets initiative, and a significant increase in our GHG Scope 3 reporting.
Financial report for 2022 just released: Guidance reinstated
NNIT set out to enable future growth in 2022 and launched strategic initiatives to unlock the Group’s full business potential as a specialized IT consulting business focused on the two core business areas of Life Sciences Solutions and Cloud & Digital Solutions with a strong and consolidated Global Delivery Center and streamlined operations.
Financial results for Q3 2022 just released: Execution on the carveout of the Group’s infrastructure business continues
NNIT continued to execute on the carveout of the Group’s infrastructure business and sustained the efforts to consolidate global delivery capabilities in Q3 2022 while seeing improved earnings in line with expectations.
Financial results for Q2 2022 just released: Temporary suspension of full-year outlook maintained
NNIT announced the transformative divestment of the Group’s infrastructure business, initiated the carve-out process and continued the efforts to consolidate global delivery capabilities in Q2 2022, which was marked by slower-than-expected sales performance. The temporary suspension of NNIT’s full-year outlook is maintained.
Financial results for Q1 2022 just released: Maintaining full-year outlook
In Q1 2022, NNIT saw a decline in revenue and earnings mainly due to a temporary decline in capacity utilization. Positively, a number of significant contracts were signed, and strategic initiatives progressed as planned. Outlook for the full-year is maintained.
Financial results for Q4 2021 just released: In line with expectations
In Q4, we saw continued strong growth within the Life Sciences International business while performance within the Private & Public segment remained weak. Once again, our Winning Solutions strategy gained traction, as it now constitutes 55% of NNIT’s revenue compared to 46% in the same period last year.
Financial results for Q3 2021 just released: Group revenue increase of 6.1% countered by lower profit margin
In Q3, we saw continued strong growth within the Life Sciences International business, and we strengthened this business further with the addition of SL Controls. Once again, our Winning Solutions strategy gained traction, as it now constitutes 54% of NNIT’s revenue compared to 46% in the same period last year.
Financial results for Q2 2021 just released: Group revenue up 1.3%
In Q2, we saw continued strong growth within the Life Sciences International business, and we strengthened this business further with the addition of SL Controls. Once again, our Winning Solutions strategy gained traction, as it now constitutes 52% of NNIT’s revenue compared to 44% in the same period last year.
Financial results for Q1 2021 just released: Group revenue up 1.2%
In Q1, we experienced continued strong growth within the International Life Sciences business, with Excellis performing to plan. Our Private & Public business started to see positive momentum in relation to the Winning Solutions strategy, which now constitutes 49% of NNIT’s revenue.
We’ve started a new chapter with our Corporate Responsibility Report 2020
In January, we published our Corporate Responsibility Report including the goals we reached in 2020, but more importantly, the report outlines how we will increase our focus on our responsibility in relation to our surroundings.
Interim financial report for Q4 2020/Annual Report just released
NNIT concluded 2020 in line with the financial guidance. Q4 contributed an organic double digit, profitable growth within the Life Sciences International business. The acquisition of Excellis positively added further growth.
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