Financial results for Q1 2024 released
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
NNIT’s Migration Powerhouse, renowned for its expertise in critical data migrations where compliance and accuracy are paramount, is proud to announce the launch of the latest iteration of its flagship software, Valiance TRUseries 5.0.
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.
The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023.
Everest Group has just released its Life Sciences Digital Services Specialists PEAK Matrix® Assessment 2024 (part of the Life Sciences Information Technology research program), and we are proud to announce that NNIT features among the Leaders.
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.
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 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.
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.
Today, NNIT has completed the transformative divestment of the Group’s infrastructure operations to funds advised by Agilitas Private Equity LLP.
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.
The NNIT Group provides a wide range of IT consulting services internationally. In Denmark, where the Group HQ is based, we are one of the leading IT consultancies, servicing both private and public sector customers across all industries. In the rest of Europe, Asia and USA, we are solely focused on companies within life sciences.