Interim report Q1/ 2004
Interim report Q1/ 2004
May 14, 2004 at 12:00 AM EDT
Stock Exchange Release no. 9 - Interim report for Q1/ 2004 14 May 2004 Columbus IT Partner A/S - Banemarksvej 50C - DK-2605 Brøndby T: (+45) 7020 5000 - F: (+45) 7025 0701 Co. Reg.: 13228345 Improvement in EBITDA for Q1/ 2004 • Columbus IT Partner's revenues in Q1/2004 totaled DKK 134.3m (DKK 133.4m in 2003). • Operating profit (EBITDA) for the period was DKK 5.2m (DKK 2.4m in 2003). • Results before tax were a deficit of DKK -2.7m compared to DKK -8.2 in 2003. • At the end of the quarter, Columbus IT Partner had a staff of 825, up 17 on the same period in 2003. • Columbus IT Partner won a series of new orders in Q1 for such companies as GEA, SIKA and Linak as well as a sizeable supplementary order for Georg Jensen, which serves to confirm the policy of concentrating on international customers. • The forecast for 2004 continues to be for revenues of approx. DKK 625m, EBITDA of DKK 30m and modest pretax profits. Niels Heering Carsten Dilling Chairman of the Board Chief Executive Officer Columbus IT Partner A/S Columbus IT Partner A/S For further information, please contact: Carsten Dilling, CEO or Jan U. T. Bitterhoff, Business Development Executive, T: (+45) 7020 5000.