contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


columbus-reports-lower-q2-2025-results-amid-macroeconomic-headwinds

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Head of Research

Kasper Lihn

Columbus is an international consultancy headquartered in Denmark with more than 1,500 employees and 1,100 customers worldwide. Columbus delivers digital solutions supporting business-critical processes across industries such as Manufacturing, Retail, Food & Beverage, and Life Science. Services include Cloud Services, Data & AI, ERP, CRM, Digital Commerce, and Cybersecurity. Columbus has a local presence in the Nordics, the United Kingdom, and the United States – and global delivery – and is positioned to drive digital transformation and enable scalable growth. The company serves more than 1,100 customers worldwide.


Columbus

This morning, Columbus released its Q2 2025 financial results, reporting a revenue decline of -4% (-6% when adjusted for currency effects), with EBITDA amounting to DKK 16m for the quarter (compared to DKK 22m in Q2 2024, adjusted for other operating income and expenses). The EBITDA margin was 4% in the quarter (compared to 7% in Q2 2024). The lower results are attributed to the macroeconomic uncertainty, which has resulted in prolonged sales cycles and postponed IT project decisions.

This morning, Columbus released its Q2 2025 financial results, reporting a revenue decline of -4% (-6% when adjusted for currency effects), with EBITDA amounting to DKK 16m for the quarter (compared to DKK 22m in Q2 2024, adjusted for other operating income and expenses). The EBITDA margin was 4% in the quarter (compared to 7% in Q2 2024). The lower results are attributed to the macroeconomic uncertainty, which has resulted in prolonged sales cycles and postponed IT project decisions.
Looking into the business lines and the revenue development in the quarter, the largest business line, Dynamics 365, declined by -9%. M3 grew 2%, Digital Commerce grew 4%, Data &amp; AI was flat, and Other Local Business grew 5%. Geographically, the largest market, Sweden, was flat at 0%, while the second largest market, Denmark, declined -12%. The UK market grew 2%, and Norway declined -19%. The US market was the strongest with a growth rate of 30%.&#xa0; &#xa0;
Efficiency came in at 63% in Q2 2025, in line with Q2 2024, however, below the company&#x2019;s expectations. The cash flow from operations was relatively strong at DKK 18m in the quarter (an improvement from DKK 16m in Q2 2024).
The company maintains its latest 2025 guidance, which was revised downward in mid-July. Columbus now expects full-year revenue to be in line with 2024, amounting to approx. DKK 1.7bn, and an EBITDA margin in the range of 7&#x2013;9%.&#xa0;For the first half of 2025, total revenue was DKK 843m, representing a decline of approx. -3%. The EBITDA margin for the first half of the year was 7.4% (compared to 7.5% in H1 2024, adjusted for the M3CS legal case).
On Monday, 25 August 2025 at 11:00, Columbus&#x2019; management will present the results and answer questions during a live online event. Sign up and submit your questions here: <a href="https://www.inderes.dk/videos/columbus-presentation-of-interim-report-q2-2025" target="_blank" rel="noopener">https://www.inderes.dk/videos/columbus-presentation-of-interim-report-q2-2025</a>
Disclaimer: HC Andersen Capital receives payment from Columbus for a Digital IR subscription agreement. /Kasper Lihn, 11:30&#xa0;- 21 August 2025.&#xa0;