Columbus Global

Columbus Interim report for Q3 2022

Solid organic growth despite macro-economic uncertainty.

”Despite rapid changes in the macro-economic environment, we delivered a satisfactory Q3 driven by immense effort in all our Business Lines and Market Units. We will continue to focus on increasing efficiency to improve EBITDA margin further”, says CEO & President Søren Krogh Knudsen. 

Q3 2022 highlights

  • Revenue growth of 9% amounting to DKK 334m
  • EBITDA amounts to DKK 16m
  • Efficiency of 61% in a quarter with summer vacation
  • Our new CFO Brian Iversen joined Columbus
  • Merge of Project and Care Business Lines
  • Pricing and cost initiatives start materializing
  • Launch of new sustainability strategy

Q3 2022 YTD highlights

  • Revenue growth of 7% amounting to DKK 1,117m
  • EBITDA amounted to DKK 62m which is on par with 2021
  • Pricing and cost initiatives initiated
  • Improved efficiency
  • Stable number of employees

Outlook updated

On 14 November 2022, the financial full-year guidance for 2022 was updated:

  • Revenue guidance is specified to DKK ~1,525m, a growth of 8%.
  • EBITDA is adjusted to DKK ~100m, a growth of 12%.

Link to Q3 2022 Interim Report 


About Columbus Global

Columbus Global
Columbus Global
Lautrupvang 6
2750 Ballerup

Columbus is a global IT services and consulting company specialized in digital transformation. Our more than 1,500 digital explorers collaborate with our customers in the manufacturing, retail & distribution, and food & process industries. We advise, implement and manage business critical solutions within Strategy & Change, Customer Experience, Digital Commerce, Data & Analytics, Application Management and Cloud ERP. Headquartered in Denmark, we have offices and partners worldwide - delivering locally on a global scale

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Latest releases from Columbus Global

New analysis of Columbus’ financial results for Q3 2023 and new strategy; New Heights4.12.2023 14:22:29 CET | Nyhed

The stock analysis firm, Aktieinfo, has just published an analysis of Columbus’ results for Q3 2023 and the newly published strategy - New Heights. The analysis concludes, among other things, that: "After ten consecutive quarters of growth and maintaining guidance for 2023 with organic growth expected to be between 8-12% and an EBITDA margin of 7.4-9.0%, Columbus concludes the strategic plan Focus23. All goals have been achieved. Now, new ambitious yet achievable goals are set for the period 2024-26, anticipating an annual average organic growth of 10% and a significant improvement in the EBITDA margin to 15% by 2026. Columbus is thus taking a step towards 'New Heights' for revenue, earnings, and stock prices." The analysis can we found here (in Danish):

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