Columbus continues the progress and delivers revenue growth of 52% and growth in EBITDA* of 40% in the first 6 months. The acquisition of iStone and HiGH Software and sale of Columbus Software drive the growth.
Columbus acquires HiGH Software, a market leader within rental and lease management solutions for equipment-driven industries. Columbus hereby strengthen its market position within the manufacturing and services industry focused on equipment rental and leasing.
With acceptance from all 238 shareholders in iStone representing 100% of the share capital Columbus completes the acquisition of iStone. Columbus hereby enters the Swedish market and at the same time occupies a market leading position within e-commerce in the Nordic region.
Today, Columbus has submitted an offer to buy 100% of the shares in iStone, a leading it-services company within business applications and e-commerce solutions in Sweden and Norway. Columbus hereby enters the Swedish market and at the same time occupies a market leading position within selected industries in the Nordic region.
Columbus starts 2017 with a solid first quarter. With a revenue growth of 13% and growth in earnings of 14%, the global IT Services company continues its positive development for the fifth consecutive year.