Bli medlem
Bli medlem

Du är här


NNIT A/S: 1/2016 Financial report for 2015 and Annual General Meeting 2016

NNIT delivers organic revenue growth of 7.9%, an operating profit margin of
10.3% and free cash flow growth of 38% in 2015.

Performance highlights for 2015:

* Revenue increased by 7.0% in constant currencies to DKK 2,579m and by 7.9%
in reported currencies to DKK 2,600m
* Operating profit margin was 11.6% in constant currencies and 10.3% in
reported currencies. Reported operating profit was negatively impacted by
currency headwind
* Operating profit increased by 13.0% to DKK 300m in constant currencies and
operating profit in reported currencies increased by 1.4% to DKK 269m
reflecting a negative impact from currency development
* Net profit increased by 1.5% to DKK 212m in reported currencies mainly due
to a higher operating profit
* Free cash flow increased by 38% to DKK 211m driven by a strong operating
cash flow
* Order backlog for 2016 at the beginning of Q1 2016 increased by DKK 104m to
DKK 2,020m, corresponding to 5.4% compared with the order backlog for 2015
at the beginning of Q1 2015

Outlook for 2016 in constant currencies:

* Revenue in constant currencies is forecasted to grow at least 5%, and
revenue growth in reported currencies is expected to be at the same level
based on current exchange rates
* Operating profit margin is forecasted to be 10-11% in constant currencies,
whereas operating profit margin in reported currencies is expected to be
around 0.3pp higher based on current exchange rates

Per Kogut, CEO at NNIT comments:"In our first year as a listed company, the
performance has been reassuring
and we have delivered on our targets. Despite a competitive market and
currency headwinds, we have been able to deliver organic revenue growth of
7.9% and an operating profit margin of 10.3%.
Our encouraging results - including the strong increase in free cash flow of
38% - allow us to propose a dividend of DKK 4.00 per share corresponding to a
pay-out ratio 46% of net profit."

The Annual report 2015 is available

Conference call details

NNIT will host a teleconference January 27, 2016 at 10:30 CET about the
financial report for 2015. Please visit the NNIT webpage to
access the teleconference, which can be found under 'Investors - Downloads'.
Presentation material will be available on the website approximately one hour
prior to the start of the presentation.

Contacts for further information

Investor relations:
Jesper Vesterbæk Wagener
Head of Investor Relations
Tel: +45 3075 5392

Media relations:
Rikke Dalager
Head of Communications
Tel: +45 3077 8080

About NNIT

NNIT A/S is one of Denmark's leading IT service providers and consultancies.
NNIT A/S offers a wide range of IT services and solutions to its customers,
primarily in the life sciences sector in Denmark and internationally and to
customers in the public, enterprise and finance sectors in Denmark. As of
December 31, 2015, NNIT A/S had 2,538 employees.
For more information please

Financial report for 2015 and Annual General Meeting 2016


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NNIT A/S via Globenewswire


Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.