Efficiency measures in Q3 position Columbus for renewed growth

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.

Operational efficiency measures implemented
Operating in a continued cautious market, Columbus focused in Q3 2025 on strengthening operational efficiency and execution capacity. The company reduced headcount by 89 employees during the quarter as part of the organisational optimisation, with related provisions amounting to DKK 11m, which negatively impacted the quarterly result.

“While market activity remained subdued, we executed with discipline and focus, strengthening our foundation and improving efficiency through the organisational changes implemented in Q3, and as market activity gradually picks up, we enter Q4 with the strongest pipeline of major opportunities since I joined, fueled both by delayed engagements and our ability to stay close to customers on their most strategic programs, and our focus is firmly on converting this into renewed growth,” says CEO & President Søren Krogh Knudsen

Revenue in Q3 2025 was DKK 347m, representing a decrease of 7%, and EBITDA, adjusted for other operating income and expenses was DKK 24m, corresponding to an adjusted EBITDA margin of 6.9%. For the first nine months of 2025, revenue totaled DKK 1,191m, a decline of 4%, and adjusted EBITDA was DKK 89m, corresponding to an adjusted EBITDA margin of 7.4%.

Performance across markets was mixed. The US continued to deliver solid progress supported by strong customer relationships and demand for efficiency-oriented digital solutions. The UK remained stable, while the Nordics were marked by slower decision-making and delayed investments, particularly within larger Dynamics 365 projects.

Outlook confirmed – foundation for renewed growth
Columbus continues to execute its New Heights strategy with a dual focus on profitability and strategic growth areas, including AI. During the quarter, the company established a global AI expert community and strengthened its leadership team with key appointments in the US, Denmark, and Group Communications.

The profitability improvement program is progressing according to plan, with full effects expected in early 2026. Columbus maintains the full-year outlook last updated in July 2025, expecting revenue of around DKK 1.7bn and an EBITDA margin in the range of 7–9%.

“With a stronger and more agile organisation in place, we are ready to convert a strong pipeline into profitable growth. Our priorities remain clear: strengthening profitability, delivering customer value, and building sustained momentum towards 2026,” says Søren Krogh Knudsen.

Key figures Q3 2025

• Revenue: DKK 347m (Q3 2024: DKK 371m), representing a decrease of 7%
• Adjusted EBITDA: DKK 24m (Q3 2024: DKK 29m), representing a decrease of 17%
• Adjusted EBITDA margin: 6.9% (Q3 2024: 7.9%)

Highlights YTD 2025

• Revenue: DKK 1,191m (YTD 2024: DKK 1,243m), representing a decline of 4%
• Adjusted EBITDA: DKK 89m (YTD 2024: DKK 87m), representing an increase of 2%
• Adjusted EBITDA margin: 7.4% (YTD 2024: 7.0%)

Guidance 2025

• Revenue: in line with 2024, i.e. in the level of DKK 1.7bn
• EBITDA margin: 7–9%

Read the full Interim Report Q3 2025 here: 

https://ml-eu.globenewswire.com/Resource/Download/de561548-7ec3-4b6c-a619-24424258e2de