Interim Report H1 2021
Release no. 31/2021
A solid second quarter
”We are satisfied with the result for Q2 and the first 6 months overall. Columbus has reached the first milestones in executing the Focus23 strategy, comprising the re-organization of the company in a new customer focused matrix structure. It is time to unleash the full potential of our skilled employees, relevant end-to-end solutions and the increasing demand for digitalization services”, says CEO and President Søren Krogh Knudsen.
Financial highlights for the period 1 January to 30 June 2021
All numbers and comments in the H1 report are on the continued business, thus excluding the divested entities To-Increase and Baltics.
|DKKm||Q2 2021||Q2 2020||∆%||H1 2021||H1 2020||∆%|
|Adjustment of provision for loss making contract||0||2||-100%||0||6||-100%|
|DKKm||Q2 2021||Q2 2020||H1 2021||H1 2020||2020|
|Sale of services|
|Data & Analytics||8||6||13||12||24|
|Customer Experience & Engagement||7||7||16||13||24|
|Other Local Business||19||19||39||37||72|
|Total sale of services||348||324||698||693||1,261|
|Sale of products|
|Data & Analytics||0||0||1||1||1|
|Customer Experience & Engagement||1||0||1||1||3|
|Other Local Business||9||11||16||19||35|
|Total sale of products||78||78||149||166||317|
|Total net revenue||426||402||847||859||1,578|
Performance highlights for Q2 2021:
- Revenue increased by 6% in Q2 2021 to DKK 426m (Q2 2020: 402m)
- EBITDA increased by 12% in Q2 2021 to DKK 31m (Q2 2020: DKK 28m)
- Profit before tax increased by 14% to DKK 13m (Q2 2020: 12m)
- Customer hours increased from 55% to 59%
- Extraordinary dividend pay-out of DKK 6 per share, amounting to DKK 776m in total.
Outlook for 2021
Columbus maintains outlook for 2021:
- Revenue is expected to be in the range of DKK 1,650m and DKK 1,800m.
- EBITDA is expected to be in the range of DKK 125m and DKK 150m.
Live webcast and conference call
Columbus is hosting a live webcast and conference call on 18 August 2021 at 13:00 CET. The webcast is hosted by CEO & President Søren Krogh Knudsen and Corporate CFO Hans Henrik Thrane.
Webcast: Please login to the webcast via Columbus’ investor site where you can follow the presentation and submit your written questions during the call: https://ir.columbusglobal.com/calendar-and-events
Conference call: It will be possible to raise a question during the presentation. Dial in details:
- Denmark: +45 32 72 04 17
- UK/International: +44 (0) 2071928338
- USA: +1 6467413167
- Conference-ID: 2758791
Please dial in a few minutes before to allow time for registration of name and company.
For further information, please contact:
- Hans Henrik Thrane, Corporate CFO, HHT@columbusglobal.com, +45 7020 5000
- Tine Rasmussen, Communication Director, TRA@columbusglobal.com, +45 2969 0677
Columbus is a global digital consultancy headquartered in Denmark. For +30 years, we have helped more than 5,000 ambitious companies transform, maximize, and futureproof their business digitally. Columbus employs more than 1,800 digital advisors and consultants focused on the manufacturing-, retail & distribution-, and food & process industries. We offer end-to-end digital services and solutions within Strategy & Change, Cloud ERP, Data & Analytics, Application Management, Digital Commerce, and Customer Experience. Columbus has offices and partners all over the world and we deliver our solutions and services locally – on a global scale. Columbus A/S is listed on Nasdaq Copenhagen – COLUM
For more information visit www.coloumbusglobal.com.