Introducing a new NNIT management team
NNIT presents a new NNIT management team – following the divestment of its infrastructure operations and launch of a revised strategy to support the new beginning as an international IT consultancy business.
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Trading Statement for the first three months of 2023 released
NNIT completed the carve-out and divestment of its infrastructure business on April 28. The Group delivered solid business performance, generating revenue growth of 16% (11% organic) to DKK 413 million in Q1 2023 and improved the operating profit margin significantly to 4.9% on the back of higher revenue and utilization.
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NNIT completes transformative divestment of infrastructure operations to become a highly specialized IT services provider
Today, NNIT has completed the transformative divestment of the Group’s infrastructure operations to funds advised by Agilitas Private Equity LLP.
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Financial report for 2022 just released: Guidance reinstated
NNIT set out to enable future growth in 2022 and launched strategic initiatives to unlock the Group’s full business potential as a specialized IT consulting business focused on the two core business areas of Life Sciences Solutions and Cloud & Digital Solutions with a strong and consolidated Global Delivery Center and streamlined operations.
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NNIT signs contract for the Future State Educational Grant and Loan Payment System in Denmark
On December 16, the Danish Agency for Higher Education and Science re-awarded NNIT a contract with a value exceeding DKK 300 million for the development and implementation, and subsequently operation and maintenance, of the future state educational grant and loan payment system in Denmark.
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Financial results for Q3 2022 just released: Execution on the carveout of the Group’s infrastructure business continues
NNIT continued to execute on the carveout of the Group’s infrastructure business and sustained the efforts to consolidate global delivery capabilities in Q3 2022 while seeing improved earnings in line with expectations.
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Valiance® merges with NNIT
As of October 10, 2022, Valiance® has been fully integrated with NNIT. All employees and business activities have been merged into the appropriate NNIT subsidiaries in Europe and the US.
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prime4services merges with NNIT
Today, we have completed the merger of prime4services with NNIT. All employees and business activities have been merged into the appropriate NNIT units in our central European locations.
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Management Changes in NNIT
CFO Pernille Fabricius will assume a new role as Executive Vice President for Strategy, Transformation and M&A, and Carsten Ringius will join the Executive Management of NNIT as CFO from December 1, 2022.
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Financial results for Q2 2022 just released: Temporary suspension of full-year outlook maintained
NNIT announced the transformative divestment of the Group’s infrastructure business, initiated the carve-out process and continued the efforts to consolidate global delivery capabilities in Q2 2022, which was marked by slower-than-expected sales performance. The temporary suspension of NNIT’s full-year outlook is maintained.
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NNIT divests infrastructure operations and suspends 2022 guidance
Today, NNIT has entered into an agreement to divest its Hybrid Cloud Solutions business unit as well as select parts of its Cloud & Digital Solutions business unit (together “the IO business”) to funds advised by Agilitas Private Equity LLP.
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NNIT and Danmarks Nationalbank sign substantial contract for administrative IT systems and services
On June 1, NNIT was awarded the contract for delivery of administrative IT systems and services to Danmarks Nationalbank. The contract has an estimated worth of DKK 1 billion and runs for a period of six years with the possibility for extending for another two years. The standstill period has now come to an end, and the contract has been signed.
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