Copenhagen - Delayed Quote ? DKK NNIT A/S (NNIT.CO) Follow Compare 104.80 -0.40 (-0.38%) At close: 4:59 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations NNIT A/S: NNIT adjusts 2024 financial outlook NNIT adjusts the 2024 financial outlook and now expects organic revenue growth to be around 6-7% (previously around 10%) and the Group operating profit margin to reach 6-7% before special items (previously 8-9%) on the back of unsatisfactory performance in Q3. An uplift in Q4 is expected based on improved transparency and a solid backlog for the remainder of the year following recent important contract wins. Based on preliminary and unaudited financial figures, NNIT generated Q3 2024 Group reven GlobeNewswire ? 8 days ago NNIT.CO -0.38% NNIT A/S: ATP choses NNIT as new supplier of business-critical SAP system As referred to in the Company Announcement 05/2024, Interim Financial Report Q2 2024 on August 26, NNIT was close to signing a large important strategic contract. NNIT has entered into a contract with ATP (Udbetaling Danmark) for the delivery of their critical SAP Debtor system. Udbetaling Danmark is the authority responsible for the collection, disbursement, and control of a number of public benefits. – e.g., state pension and housing benefits. The contract will initially run for six years with GlobeNewswire ? 30 days ago NNIT.CO -0.38% NNIT A/S: Reporting of transactions in NNIT’s shares made by person discharging managerial responsibilities NNIT has pursuant to article 19 of the Market Abuse Regulation received notification of transactions by person with managerial responsibilities in NNIT. Reference is made to the attached table showing detailed information about the transactions. Contact for further information Carsten RingiusEVP & CFOTel: +45 3077 [email protected] Media relationsTina Joanne HindsboMedia Relations Manager Tel: +45 3077 [email protected] NNIT is a leading provider of IT solutions to life sciences internationally, GlobeNewswire ? last month NNIT.CO -0.38% Correction: NNIT A/S: SOLID ORGANIC GROWTH OF 11%, PROFITABILITY CONTINUED TO IMPROVE, AND IMPORTANT STRATEGIC MILESTONES REACHED Correction: The two metrics “Earnings per share” and “Diluted earnings per share” were incorrectly stated for 6M 2024 in the Q2 2024 interim financial report, company announcement 05/2024. The correct “Earnings per share” is DKK 1.41 and “Diluted earnings per share” is DKK 1.41 as of 30th June 2024. An updated version of the interim financial report is attached. Q2 2024 key highlights Financial performance continued to improve during the second quarter with organic growth at 11.0% meaning NNIT i GlobeNewswire ? 2 months ago NNIT.CO -0.38% NNIT A/S: SOLID ORGANIC GROWTH OF 11%, PROFITABILITY CONTINUED TO IMPROVE, AND IMPORTANT STRATEGIC MILESTONES REACHED Q2 2024 key highlights Financial performance continued to improve during the second quarter with organic growth at 11.0% meaning NNIT is capturing market share, specifically in Denmark and Europe. Growth was seen across all regions, with the exception of Region US, which continued to be negatively impacted by the temporary decline in the data migration business, despite gradual improvements.Group operating profit margin excluding special items ended at 6.7%, which is an 0.8%-point increase compa GlobeNewswire ? 2 months ago NNIT.CO -0.38% NNIT A/S: NNIT signs its largest contract in the US worth approx. DKK 130m In August 2024, NNIT entered into an agreement with an existing large pharma customer in Region US to deliver strategic consulting services in the areas of Quality & Computer System Validation support. NNIT will start to deliver on the project during the third quarter. The contract will run for three years and is worth approx. DKK 130m with the possibility of extension. Greg Cathcart, Senior Vice President of Region US, says: “We are very pleased to have landed the largest contract ever in the U GlobeNewswire ? 2 months ago NNIT.CO -0.38% NNIT A/S: Sale of Vendor Loan Note With reference to company announcement 9-2022, NNIT announces that it has engaged in a related party transaction involving the sale of a vendor loan note to Novo Holdings A/S issued in connection with the divestment of Aeven. The vendor loan note of DKK 200 million with accrued interest was sold to Novo Holdings A/S at a book value of DKK 221 million, with an effective date of July 1, 2024, and has been paid in full. Novo Holdings A/S is a major shareholder of NNIT, currently holding indirectly GlobeNewswire ? 3 months ago NNIT.CO -0.38% NNIT A/S: REVENUE GROWTH OF 12.2% AND 5.2% OPERATING MARGIN. FULL-YEAR FINANCIAL OUTLOOK IS MAINTAINED Q1 2024 key highlights The first quarter results were as planned on an overall level. Organic revenue growth of 8.0% driven by Region Denmark and Region Europe partly offset by Region US and Region Asia. The performance of our downscaled Region Asia was impacted by continuing headwind and not as expected. Total revenue growth was 12.2% compared with last year.The group operating profit excluding special items increased from DKK 20m in Q1 2023 to DKK 23.9m in Q1 2024, equal to a group operating p GlobeNewswire ? 5 months ago NNIT.CO -0.38% NNIT A/S: Resolutions from the annual general meeting of NNIT A/S Today, NNIT A/S held its annual general meeting, at which the following were noted/approved: Financial year 2023 and 2024 The Chairman of the Board gave the Board of Directors’ report on the Company’s activities in the past financial year, especially highlighting: launch of the new strategy for the Company with focus on Life Science internationally as well as the public and private sector in Denmark,the divestment on April 28, 2023 of the Company’s infrastructure operation, also called the IO Bu GlobeNewswire ? 7 months ago NNIT.CO -0.38% NNIT A/S: Notice convening the annual general meeting for NNIT A/S The Board of Directors gives notice of the annual general meeting for NNIT A/S, company registration (CVR) no. 21 09 31 06 (the “Company”), to be held Thursday, March 14, 2024, 2:00 pm (CET) at NNIT A/S, ?stmarken 3A, DK-2860 S?borg. The general meeting will for shareholders be webcasted live on the Company’s investor portal. It is not possible to vote or ask questions via webcast. The notice for the annual general meeting, including Appendix A: Candidates for (re-)election to the Board of Direc GlobeNewswire ? 8 months ago NNIT.CO -0.38% NNIT A/S: Annual Report 2023 NNIT launched the New Beginning strategy in 2023 to position the company as a pure-play IT consulting business highly specialized in global life sciences and the public sector in Denmark and focusing on organic and acquisitive growth combined with efficiency enhancements. The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023. 2023 key highlights Revenue grew by 15.2% (organic growth of 10.8%) to DKK 1,728 millio GlobeNewswire ? 8 months ago NNIT.CO -0.38% NNIT A/S: Change in Board of Directors As employee-elected member Anders Vidstrup is leaving NNIT effective December 12, 2023, he is succeeded by alternate Frederik Sparre Willumsen as employee-elected member of the Board of Directors. Contact for further information Carsten RingiusEVP & CFOTel: +45 3077 [email protected] Media RelationsTina Joanne HindsboMedia Relations ManagerTel: +45 3077 [email protected] NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and enterprise sectors in Denma GlobeNewswire ? 10 months ago NNIT.CO -0.38% NNIT A/S: Financial calendar 2024 NNIT hereby announces its financial calendar for 2024: January 31, 2024 Deadline for shareholder proposals for the Annual General MeetingFebruary 19, 2024 Annual Report 2023March 14, 2024 Annual General MeetingMay 7, 2024 Results for the first three months of 2024August 26, 2024 Results for the first six months of 2024November 5, 2024 Results for the first nine months of 2024 Contact for further information Carsten RingiusEVP & CFOTel: +45 3077 [email protected] Media Relations Tina Joanne Hinds GlobeNewswire ? 11 months ago NNIT.CO -0.38% NNIT A/S: POSITIVE MOMENTUM CONTINUES. NNIT CONFIRMS FULL-YEAR FINANCIAL OUTLOOK Q3 2023 key highlights The positive trajectory from the first half of 2023 continued through the third quarter. The improvement of performance is in line with the upgraded guidance provided in August and emphasizes the positive direction set with the new strategy.Solid revenue growth of 19% to DKK 453m compared to Q3 2022 driven by more business with existing customers and new logos.The group operating profit before special items increased to DKK 26m, equal to a group operating profit margin of GlobeNewswire ? 11 months ago NNIT.CO -0.38% Performance Overview Trailing total returns as of 10/30/2024, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index Return NNIT.CO OMX Copenhagen 25 Index YTD +24.61% +5.36% 1-Year +30.19% +20.28% 3-Year -13.39% -2.67%
