Interim Management Statement for Q1 2012 - A first quarter with satisfactory growth

Columbus IT Partner A/S 

27.04.2012 09:28
---------------------------------------------------------------------------


                               Release no. 7/2012
                                        

                    Interim Management Statement for Q1 2012

                    A first quarter with satisfactory growth

                                        

In accordance with the regulations for listed companies' submission of interim
statements, Columbus IT Partner A/S hereby submits the interim management
statement for the period 01.01.2012-31.03.2012 (3 months). 

Revenues amounted to DKK 210.7m in Q1 2012 (Q1 2011: DKK 190.6m), corresponding
to an increase of 10.6%. EBITDA amounted to DKK 3.5m in Q1 2012 (Q1 2011 DKK
4.5m), corresponding to a decrease of DKK 1.1m. EBITDA is considerably affected
by a changed product mix in relation to sale of licenses with lower margins.
EBITDA is also negatively affected by a few project challenges in the Nordic
region. 

The increase in revenues is a result of Columbus' continued industry focus on
vertical solutions within retail, food and manufacturing. In addition the
acquisition of First Tech Direct in the US affects the revenues positively with
DKK 5.1m. 

The revenue growth in Q1 2012 compared to Q1 2011 is primarily driven by the
Group's subsidiaries in Russia, UK and the US. 

The announced expectations to 2012 are being maintained, and Columbus expects
revenues in the level of DKK 900m and an EBITDA in the level of DKK 50m. 

No events or transactions with a material effect on the company's financial
position have occurred since the balance sheet date. 



Ib Kunøe                                                   Thomas Honoré

Chairman                                                  CEO

Columbus IT Partner A/S                          Columbus IT Partner A/S



For further information, please contact:

CEO Thomas Honoré, T: +45 70 20 50 00.



Translation: In the event of any inconsistency between this document and the
Danish language version, the Danish language version shall be the governing
version.
News Source: NASDAQ OMX



27.04.2012 Dissemination of a Corporate News, transmitted by DGAP - 
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Columbus IT Partner A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010268366
WKN:          
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------