Q2 shaped by market caution – strategy execution drives resilience
In Q2 2025, Columbus navigated in a market characterized by continued caution and slower decision-making, particularly in the Nordics. Revenue decreased by 4% to DKK 410m, and the EBITDA margin ended at 4.0%. Q2 performance was below expectations, and 2025 guidance was adjusted to reflect market conditions, with growth expected to return in the second half of the year.
In Q2 2025, Columbus navigated in a market characterized by continued caution and slower decision-making, particularly in the Nordics. Revenue decreased by 4% to DKK 410m, and the EBITDA margin ended at 4.0%. Q2 performance was below expectations, and 2025 guidance was adjusted to reflect market conditions, with growth expected to return in the second half of the year.
Despite the challenging environment, Columbus maintained focus on its New Heights strategy, advancing key initiatives in areas such as AI. The quarter was marked by mixed momentum across markets, with strong performance in the UK and US offset by continued caution in the Nordics.
Revenue in Q2 2025 was DKK 410m, representing a decrease of 4%, and EBITDA was DKK 16m, corresponding to a margin of 4.0%. For H1 2025, revenue totaled DKK 844m, down 3% from H1 2024, and EBITDA was DKK 63m, corresponding to a margin of 7.4%.
“Columbus’ resilience is underpinned by a scalable delivery model, strong customer relationships, and disciplined execution. While the market has been cautious in the first half of 2025, we are now seeing early signs of renewed activity, with postponed projects gradually returning and the pipeline strengthening,” says CEO Søren Krogh Knudsen.
Given the current market conditions, 2025 guidance was on 16 July 2025 realigned (Company release no. 11/2025) to revenue of around DKK 1.7bn in line with 2024 and an EBITDA margin of 7–9%, thus revenue growth is expected in the second half of 2025. To strengthen near-term earnings and long-term competitiveness, Columbus will also launch a profitability improvement program in Q3 2025.
The strategic review initiated in January was concluded with no changes to the ownership structure, reflecting a slower M&A environment and valuation levels, while Columbus remains positioned for selective acquisitions supported by strong cash flow.
Key figures Q2 2025
- Revenue: DKK 410m (Q2 2024: DKK 427m), corresponding to a decrease of 4%
- EBITDA: DKK 16m (Q2 2024: DKK 30m), corresponding to a decrease of 47%
- EBITDA margin: 4.0% (Q2 2024: 7.0%)
- CFFO: DKK 18m (Q2 2024: DKK 16m)
Highlights YTD 2025
*adjusted for the M3CS legal case in Q1 2024
- Revenue: DKK 844m (YTD 2024: DKK 871m), corresponding to a decrease of 3%
- EBITDA*: DKK 63m (YTD 2024: DKK 65m), corresponding to a decrease of 3%
- EBITDA margin*: 7.4% (YTD 2024: 7.5%)
- CFFO: DKK 35m (YTD 2024: DKK 39m)
Guidance 2025
- Revenue: in line with 2024, i.e., approximately DKK 1.7bn
- EBITDA margin: 7-9%
Read the full Interim Report Q2 2025 here: https://ir.columbusglobal.com/static-files/6a3561fa-e206-4e11-91a0-8c5a30874d61
Nøgleord
Følg pressemeddelelser fra Columbus Global
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Columbus Global
Columbus announces major partnership with Infor to deliver M3 CloudSuites in the UK9.12.2025 15:09:25 CET | Pressemeddelelse
Columbus, the global digital consultancy, today announced an ambitious three-year expansion roadmap to deliver world-leading Infor M3 solutions to businesses across three key UK industries with the goal of doubling its regional footprint by 2027. Columbus is the largest independent Infor M3 partner in the world, and aims to build on its proven success in the US and Nordics to deliver world-class Infor M3 CloudSuites expertise to UK-based companies.
Columbus is one of the first global partners to receive Microsoft’s new Support Services designation2.12.2025 13:11:30 CET | Pressemeddelelse
Columbus has been selected by Microsoft as one of the first 30 partners worldwide to receive the new Support Services designation. This recognition is currently available only to a limited group of partners and will not be broadly accessible until next year. Being included in this initial group highlights Columbus’ strong capabilities in delivering high-quality support and operational excellence across the Microsoft ecosystem.
Efficiency measures in Q3 position Columbus for renewed growth6.11.2025 08:54:04 CET | Pressemeddelelse
In Q3 2025, Columbus operated in a cautious market, particularly in the Nordics, where decision-making remained slow. The company maintained a strong operational discipline and continued preparing for renewed growth. Entering Q4, Columbus has a strengthened pipeline, reflecting postponed engagements and continued progress on large strategic opportunities, supporting momentum into 2026.
Columbus appoints Eva Sjöblom as ERP Service Director, Dynamics 365 Sweden4.11.2025 10:31:15 CET | Press release
Columbus is proud to announce the appointment of Eva Sjöblom as ERP Service Director for the Business Line Dynamics 365 Sweden. In this role, Eva will lead Sweden’s largest consulting team for Microsoft Dynamics 365 solutions, driving growth, delivery excellence, and ensuring Columbus continues to deliver exceptional value to its customers in Sweden.
Lars Agatz Verning will take Columbus Microsoft offering to new heights28.10.2025 09:26:51 CET | Press release
Well-renowned Lars Agatz Verning has joined Columbus in the Global Service division as Business Development Director to work closely with Columbus customers to ensure that the digital transform agenda is on point and to further accelerate Columbus’ offerings.
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.
Besøg vores nyhedsrum