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Columbus’ financial results for 2017 show a successful execution of Columbus2020 with 2% revenue growth and 18% growth in result after tax.

Copenhagen, 15 March 2018: With a revenue growth of 2% (DKK 1.2bn), an EBITDA* growth of 3% (DKK 149m) and an increase in result after tax of 18% (DKK 96m) Columbus delivered a satisfactory execution of the Columbus2020 strategy in 2017 which was about customer satisfaction, cloud conversion and innovation.

”We are satisfied with the result for 2017 where we grew our business while developing and selling a range of new cloud-based solutions helping our customers in the digital transformation. The result has shown that Columbus can deliver on our vision about growth and innovation in a rapidly changing market”, says CEO & President in Columbus, Thomas Honoré.

The revenue growth was primarily driven by the emerging cloud business, growth in the services business and acquisitions made in 2016 and 2017. The increase in EBITDA was primarily driven by improvement in profitability in the services business, which increased by 19%.

”I am especially satisfied with the development in the sale of Columbus Care services which grew by 43%. As customers’ applications run in the cloud secure operation becomes an even more important competitive advantage for us - and that is exactly what Columbus Care ensures. Combined with our industry competence and cloud business applications we can offer our customers a very strong solution portfolio”, says Thomas Honoré.

Successful execution of Columbus2020
In 2017, Columbus continued the execution of Columbus2020 as planned. In 2017, Columbus had special focus on improving customer satisfaction and customer loyalty, and during the year the number of loyal customers has increased considerably. During 2017, Columbus launched a range of new services within Application Management and Infrastructure Management which means that now Columbus can support the customer’s total application and it-infrastructure. With the conversion of Columbus’ software portfolio to cloud-based solutions and development of new cloud services, Columbus is among the market leaders in implementing and supporting cloud-based business applications.

Columbus’ acquisition of iStone increases revenue by 50%          
Columbus entered 2018 by completing the acquisition of the Nordic IT services company iStone thus in one stroke increasing revenue by 50%. With the acquisition of iStone, Columbus enters the Swedish market and at the same time becomes market leading within business applications and IT services to key industries in the Nordic region. iStone adds mores that 600 highly skilled employees in offices across 12 countries to Columbus, and Columbus hereby expands its global foot print.

Columbus adjusts the long-term expectations
With the acquisition of iStone and HiGH Software (2 January 2018) Columbus enters 2018 with a range of new opportunities to grow the business, while taking a large step in reaching the financial objectives for 2020. The acquisition of iStone means that Columbus will focus on growing the organic business and expects to deliver a compounded organic revenue growth of 3-5% af year. Furthermore, Columbus expects to deliver an EBITDA margin of 11% towards 2020. In 2018, Columbus expects a revenue in the level of DKK 2bn and EBITDA* in the level of DKK 200m.

“2018 will be an exciting year for Columbus where a successful integration of iStone is an important priority. Columbus and iStone are a perfect match both business wise and culturally, and together we will create even more value for our customers. At the same time, we will continue developing our business with new innovative solutions and services that help our customers in the digital transformation,” says Thomas Honoré.

Columbus2020 – aiming for growth
In March 2016, Columbus announced the five-year strategy Columbus
2020 with the clear goal of being the preferred business partner helping our customers increasing the value of their business application investment and leading them in the digital transformation of their business. Columbus2020 focuses on four strategic elements; Customer Success, Digital Leadership, Process Excellence and Our People.

Press Contact
Communications Director
Tine Rasmussen
tra@columbusglobal.com
+45 29 69 06 77

*EBITDA before share based payment

Link to Annual Report

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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. Copenhagen, 23 August 2018: With revenue increase of 52% (DKK 978m) and EBITDA* growth of 40% (DKK 99.6m) Columbus delivered a strong first half. The revenue growth was primarily driven by the acquisition of iStone which Columbus announced on 2 January 2018 and secondarily by the acquisition of HiGH Software on 9 January 2018. The increase in EBITDA* was also driven by the mentioned acquisitions. ”Columbus delivered strong growth in the first half of the year, where we showed progress in a range of our strategic business areas such as Columbus Software, Columbus Care and cloud services while completing a historic acquisition of iStone. iStone is our largest acquisition ever and I am very satisfied with the integration process where we experience many synergies across customers, solutions and deliveries”, says CEO in Columbus, Thomas Honoré.   Strong progress in the sale of Columbus Software The sale of Columbus Software grew by 37%. Both the sale of Columbus’ existing software portfolio and HiGH Software’s portfolio within rental and leasing solutions increased. The conversion to cloud continues and the sale of Columbus’ own software products shows great progress in a growing market.   iStone drives the growth in the services business The service revenue increased by 74% in the first 6 months (DKK 751m). The growth is primarily driven by the acquisition of iStone and HiGH Software and secondarily by great progress in Columbus Care services. Columbus Care ensures high availability of the critical applications and infrastructure in the business and is an area with strong increasing demand from Columbus’ customers.   Increase in recurring revenue In the first 6 months recurring revenue increased by 24% now constituting 22% of the total revenue in Columbus. The progress was primarily driven by the acquisitions, growth in Columbus Care and cloud-services. Recurring revenue is based on a long-term customer relation and consists of Columbus Software subscriptions, external software licenses, cloud and Columbus Care contracts.   Columbus maintains expectations to 2018 Columbus maintains the announced expectations to 2018 with a revenue in the level of DKK 2bn and EBITDA* in the level of DKK 200m.   *EBITDA before share-based payment   Read the Interim Report here Columbus2020 – aiming for growth Columbus is half way through our five-year strategy Columbus2020 which support Columbus’ vision of being the preferred service provider of digital business solutions globally. Columbu2020 focuses on four strategic elements: Customer Success, Digital Leadership, Process Excellence and Our People.   About Columbus Columbus is a listed international IT services and consulting company with 2,000 employees headquartered in Denmark serving customers worldwide. Columbus helps ambitious companies transform, maximize and futureproof their business digitally. We are experts within the industries retail, food, distribution and manufacturing. We’ve proved this through more than 28 years of experience in the industry. Columbus has offices and partners all around the world. www.columbusglobal.com   Press Contact Communications Director Tine Rasmussen tra@columbusglobal.com +45 29 69 06 77
Columbus started the year with revenue growth of 51% and growth in EBITDA* of 75%. The acquisition of iStone drives growth. Copenhagen, 24 April 2018: With a revenue growth of 51% (DKK 469m), EBITDA*growth of 75% (DKK 51m) and a growth in the result before tax of 92% (DKK 32m) Columbus delivered a strong start to the year. The revenue growth was primarily driven by the acquisition of iStone, which Columbus announced 2 January 2018 and secondarily of the acquisition of HiGH Software 9 January 2018. The increase in EBITDA is also driven by the mentioned acquisitions.
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. Copenhagen, Denmark – 9 January 2018 – Columbus (OMX:COLUM): Today, Columbus  has entered into an agreement acquiring the Dutch company HiGH Software, a market leader within rental and lease management solutions for equipment-driven industries. The acquisition of HiGH Software is a strategic move that enables Columbus to drive further innovation and growth within the growing market for equipment rental and leasing across industries.
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. Copenhagen, 2 January 2018:  Columbus and iStone join forces and become market leading in the Nordic region within business applications and e-commerce. iStone, which is a leading IT services company within business applications and e-commerce solutions in Sweden and Norway adds more than 600 highly skilled employees to Columbus positioning Columbus as market leading 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. Copenhagen 30 November 2017: Today, Columbus (OMX: COLUM) announces a conditional 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.  
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