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Columbus (COLUM) investor relations material
Columbus Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary25 Aug, 2025
Executive summary
Q2 2025 revenue declined 4% year-over-year to DKK 410m, mainly due to macroeconomic headwinds and challenging Nordic market conditions, with two fewer working days compared to Q2 2024.
EBITDA dropped 27% year-over-year (adjusted for extraordinary income), reflecting weak revenue and efficiency performance, with a margin of 4.0% versus 5.2% in Q2 2024.
Contribution margin improved by 1 percentage point to 19% in Q2 2025 due to better project execution and efficiency gains in M3 and Digital Commerce.
Cash flow from operations increased 13% to DKK 18m, indicating strong business fundamentals and tight control of customer payment terms.
Strategic review concluded in May with no changes to ownership, leading to minor adjustments in strategic parameters and continued focus on operational efficiency and resilience.
Financial highlights
Q2 2025 revenue: DKK 410m, down 4% year-over-year; EBITDA: DKK 16m, down 27% year-over-year (adjusted); EBITDA margin: 4.0%.
Contribution margin: 19% in Q2 2025, up from 18% in Q2 2024.
Cash flow from operations: DKK 18m in Q2 2025, up from DKK 16m in Q2 2024.
H1 2025 revenue: DKK 844m, down 3% year-over-year.
Profit after tax Q2 2025: DKK -8.8m (Q2 2024: DKK -14.8m); equity ratio at 30 June 2025: 57.9%.
Outlook and guidance
Full-year 2025 revenue guidance set at DKK 1.7bn, flat year-over-year.
EBITDA margin guidance revised to 7–9% for 2025.
No significant market improvement expected for the remainder of 2024; guidance does not assume a market uptick.
Profitability improvement initiatives to be implemented in Q3 2025.
Outlook subject to macroeconomic, FX, and geopolitical uncertainties.
Agentic workforce: expected project timeline?
Headcount: when to accelerate hiring for growth?
Customer project delays: primary cause?
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Q3 20256 Nov, 2025
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Frequently asked questions
Columbus offers digital solutions for the manufacturing, food, beverage, and retail and distribution industries worldwide. The company's digital solutions include Product Information Management (PIM) that enables organizations to create a single view of all product information across their business; eCommerce that provides companies with unified web and app experiences; Stores that offer integrated store management solution; Order Management System (OMS) and Warehouse Management System (WMS) that offers customers with integrated management of orders, inventory, and stores.
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