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Columbus – Presentation of interim report Q2 2024

Af Kasper LihnHead of Research
Columbus

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Columbus expects to announce its interim report for Q2 2024 on 22 August 2024. The following day on 23 August 2024 at 13:00, Columbus’ CEO & President Søren Krogh Knudsen and CFO Brian Iversen will present the results and main achievements in Q2 2024 in an online live event.

Looking at the Q1 2024 results, Columbus came off to a good start in 2024, growing revenue by 14% YoY (11% growth adjusted for acquisitions and currency). EBITDA was DKK 55m (including a net gain of DKK 20m from the settlement of the M3CS legal case), corresponding to an EBITDA margin of 12.4% (7.9% adjusted for the M3CS legal case). Columbus maintained its 2024 guidance based on its pipeline and order backlog. In 2024, organic revenue growth is expected to be in the range of 8-10%, and the EBITDA margin is expected to be in the range of 9-10%.

Columbus is a Danish-listed global IT services and consulting company, specializing in digital transformation with a main focus in the manufacturing, retail & distribution, food & beverage, and life science industries. The Columbus share is listed on Nasdaq Copenhagen (Ticker: COLUM).

Disclaimer: HC Andersen Capital receives payment from Columbus for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn, 10.38 on 6 August 2024.

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