NNIT A/S: 8/2016 Financial report for Q1

NNIT delivers organic revenue growth of 7.7% and an operating profit margin of 10.5% in Q1. Based on a strong cash flow, NNIT expects to pay out an interim dividend in August 2016. Performance highlights for Q1 2016 * Revenue increased by 7.7% in both reported and constant currencies to DKK 663m * Operating profit margin was 10.5% in reported currencies and 10.3% in constant currencies compared with 10.3% in Q1 2015 * Operating profit increased by 10...

New York, 13/05/2016 (informazione.news - comunicati stampa - varie)

 

Based on a strong cash flow NNIT expects to pay out an interim dividend in August 2016 of DKK 48.5m in cash equal to DKK 2 per share of a nominal value of DKK 10.

 

Per Kogut, CEO at NNIT comments: "The results confirm that NNIT is a robust company that delivers according to expectations. In a mature market with modest growth and fierce global competition, it is particularly promising to see NNIT achieving a revenue growth of 7.7% in Q1 2016. I am very proud of recent contract announcements with market leading companies that document trust in our business model and a desire for quality services."

NNIT will host a teleconference May 13, 2016 at 14:30 CET about the financial report for Q1 2016. Please visit the NNIT webpage at www.nnit.com to access the teleconference, which can be found under 'Investors - Downloads'. Presentation material will be available on the website approximately one hour prior to the start of the presentation.

 

Investor contacts:
Jesper Wagener, Head of Investor Relations: +45 3075 5392, jvwa@nnit.com

 

Media contacts:
Rikke Dalager, Head of Communications: +45 3077 8080, rida@nnit.com

NNIT A/S is one of Denmark's leading IT service providers and consultancies. NNIT A/S offers a wide range of IT services and solutions to its customers, primarily in the life sciences sector in Denmark and internationally and to customers in the public, enterprise and finance sectors in Denmark. As of March 31, 2016 NNIT A/S had 2,573 employees.

 

For more information please visit www.nnit.com .

 

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