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
Categories: strategy
NNIT’s Region Denmark Maintains Strong Public Sector Focus and Momentum
Outside Denmark, NNIT is a highly specialized IT consultancy focusing on life sciences only. In Denmark, NNIT also caters to other industries – with special focus on the public sector. What we call ‘IT solutions developed for people by people.’
Welcome to NNIT’s New Space in Krakow, Poland
NNIT relocated to a new office space in Krakow, Poland, on September 1, and a grand opening was held on September 12.
Financial results for Q2 2024 released
Solid organic growth of 11%, profitability continued to improve, and important strategic milestones reached.
NNIT in Switzerland Relocates to New Modern Office in the Center of Basel
After more than 14 years at the same location in Switzerland, NNIT has relocated to Grosspeter Tower, an impressive 21-storey structure in the city of Basel.
Digital Transformation is key to Growth in a Challenged European Life Sciences Market
The life sciences market in Europe is idling – even hesitant – following the macro-economic and geo-political hits of war, energy crisis, inflation, increasing interest rates and increasing EU regulation. But Ricco Larsen, Senior Vice President of Life Sciences Europe at NNIT, remains positive based on a firm belief in the resilience of the industry.
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 reinforces AI focus and investments by anchoring regional business units in new global structure led by Director Sam Laermans
A new global structure dedicated to AI and led by Director Sam Laermans has been created to ensure unity, best practice, and maximum utilization of expertise and resources across our four regional AI business units.
NNIT will move to new HQ during the summer of 2024
NNIT’s headquarters will be relocating from Oestmarken 3A in Soeborg to Weidekampsgade 14 in downtown Copenhagen to become better connected to customers and partners and provide employees with a more inviting and open office environment.
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.
Catalyst for Continuous Growth in the US
As NNIT expands its presence in the United States, particularly with the anticipated integration of Excellis Health Solutions (Excellis), Greg Cathcart, Head of Excellis, will assume the lead role of Senior Vice President to accelerate growth and advance the market position in the US.
Change in Mangement
Having relaunched NNIT with a new strategy, and as part of that completed the transformative divestment of the infrastructure operations, we are now introducing a change to Group Management as Executive Vice President Pernille Fabricius has decided to leave NNIT end of November 2023 to pursue opportunities outside NNIT.
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.
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.
Christian Staalby joins NNIT as new Head of SAP
NNIT’s SAP unit is now headed by Christian Staalby who has spent most of his career either working with or being employed by SAP.
Ebbe B. Petersen is NNIT’s new Chief Information Security Officer
Following the recent emergence of NNIT as an international IT consulting business focusing on life sciences internationally and the public and enterprise sectors in Denmark, NNIT has appointed a new Chief Information Security Officer (CISO).
New General Managers in the Philippines and Czech Republic
Following the divestment of our former infrastructure operations, two new general managers have been appointed to head up our service delivery centers in the Philippines and Czech Republic.
Introducing a new NNIT management team
NNIT presents a new NNIT management team – following the divestment of its infrastructure operations and launch of a revised strategy to support the new beginning as an international IT consultancy business.
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.
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