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NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures

GlobeNewswire LogoGlobeNewswire20h ago

NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures - GlobeNewswire

Quick Summary:

Financial figures, DKK millionQ1 2025Q1 2024FY 2024GROUP   Revenue464463 1,851Group operating profit excl.special items1824117Group operating profit margin excl.special items3.9%5.2%6.3%Special items25-1169    REGION EUROPE   Revenue119126512Regional operating profit121467Regional operating profit margin10.0%11.2%13.0%    REGION US   Revenue8793346Regional operating profit261873Regional operating profit margin30.4%19.0%21.2%    REGION ASIA   Revenue3732149Regional operating profit3-28Regional operating profit margin7.6%-5.3%5.2%    REGION DENMARK   Revenue221212844Regional operating profit3348151Regional operating profit margin15.1%22.6%17.9% Despite the adjustment of expectations for organic growth, NNIT maintains expectations for the Group operating profit margin excl.special items to reach 7% to 9%.

Expectations for the Group operating profit margin excluding special items are maintained at 7% to 9% as NNIT is significantly reducing its cost base by adjusting capacity and lowering general spending across regions and on corporate level.

Group operating profit excl.special items was DKK 18m (Q1 2024: 24m), equal to a margin of 3.9% (Q1 2024: 5.2%).

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Article Details

Author / Journalist: NNIT A/S

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 09:40:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28394251

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News Last Updated: 8 hours ago

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