Core Insights - The first quarter of 2025 was significantly impacted by macroeconomic uncertainty, leading to postponed projects and reduced revenue for NNIT [2][3] - NNIT has adjusted its capacity and implemented cost-reducing measures, including a workforce reduction of approximately 100 employees [2][6] - The financial outlook for 2025 has been revised downward due to ongoing geopolitical unrest and customer hesitance [3][4] Financial Performance - Q1 2025 revenue was DKK 464.1 million, showing a slight increase of 0.2% compared to Q1 2024, which had a growth of 12.2% [4][6] - Group operating profit excluding special items decreased to DKK 18.0 million in Q1 2025 from DKK 23.9 million in Q1 2024, with a margin decline from 5.2% to 3.9% [4][6] - Special items in Q1 2025 amounted to DKK 25.3 million, primarily due to restructuring costs [6] Regional Insights - The European region, particularly in IT Life Science solutions, experienced project postponements, negatively affecting revenue [6] - Region Denmark showed a growth of around 4%, with specific solutions in the public sector growing by 8% [6] Adjusted Financial Outlook - The organic growth forecast for 2025 has been adjusted to a range of 0% to 5%, down from the previous 7% to 10% [6] - The group operating profit margin excluding special items is maintained at 7% to 9%, supported by significant cost-reducing initiatives [6]