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.

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).

In the rest of the Nordic countries, organic revenue development turned upwards and profitability was at a reasonably good level in Q2.

Following the release of the Q2 2024 report yesterday, we today had the pleasure of hosting an event with Columbus' CEO & President Søren Krogh Knudsen and Group CFO Brian Iversen, who presented the Q2 2024 results and answered questions from the audience.

Columbus expects to announce its interim report for Q2 2024 on 22 August 2024. The following day on 23 August 2024 at 13:00, Columbus’ CEO & President Søren Krogh Knudsen and CFO Brian Iversen will present the results and main achievements in Q2 2024 in an online live event.

Following the release of the Q2 2024 results, we sat down with Columbus' CEO & President Søren Krogh Knudsen to take a closer look at the quarter. We discussed the good momentum behind the topline despite challenging market conditions, the outlook for the rest of the year, and how their new strategy period, which nearly aims to double the EBITDA margin, is performing.

Today, Columbus reported its Q2 2024 report. The company’s revenue growth of 9% YoY (8% growth adjusted for acquisitions and currency) was in line with expectations, driven by a strong performance in its Cloud ERP business lines. Despite an improved EBITDA margin of 7.0% in Q2 2024 (4.6% in Q2 2023), Columbus has streamlined its organization to reach its EBITDA margin goal in 2026. Columbus' 2024 expectations are maintained.

Today, Columbus’ CEO & President Søren Krogh Knudsen and CFO Brian Iversen presented the results and business highlights from the first quarter of 2024, and what to expect for for the rest of 2024.

Columbus expects to release its first-quarter results on 8 May 2024. On 15 May 2024 at 11:00, Columbus’ CEO & President Søren Krogh Knudsen and CFO Brian Iversen will present the results and answer questions from the audience.

This morning, Columbus reported its Q1 2024 results, showing a good start to 2024. Read more about the results and sign up for a virtual live event with the management next week.