The overall financial performance in Q1 2025 shows flat growth due to a challenging start to the year.
NNIT’s Q1 2025 financial performance was expected to be moderate, but the increased macroeconomic and geopolitical uncertainty has impacted the company to a larger extent than expected. First quarter showed a flat growth and based on the realized results and the continued uncertainty, NNIT ad
The Group continued to grow revenue organically and deliver profit margin in line with the updated outlook for the year.
Today, NNIT signed a new contract with the Danish Agency for Labor Market and Recruitment (STAR) to be part of their ‘STAR City’ setup, responsible for the development and maintenance of STAR’s IT systems.
A Challenging Third Quarter. Necessary Actions Taken to Improve Performance in 2024 and Long-term
Outside Denmark, NNIT is a highly specialized IT consultancy focusing on life sciences only. In Denmark, NNIT also caters to other industries – with special focus on the public sector. What we call ‘IT solutions developed for people by people.’
NNIT has entered into a contract with ATP (Udbetaling Danmark) for the delivery of their critical SAP Debtor system. After a thorough tender process in the early days of summer, NNIT was chosen based on the best combination of quality and price.
Solid organic growth of 11%, profitability continued to improve, and important strategic milestones reached.
Revenue growth of 12.2%, an operating profit margin of 5.2% – and full-year financial outlook maintained.
Together with Astralis, we are currently exploring insights from game studies as an alternative to traditional e-learning for public IT systems, considering both the case handler and citizen perspectives.
A new global structure dedicated to AI and led by Director Sam Laermans has been created to ensure unity, best practice, and maximum utilization of expertise and resources across our four regional AI business units.
The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023.
Artificial intelligence (AI) has moved into the public sector, and the Danish authorities are exploring how the technology can become a valuable tool. According to NNIT's Jannic Stolzenbach Jensen, transparency and human supervision will be crucial in ensuring that AI can improve welfare.
