Columbus appoints Lena Ridström as Managing Director for Columbus Sweden
Lena Ridström will lead the continuous growth and development of Columbus in Sweden with focus on delivering value to customers with emphasis on Columbus’ purpose: Digital transformation for better tomorrow.
“Lena Ridström is a strong leader with an entrepreneurial mindset and a passion for empowering and developing people, as well as a strong track record of business growth in Columbus. I am convinced that Lena Ridström is the right person to take our biggest market unit to the next level”, says Søren Krogh Knudsen, CEO & President in Columbus.
Lena Ridström has headed Columbus’ Microsoft Dynamics business in Sweden for the past 3 years and during the past year, she has also built Columbus’ Data & Analytics business globally delivering rapid growth during 2021. She has more than 25 years of experience from the IT industry working with ERP, SCM solutions, SaaS software, and management consulting in different leadership roles.
“It’s a great honor for me to now succeed Markus Jakobson and continue on his great achievements while further develop Columbus on the Swedish market. My focus will be on growing our employees and helping our customers to leverage the benefits of digitalization guided by Columbus’ Purpose “Digital transformation for a better tomorrow”, says Lena Ridström, Managing Director, Columbus Sweden.
Markus Jakobson has headed the growth of Columbus in Sweden for the past 15 years. He established iStone in 2006 which over the years has settled to become one of the market leaders in Cloud ERP, Digital Commerce and Application Management in Sweden. In 2017, Columbus acquired iStone with 600 employees thus captivating a leading position in the Nordics within the market for digital transformation in our key industries: retail, manufacturing and food.
Lena Ridström will continue to head Columbus’ global Data & Analytics business in Columbus. Columbus has initiated the search for a new strong leader for Microsoft Columbus’ Dynamics365 business unit in Sweden. The leadership change will be effective from 1 January 2022.
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About Columbus
Columbus is a global digital consultancy headquartered in Denmark. For +30 years, we have helped more than 5.000 ambitious companies transform, maximize, and futureproof their business digitally. Columbus employs more than 1,800 digital advisors and consultants focused on the manufacturing-, retail & distribution-, and food & process industries. We offer end-to-end digital services and solutions within Strategy & Change, Cloud ERP, Data & Analytics, Application Management, Digital Commerce, and Customer Experience. Columbus has offices and partners all over the world and we deliver our solutions and services locally – on a global scale.
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Columbus surpassed its organic growth expectations in 2023, delivering growth of 11%, and 15% adjusted for currency and acquisition. The growth is expected to continue. The Company has set new goals for the future, aiming to continuously grow the top line by 10% annually and improve profitability to an EBITDA margin of 15% by the end of 2026.
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): https://ir.columbusglobal.com/static-files/7dc8b8dd-b686-4a70-8dc9-5b93f513aaa5
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Strong Q3 Interim Report, new ambitious growth targets for 2024-2026 and new focus on Life Science15.11.2023 09:18:19 CET | Pressemeddelelse
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New analysis of Columbus’ financial result for Q2 2023 published by Aktieinfo31.8.2023 12:16:10 CEST | Pressemeddelelse
The analysis concludes, among other things, that: Columbus delivers what is promised. Growth adjusted for acquisition and currency was achieved with 16% in the second quarter (19% adjusted for currency and including acquisitions) and 14% in the first half of the year. In the second quarter, Columbus managed to invoice 70% of the consultants' hours. This testifies increased efficiency, which is one of the goals of the Focus23 strategy. With the execution of the Focus23 strategy, Columbus appears stringent and focused on servicing the core customer group. The analysis can we found here (in Danish): https://ir.columbusglobal.com/static-files/96127943-4e58-4e34-97be-3790aa0f0a06
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