Columbus is a global IT services and consulting company, specializing in digital transformation with a focus on the manufacturing, retail & distribution, food & beverage, and life science industries. Headquartered in Denmark and with offices and partners across regions, Columbus advises, implements, and manages IT solutions within areas such as Cloud ERP, Digital Commerce, Data & AI, Customer Experience & Engagement, and Security.
Yesterday, we hosted an event with Columbus' CEO & President Søren Krogh Knudsen and Group CFO Brian Iversen, who presented the Q3 2024 results and the outlook for 2024. The management presentation was followed by a Q&A session. Watch the recording here.
Columbus expects to announce its Q3 2024 report on 5 November 2024. On 7 November 2024 at 15:00, Columbus’ CEO & President Søren Krogh Knudsen and CFO Brian Iversen will present the results and answer questions from the audience in an online live event.
We sat down with Columbus' CEO & President Søren Krogh Knudsen to take a closer look at the third quarter 2024 results. We discussed the continued growth momentum despite general challenges in the IT service sector, the improvement in the EBITDA margin as well as the outlook and maintained guidance for 2024.
Yesterday, Columbus reported its Q3 2024 results. Columbus grew revenue by 8% (6% organic growth) and improved its EBITDA margin to 7.9%. The company maintained its 2024 guidance. Columbus is well-positioned in the IT services sector with its exposure to business-critical ERP solutions despite general challenges across the IT services sector. This is shown by Columbus' double-digit YoY revenue growth rates in 2024 (YTD) in its two largest business lines, Dynamics and M3. We have updated our investment case one-pager after the Q3 2024 results, including an updated overview of the peer group of Nordic-listed IT services and consultancy companies.
This morning, Columbus reported its Q3 2024 results, maintaining its 2024 guidance. In Q3 2024, revenue growth was 8% (6% organic growth), driven by its Dynamics (8% YoY) business area and especially also high growth in Data & AI (23% YoY) and CXE (23% YoY). In Q3 2024, the EBITDA margin improved to 7.9% (from 6.0% in Q3 2023).
Vi har i denne episode af Aktier i Vælten set nærmere på de danske IT- og softwarekonsulenter. Vi har ikke set alle Q3 2024 regnskaber endnu, men vi har set nogle regnskaber og justeringer af guidance, hvor vi har fået et indblik i, hvordan det står til i sektoren. I videoen dykker vi ned i vindere og tabere på tværs af sektoren år-til-dato.
In this deep dive event, we delve into Columbus’ largest business segment – Microsoft Dynamics. This deep dive will explore how Columbus delivers value to its customers, provide insights into the business model, and highlight the market potential within the evergreen cloud environment. The event takes place on 29 October at 14.00.
Presenters will be Columbus’ CEO & President Søren Krogh Knudsen and COO Ole Fritze, and this event also provides the opportunity to ask questions to the management team.
Columbus var tidligere på ugen repræsenteret af selskabets CEO & President Søren Krogh Knudsen på et HCA investorseminar. Udover en generel introduktion til selskabets forretningsmodel og markeder var der særligt fokus på Columbus' strategiske udvikling over de seneste år samt ’New Heights’-strategien frem mod slutningen af 2026. Med finansiel fleksibilitet har Columbus nu råderum til at foretage større opkøb, der er fokuseret omkring selskabets kerneområder og markeder.