Columbus had a good start to the year with organic growth of 7%. Especially the services business showed progress, including sales of Columbus Care and new business areas such as Analytics & BI, Customer Experience and M3.
Ballerup, 30 April 2019: Columbus delivered a revenue growth of 3% (DKK 482m) which isolated from last year’s sale of the SAP ERP business unit constituted an organic growth of 7%. EBITDA increased by 19% from DKK 50.6m and net result before tax increased by 11% to DKK 35.7m.
The revenue growth was primarily driven by progress in the services business where especially Columbus Care (Application Management) delivered a growth of 14% as well as progress in the business areas M3 and Commerce. In addition, the sale of external software contributed with a growth of 7%.
”We are satisfied with the results for the first quarter for the year, where we delivered a good organic growth of 7%, while we continue to invest in a range of new strategic initiatives which will drive the continued growth in Columbus”, says CEO in Columbus, Thomas Honoré.
Progress in The 9 Doors to Digital Leadership®
Columbus’ new innovative solutions and services portfolio; The 9 Doors to Digital Leadership® showed strong progress in the first quarter, where especially the areas Analytics & BI, Customer Experience and Columbus Care (Application Management) moved fast.
The 9 Doors to Digital Leadership® means that Columbus can deliver “end-to-end” digital solutions that helps the customers maximize, transform and futureproof their business digitally”.
In today’s complex business and IT landscape, companies increasingly seek fewer, but more strategic business partners to assist in the strategic development of digitization. Therefore, an end-to-end solution portfolio that addresses the customers’ entire demands ranging from analytics over customer experience solutions to application and infrastructure management are essential for companies in order to reach their goals for a sustainable and growing business.
Expectations for 2019
Columbus’ primary goal is to deliver growth by selling solutions from The 9 Doors to Digital Leadership®. The Group will continue to have a strong focus on developing and selling ERP-services while extending the portfolio with new solutions. The expectations for 2019 is a revenue in the range of DKK 2bn and EBITDA in the level of DKK 240m.
Columbus is a listed international IT service and consultancy headquartered in Denmark and more than 2,000 employees worldwide. Columbus helps ambitious companies transform, maximize and futureproof their business digitally. We are specialized within the industries food, manufacturing, distribution and retail and we have more than 29 years of experience in the industry. Columbus has offices and partners all over the world and we can therefore deliver our solutions and services locally – on a global scale.
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