NNIT A/S: Business performance impacted by market undercetainty expected to continue. Mitigating actions taken to protect profitability

Quick Summary:

Despite improving utilization and capacity adjustments made across regions during the quarter as well as tight cost focus across business areas, the group operating profit excl.special items declined to DKK 18.0m in Q1 2025 compared with DKK 23.9m in the same quarter last year.

Group operating profit margin excl.special items was 3.9% in Q1 2025 compared with 5.2% in the same quarter last year.

Pär Fors, CEO of NNIT, comments: "The business environment of NNIT has deteriorated in the first quarter of the year as especially our Life Science customers are being negatively impacted by the macroeconomic unrest.

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Author / Journalist: NNIT A/S

Category: Technology

Markets: ChinaDenmark

Topics: Copenhagen:NNIT DK0060580512

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 09:41:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 19 lines

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News ID: 28394250

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