Columbus (One-pager): Momentum continues in Q1 2024
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Yesterday, Columbus reported its Q1 2024 results, showing a good start to 2024 driven by high growth in its Cloud ERP business lines. The Columbus share has performed well in 2024, up approx. 44% YTD. Based on the Q1 2024 results and the recent share price development for both Columbus and the peer group of Nordic-listed IT consultancy companies, we have updated our investment case one-pager. The investment case one-pager highlights key investment reasons and risks, and also provides valuation perspectives.
On Wednesday 15 May 2024 at 11:00, Columbus’ CEO & President Søren Krogh Knudsen and Group CFO Brian Iversen will present the strategic and financial results and answer questions from the audience. Sign up and submit your questions via this link: https://www.inderes.dk/videos/columbus-presentation-of-q1-report-2024
Disclaimer: HC Andersen Capital receives payment from Columbus for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 11:00, 9 May 2024.
Columbus
Columbus er et globalt IT-services- og konsulentfirma, der specialiserer sig i digital transformation med fokus på produktions-, detailhandels- og distributions-, fødevare- og drikkevare- samt life science-industrierne. Med hovedsæde i Danmark og med kontorer og partnere på tværs af regioner rådgiver Columbus, implementerer og administrerer IT-løsninger inden for områder som Cloud ERP, Digital Commerce, Data & AI, Customer Experience & Engagement og Cyber Security.
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