Today, NNIT signed a new contract with the Danish Agency for Labor Market and Recruitment (STAR) to be part of their ‘STAR City’ setup, responsible for the development and maintenance of STAR’s IT systems.
A Challenging Third Quarter. Necessary Actions Taken to Improve Performance in 2024 and Long-term
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.’
NNIT relocated to a new office space in Krakow, Poland, on September 1, and a grand opening was held on September 12.
Solid organic growth of 11%, profitability continued to improve, and important strategic milestones reached.
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.
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.
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
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’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.
Every year, alongside our annual report, we issue a Sustainability Report (COP report), outlining the progress and direction of our sustainability activities.
The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023.
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.
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.
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.
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.
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.
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).
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.
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.