reports
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: Business performance impacted by market undercetainty expect...
NNIT A/S: Business performance impacted by market undercetainty expected to continue. Mitigating actions taken to protect profitability Q1 2025 key highlights Financial performance for the first quarter was expected to be moderate, but macroeconomic and geopolitical uncertainty increased, which impacted NNIT. The uncertainty has influenced customer behavior, especially in the three regions focusing on IT Life Science solutions, where several projects have been postponed, most predominantly in Region Europe. Group revenue amounted to DKK 464.1m, entailing flat revenue growth compared with l...
NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures
NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures The first quarter financial performance was expected to be moderate, but the increased macroeconomic and geopolitical uncertainty has impacted NNIT to a larger extent than expected. Based on the realized results and the continued uncertainty, NNIT adjusts the 2025 financial outlook. Given the current uncertainty, organic revenue growth is expected to be 0% to 5% (previously 7% to 10%), which is due to postponement of projects and the sales pipeline materializing at a slower pace than planned as customers are hesitating to engage...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: Resolutions from the annual general meeting of NNIT A/S
NNIT A/S: Resolutions from the annual general meeting of NNIT A/S Today, NNIT A/S held its annual general meeting, at which the following were noted/approved: Financial year 2024 and 2025 The Chairman of the Board gave the Board of Directors’ report on the Company’s activities in the past financial year, especially highlighting: NNIT is now a highly specialized IT consultancy firm with a focus on Life Sciences internationally and the public sector in Denmark.Revenue growth has been higher than the market despite lowered financial expectations during the year.Several new customers have ...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: Notice convening the annual general meeting for NNIT A/S
NNIT A/S: Notice convening the annual general meeting for NNIT A/S The Board of Directors gives notice of the annual general meeting for NNIT A/S, company registration (CVR) no. 21 09 31 06 (the “Company”), to be held Thursday, March 13, 2025, 2:00 pm (CET) at Novo Holdings A/S, Tuborg Havnevej 19, DK-2900 Hellerup. The general meeting will for shareholders be webcasted live on the Company’s investor portal. It is not possible to vote or ask questions via webcast. The notice for the annual general meeting, including Appendix A: Candidates for (re-)election to the Board of Directors, is at...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: NNIT RELEASES ITS ANNUAL REPORT FOR 2024
NNIT A/S: NNIT RELEASES ITS ANNUAL REPORT FOR 2024 Annual Report 2024 2024 was the first full year as the new NNIT – an industry focused specialized IT consultancy focusing on Life Sciences internationally and the public and private sectors in Denmark. The Group continued to grow revenue organically and deliver a profit margin in line with the updated outlook for the year. 2024 key highlights Revenue grew by 7.1% (organic growth of 6.0%) to DKK 1,851 million. Despite facing challenges in various regions, especially in the third quarter, we ultimately achieved growth that surpassed the...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: Publication of financial estimates gathered from equity anal...
NNIT A/S: Publication of financial estimates gathered from equity analysts covering the NNIT share Today, NNIT has published financial estimates gathered from the four equity analysts covering the NNIT share ahead of the Q4/FY 2024 announcement scheduled for publication on February 18. The analyst estimates is available on NNIT’s investor site through this link: NNIT will host its webcast about the Q4/FY 2024 results on February 19 at 9:30 AM CET. Details can be found via this link: For more information, please contact: Investor RelationsCarsten RingiusEVP & CFOTel: Media Relations...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: A CHALLENGING THIRD QUARTER. NECESSARY ACTIONS TAKEN TO IMPR...
NNIT A/S: A CHALLENGING THIRD QUARTER. NECESSARY ACTIONS TAKEN TO IMPROVE PERFORMANCE IN 2024 AND LONG-TERM Q3 2024 key highlights Financial performance for the third quarter was unsatisfactory. Some areas of the business did not perform as initially planned in Region US and Region Europe which negatively impacted the performance. Organic growth was negative by 1.6% and total revenue growth was negative by 1.7%. In Q3 2023, Region DK revenue was impacted by a positive technical one-off due to the carve-out of around DKK 15m as a revenue accrual was released in the quarter despite being re...
NNIT A/S: Publication of financial estimates gathered from equity anal...
NNIT A/S: Publication of financial estimates gathered from equity analysts covering the NNIT share Today, NNIT has published financial estimates gathered from the four equity analysts covering the NNIT share ahead of the Q3 2024 announcement scheduled for publication on November 5. As a new practice, the estimates will be made available on NNIT’s investor site and announced one week before the quarterly announcement. The estimates can be found here: NNIT will host a webcast about the Q3 2024 announcement on November 6 at 9:30 CET. Details can be found via this link: For more informati...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
NNIT A/S: NNIT adjusts 2024 financial outlook
NNIT A/S: NNIT adjusts 2024 financial outlook NNIT adjusts the 2024 financial outlook and now expects organic revenue growth to be around 6-7% (previously around 10%) and the Group operating profit margin to reach 6-7% before special items (previously 8-9%) on the back of unsatisfactory performance in Q3. An uplift in Q4 is expected based on improved transparency and a solid backlog for the remainder of the year following recent important contract wins. Based on preliminary and unaudited financial figures, NNIT generated Q3 2024 Group revenue of DKK 445 million (2023: DKK 453 million) and...
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