Outlook

2017

Revenue growth
- constant currency* 4-6%
- constant currency (organic)* 1-3%
- reported currency** Around 0.2 pp lower
Operating profit margin
- constant currency* Around 9%
- reported currency** 0.3 pp higher
Capital expenditures***
- re-investments and new client investments 15-17% of revenue
- re-investments and new client investments (excl. Scales) 12-14% of revenue

*Constant currencies measured by average 2016 exchange rates.
**Based on exchange rates at August 9, 2017.
***Investments including new customer, data center investments and the acquistion of SCALES are in 2017 expected to be between 15-17% of total revenue. Around 7pp relates to the data center investment of around DKK 200m in 2017 and around 3pp relates to the acquistion of SCALES. The total data center investment is expected to be around DKK 250m in the period 2016 to 2018.

Long term
- Revenue Growth At least 5%
- Operating profit margin At least 10%

Disclaimer

This website contains forward-looking statements. Forward-looking statements are statements that are not historical facts and that generally reflect the current views or expectations of management of NNIT with respect to future events or conditions, including future operational or financial performance. These statements may be identified by words such as "anticipate", "estimate", "expect", "intend", "seek", "will" or words of similar meaning. Such statements are based on expectations and various assumptions, and although NNIT believes that the expectations and assumptions were reasonably made, these are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors, which are difficult or impossible to predict and are beyond NNIT's control and which could cause actual events to differ materially from the expectations expressed or implied in such forward-looking statements.

Factors that may affect future results include, but are not limited to, global and local economic conditions, NNIT's ability to realise backlog as net turnover, manage international operations, maintain and improve operating margins, manage an increasingly complex business as its customer base is increased and correctly assess costs, pricing and other contractual terms, changes in the demand for IT services, in particular, in the Danish and international life sciences markets, changes in any applicable laws and regulations or any interpretations thereof and competition from Danish and international companies in the markets in which NNIT operates.

Investor relations contact

Jesper Wagener
Head of Investor Relations

Email
+45 3075 5392

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