Core Insights - Columbus A/S announced preliminary unaudited financial results for 2025, reporting revenue of DKK 1,576 million, a decline of 5% from DKK 1,659 million in 2024, and an EBITDA margin of 7.2%, down from 9.2% in 2024 [1][2][3] Financial Performance - Revenue for 2025 was DKK 1,576 million, which is approximately 5% lower than the previous year [1] - The EBITDA margin for 2025 was 7.2%, a decrease from 9.2% in 2024, and when adjusted for other operating income and expenses, the EBITDA margin was 7.4% in 2024 [2] Market Conditions - The decline in revenue was attributed to continued market caution, with customers adopting a conservative investment approach, leading to prolonged decision-making and hesitance regarding new IT projects [1][3] - In Q4 2025, Columbus secured new projects, indicating early signs of improving customer activity, but these did not fully compensate for postponed projects during the quarter [2] Long-term Financial Ambitions - Columbus maintains its long-term financial ambitions of achieving 10% revenue growth and an EBITDA margin of 15% as part of its New Heights strategy, although it now expects that these goals will not be met by the end of 2026 [3] - The timing of these ambitions is under review as part of the ongoing strategy process, but Columbus anticipates a return to revenue growth and improved EBITDA margin in 2026 [3] Future Guidance - Financial guidance for revenue and EBITDA margin for 2026 will be announced with the publication of the Annual Report on 12 March 2026 [4]