DGAP-News: A third quarter with satisfactory growth and earnings
(firmenpresse) - Columbus A/S
01.11.2012 16:37
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Press release
Copenhagen, 1st of November 2012
A third quarter with satisfactory growth and earnings
Columbus records an increase in revenues in Q3 year-to-date of 11.4 percent and
maintains the announced expectations to 2012.
11.4 % increase in revenues
Columbus' revenues in Q3 year-to-date amounted to DKK 651.9 million. This
corresponds to an increase of 11.4 % compared to the same period last year.
For Q3 isolated, revenues amounted to DKK 191.2 million, which corresponds to
an increase of 17.4% compared to Q3 2011.
'Columbus' revenue growth was primarily driven by our subsidiaries in Norway,
UK and US ', says CEO Thomas Honore, Columbus.
Significant increase in EBITDA
EBITDA amounted to DKK 20.7 million in Q3 year-to-date. This corresponds to an
increase of 48.9% compared to the same period last year. Isolated, EBITDA in Q3
amounted to DKK 3.5 million, which corresponds to an increase of 250% compared
to Q3 2011.
According to CEO Thomas Honore the increase in EBITDA is to some extent a
result of the increasing revenue and the continued focus on cost reductions.
Expectations for 2012 maintained
Columbus maintains the announced expectations to 2012, which are revenues in
the level of DKK 900 million and an EBITDA in the level of DKK 50 million.
'Columbus is continuing the planned execution of the Columbus15 strategy. This
includes the development of our global delivery models in India and that we
increase the amount of projects in our vertical industries; Food, retail and
manufacturing. Furthermore, Columbus is experiencing a considerable increase in
sale of our own software', says CEO Thomas Honore.
Additional information
CEO Thomas Honore, Columbus
E-mail: tho(at)columbusglobal.com
Tel: +45 29 69 07 16
About Columbus
Columbus is the preferred business partner for ambitious companies worldwide
within the food, retail and manufacturing industries. We exceed 20 years of
experience and 6,000 successful business cases, and we are proud to offer our
customers solid industry know-how, high performance solutions and global reach.
Read more at www.columbusglobal.com.
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Language: English
Company: Columbus A/S
Denmark
Phone:
Fax:
E-mail:
Internet:
ISIN: DK0010268366
WKN:
End of Announcement DGAP News-Service
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Datum: 01.11.2012 - 16:37 Uhr
Sprache: Deutsch
News-ID 198710
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