News

Columbus is well off to a good start in 2024 with 14% growth in Q1, primarily driven by the strong performance in the Cloud ERP business and a positive development in the Danish and UK markets, which have more than compensated for the uncertainty in the Norwegian and Swedish markets. Columbus has thus achieved a satisfactory result and maintains the financial expectations for the year.

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.

Columbus A/S has submitted a conditional offer to acquire Endless Gain Ltd, a leading conversion rate optimization consultancy (CRO) focused on enhancing the digital customer experience for the UK retail industry

In the third quarter of 2023, Columbus once again delivered impressive organic top-line growth of 15% (excluding acquisitions and currency), and the increase in operating profit (EBITDA) was as much as 28%. Columbus has created a solid foundation for the upcoming strategy period – New Heights – which in particular will focus on boosting profitability with an EBITDA margin of 15% by the end of 2026. Columbus expects 10% compounded annual growth in 2024 – 2026.

Columbus experienced good momentum in the first quarter of the year. Revenue increased by 7% (12% in local currencies) and operating profit increased by 33% in Q1 2023. The optimization of the delivery organization is now really taking effect with a boost in efficiency to 67% against 62% in Q1 2022.

Columbus has acquired the Danish cyber security company ICY Security ApS, with the aim to create a more complete digital offering for the customers: “ICY Security focuses on Identity & Access Management, which is also a focus point for many of Columbus’ customers that are looking to operationalize their cyber security strategy,” says Søren Krogh Knudsen, CEO & President at Columbus.

2022 was a year of great progress on our journey towards a more sustainable Columbus. We launched our ambitious sustainability strategy, which addresses the needs of our customers and our employees.

2022 financial performance: Investment in organic growth