Digia

Vores investeringsbetragtning er, at tilpasningsforanstaltningerne er en logisk fortsættelse af selskabets nye strategiperiode, hvor den indledende fase fokuserer på at forny og effektivisere driften. De årlige besparelser på 2-3 MEUR, der opnås med disse foranstaltninger, understøtter vores estimater for indeværende års resultat.

Digias sidste år og især Q4 var gode i lyset af tallene, især når man tager markedets modvind i betragtning. Selskabets guidance var en anelse forsigtig, hvilket kan forklares med front-loaded investeringer i den nye strategiperiode. Selskabets strategi er dog blevet implementeret solidt i 10 år, hvilket øger tilliden til, at den gode implementering vil fortsætte.

Digia offentliggør sin årsregnskabsmeddelelse torsdag den 5. februar 2026 kl. 15.00. Fokus i rapporten vil naturligvis især være på udsigterne for 2026, prioriteterne for den nye strategiperiode samt udbytteforslaget, som vi forventer vil stige fra året før.

The IT service sector's Q3 earnings season began with cautious optimism, as the market looked for signs of a gradual turnaround in the IT service market. Unfortunately, the sentiment remained mostly cautious.

In the rest of the Nordic countries, organic revenue development turned downward and profitability weakened in Q2. Thus, even applying the Rule of 20, the situation in the IT services market remains distinctly challenging, with only one company achieving good performance and two achieving satisfactory performance.

The IT service sector entered the Q2 earnings season in a cautious mood, albeit with expectations of a turnaround. In reality, however, the situation deteriorated even further, with revenue falling more than before and beyond our expectations and profitability remaining at a very low level.

We forecast that the company will continue its systematic strategy implementation, moderate organic growth in the coming years and accelerate growth through acquisitions. Currently, the focus is on internationalization, which was further strengthened by an interesting Polish acquisition.

The IT services sector's Q1 earnings season was still approached with a cautious mood, but this time the reason was Trump's tariff threats. Possible tariffs would not directly hit the IT services sector, but they would certainly have an indirect impact through customer caution.