{"success":true,"data":{"pressRelease":{"id":"129696","rtpr_id":"nGNE74vXVK","ticker":"NNIT","exchange":"Nasdaq Copenhagen","all_tickers":["NNIT"],"title":"REG-NNIT A/S: Q2 performance on track – strategy update setting direction for transformation","author":"Globe Newswire","published_at":"2026-08-27T16:01:13.067Z","article_body":"Q2 2026 key highlights\n* NNIT's financial performance was in line with initial expectations, despite\ncontinued customer caution, particularly within the life science segments.\nHowever, order entry improved during the quarter across all regions, supported\nby targeted growth initiatives aimed at strengthening sales execution.\nReported group revenue declined 4.5% to DKK 441.6m, corresponding to constant\ncurrency revenue growth of -4.4%. The decline was primarily driven by the life\nscience regions, while Public DK and SCALES delivered solid growth\ncontributions.\n* Group EBIT excl. special items came in at DKK 21.4m in the second quarter,\ncorresponding to a margin of 4.8% which remained broadly stable\nyear-over-year, reflecting the impact of cost-reduction initiatives launched\nduring last year, supplemented by further actions taken during this year to\nalign capacity with demand and streamline general and administrative expenses.\nIn addition, Region US returned to its strong profitability level,\ncontributing to the sequential improvement in group margins.\n* The full-year financial outlook for 2026 is maintained. Constant currency\nrevenue growth is expected to be single-digit negative with group EBIT margin\nexcl. special items of 4-7% and special items being “below last year’s\nlevel of DKK 83m”.\nDuring the second quarter, NNIT delivered improved operational performance,\nreflecting the impact of efficiency initiatives launched during the quarter\nand in the preceding quarter. Utilization improved significantly and NNIT saw\nincreased traction with customers on new project engagements, although\ncustomer hesitancy remained pronounced among tier-1 Life Sciences customers in\nparticular.\n\nNNIT’s new AI frameworks (Lumina and Alera) were applied across select\ncustomer engagements, delivering strong initial results. Early use cases\ndemonstrate tangible efficiency gains, including material reductions in\ntime-to-delivery and accelerated analysis of complex legacy systems,\nultimately enabling faster and better-informed decision-making for customers.\nThese initial results enable NNIT to become more competitive. Beyond AI being\ndeployed to customer projects, NNIT’s AI offering is being included in\nupcoming bids either as a service or as part of the process depending on the\nproject scope.\nMoreover, Alera has been moved from launch into broader internal adaptation\nacross NNIT. Alera is being deployed to accelerate standardized tasks from CV\nsearch, HR-related enquires to support managers with follow-up on ongoing\nactivities, amongst others.\n\nDespite the sequential performance improvements, a strategic review conducted\nduring the quarter confirmed that further transformative actions are required\nto restore sustainable, profitable growth. Accordingly, NNIT is continuing its\ntransformative approach by launching a program focused on optimizing,\nrebuilding and reshaping commercial, delivery and operational excellence. As\npart of this work, NNIT will reassess its operating model and service\nportfolio. The transformation program will form the foundation for a new\nstrategic direction leveraging NNIT’s strong existing position. NNIT will\naspire to become an innovative, AI-enabled niche specialist serving the global\nlife sciences industry and regulated industries in Denmark.\n\nClaus Rydkjær, President and CEO of NNIT, comments “During the second\nquarter, business performance improved quarter-over-quarter, reflecting the\nimpact of our targeted growth initiatives and cost reductions progressing as\nplanned. Despite the decline in revenue, profitability was broadly in line\nwith last year. Towards the end of the quarter, we concluded a comprehensive\nreview of NNIT’s performance, market position and future opportunities. The\nreview confirms the strength of our customer relationships and domain\nexpertise, while also identifying clear opportunities to improve our\ncommercial execution, delivery model and operational efficiency. We are now\nmoving into the next phase, launching a program aimed at transforming the\ncompany performance and restoring sustainable, profitable growth. In parallel,\nwe are defining NNIT’s future strategic direction which will be shared at a\nlater stage.”\n\nFinancial overview – Selected key figures\n\n NNIT A/S, DKK million                     Q2 2026  Q2 2025  6M 2026  6M 2025  FY 2025  \n Revenue                                   441.6    462.2    864.1    926.3    1.787.6  \n Reported revenue growth, %                -4.5%    -2.5%    -6.7%    -1.2%    -3.4%    \n Constant currency revenue growth, %       -4.4%    -1.7%    -5.8%    -1.3%    -2.8%    \n Group EBIT excl. special items            21.3     22.9     22.5     40.9     94.2     \n Group EBIT margin excl. special items, %  4.8%     5.0%     2.6%     4.4%     5.3%     \n Special items                             18.5     20.3     26.8     45.7     83.3     \n Group EBIT incl. special items            2.8      2.6      -4.3     -4.8     11.2     \n Group EBIT margin incl. special items, %  0.6%     0.6%     -0.5%    -0.5%    0.6%     \n Free cash flow                            8        -61      49       -134     -47      \n\n\n\nCONFERENCE CALL\n\nAugust 28, 2026, at 9:30 AM CEST:\n\nWebcast link\n(https://www.globenewswire.com/Tracker?data=iz0oVQ1HNS1peX44QneO2egZCBWVr0xYGezYZFDruWOJvd8oyzaii94gmA9fvsqgMMzu_ZBup-yYzD3oLeuE4sDdH9QeHyKzLnz3Fq6brZIaaxByfbKFPhw1S3rDbB-_DchLKG6WqJVrGV7WUV847Q==)\n\nDial in information:\n\nDK: +45 7876 8490\nSE: +46 31-311 50 03\nUK: +44 203 769 6819\nUS: +1 646-787-0157\nParticipant Access code: 472855\n\nFor more information, please contact:\n\n Investor Relations                                            Media Relations                                                                   \n Carsten Ringius EVP & CFO Tel: +45 3077 8888 carr@nnit.com    Thomas Stensbøl Press & Communications Manager Tel: +45 3077 8800 tmts@nnit.com   \n\nABOUT NNIT\n\nNNIT is a leading provider of IT solutions to life sciences internationally,\nand to the public and private sectors in Denmark.\n\nWe focus on high complexity industries and thrive in environments where\nregulatory demands and complexity are high.\n\nWe advise on and build sustainable digital solutions that work for the\npatients, citizens, employees, end users or customers.\n\nWe strive to build unmatched excellence in the industries we serve, and we use\nour domain expertise to represent a business first approach – strongly\nsupported by a selection of partner technologies, but always driven by\nbusiness needs rather than technology.\n\nNNIT consists of group company NNIT A/S and subsidiaries, including SCALES.\nTogether, these companies employ around 1,500 people in Europe, Asia and USA.\n\nAttachments\n*     NNIT_Trading Statement_Q2 2026_vFinal\n(https://ml-eu.globenewswire.com/Resource/Download/c521f883-50a8-4929-a868-68ea50f7177c)\n  \n*     NNIT_Factsheet_Q2 2026\n(https://ml-eu.globenewswire.com/Resource/Download/54da0899-0a58-4602-a523-f80cf44badaa)","article_body_html":"","raw_payload":{"data":{"id":"nGNE74vXVK","title":"REG-NNIT A/S: Q2 performance on track – strategy update setting direction for transformation","author":"Globe Newswire","ticker":"NNIT","created":"2026-08-27T16:01:13.067Z","tickers":["NNIT"],"exchange":"Nasdaq Copenhagen","article_body":"Q2 2026 key highlights\n* NNIT's financial performance was in line with initial expectations, despite\ncontinued customer caution, particularly within the life science segments.\nHowever, order entry improved during the quarter across all regions, supported\nby targeted growth initiatives aimed at strengthening sales execution.\nReported group revenue declined 4.5% to DKK 441.6m, corresponding to constant\ncurrency revenue growth of -4.4%. The decline was primarily driven by the life\nscience regions, while Public DK and SCALES delivered solid growth\ncontributions.\n* Group EBIT excl. special items came in at DKK 21.4m in the second quarter,\ncorresponding to a margin of 4.8% which remained broadly stable\nyear-over-year, reflecting the impact of cost-reduction initiatives launched\nduring last year, supplemented by further actions taken during this year to\nalign capacity with demand and streamline general and administrative expenses.\nIn addition, Region US returned to its strong profitability level,\ncontributing to the sequential improvement in group margins.\n* The full-year financial outlook for 2026 is maintained. Constant currency\nrevenue growth is expected to be single-digit negative with group EBIT margin\nexcl. special items of 4-7% and special items being “below last year’s\nlevel of DKK 83m”.\nDuring the second quarter, NNIT delivered improved operational performance,\nreflecting the impact of efficiency initiatives launched during the quarter\nand in the preceding quarter. Utilization improved significantly and NNIT saw\nincreased traction with customers on new project engagements, although\ncustomer hesitancy remained pronounced among tier-1 Life Sciences customers in\nparticular.\n\nNNIT’s new AI frameworks (Lumina and Alera) were applied across select\ncustomer engagements, delivering strong initial results. Early use cases\ndemonstrate tangible efficiency gains, including material reductions in\ntime-to-delivery and accelerated analysis of complex legacy systems,\nultimately enabling faster and better-informed decision-making for customers.\nThese initial results enable NNIT to become more competitive. Beyond AI being\ndeployed to customer projects, NNIT’s AI offering is being included in\nupcoming bids either as a service or as part of the process depending on the\nproject scope.\nMoreover, Alera has been moved from launch into broader internal adaptation\nacross NNIT. Alera is being deployed to accelerate standardized tasks from CV\nsearch, HR-related enquires to support managers with follow-up on ongoing\nactivities, amongst others.\n\nDespite the sequential performance improvements, a strategic review conducted\nduring the quarter confirmed that further transformative actions are required\nto restore sustainable, profitable growth. Accordingly, NNIT is continuing its\ntransformative approach by launching a program focused on optimizing,\nrebuilding and reshaping commercial, delivery and operational excellence. As\npart of this work, NNIT will reassess its operating model and service\nportfolio. The transformation program will form the foundation for a new\nstrategic direction leveraging NNIT’s strong existing position. NNIT will\naspire to become an innovative, AI-enabled niche specialist serving the global\nlife sciences industry and regulated industries in Denmark.\n\nClaus Rydkjær, President and CEO of NNIT, comments “During the second\nquarter, business performance improved quarter-over-quarter, reflecting the\nimpact of our targeted growth initiatives and cost reductions progressing as\nplanned. Despite the decline in revenue, profitability was broadly in line\nwith last year. Towards the end of the quarter, we concluded a comprehensive\nreview of NNIT’s performance, market position and future opportunities. The\nreview confirms the strength of our customer relationships and domain\nexpertise, while also identifying clear opportunities to improve our\ncommercial execution, delivery model and operational efficiency. We are now\nmoving into the next phase, launching a program aimed at transforming the\ncompany performance and restoring sustainable, profitable growth. In parallel,\nwe are defining NNIT’s future strategic direction which will be shared at a\nlater stage.”\n\nFinancial overview – Selected key figures\n\n NNIT A/S, DKK million                     Q2 2026  Q2 2025  6M 2026  6M 2025  FY 2025  \n Revenue                                   441.6    462.2    864.1    926.3    1.787.6  \n Reported revenue growth, %                -4.5%    -2.5%    -6.7%    -1.2%    -3.4%    \n Constant currency revenue growth, %       -4.4%    -1.7%    -5.8%    -1.3%    -2.8%    \n Group EBIT excl. special items            21.3     22.9     22.5     40.9     94.2     \n Group EBIT margin excl. special items, %  4.8%     5.0%     2.6%     4.4%     5.3%     \n Special items                             18.5     20.3     26.8     45.7     83.3     \n Group EBIT incl. special items            2.8      2.6      -4.3     -4.8     11.2     \n Group EBIT margin incl. special items, %  0.6%     0.6%     -0.5%    -0.5%    0.6%     \n Free cash flow                            8        -61      49       -134     -47      \n\n\n\nCONFERENCE CALL\n\nAugust 28, 2026, at 9:30 AM CEST:\n\nWebcast link\n(https://www.globenewswire.com/Tracker?data=iz0oVQ1HNS1peX44QneO2egZCBWVr0xYGezYZFDruWOJvd8oyzaii94gmA9fvsqgMMzu_ZBup-yYzD3oLeuE4sDdH9QeHyKzLnz3Fq6brZIaaxByfbKFPhw1S3rDbB-_DchLKG6WqJVrGV7WUV847Q==)\n\nDial in information:\n\nDK: +45 7876 8490\nSE: +46 31-311 50 03\nUK: +44 203 769 6819\nUS: +1 646-787-0157\nParticipant Access code: 472855\n\nFor more information, please contact:\n\n Investor Relations                                            Media Relations                                                                   \n Carsten Ringius EVP & CFO Tel: +45 3077 8888 carr@nnit.com    Thomas Stensbøl Press & Communications Manager Tel: +45 3077 8800 tmts@nnit.com   \n\nABOUT NNIT\n\nNNIT is a leading provider of IT solutions to life sciences internationally,\nand to the public and private sectors in Denmark.\n\nWe focus on high complexity industries and thrive in environments where\nregulatory demands and complexity are high.\n\nWe advise on and build sustainable digital solutions that work for the\npatients, citizens, employees, end users or customers.\n\nWe strive to build unmatched excellence in the industries we serve, and we use\nour domain expertise to represent a business first approach – strongly\nsupported by a selection of partner technologies, but always driven by\nbusiness needs rather than technology.\n\nNNIT consists of group company NNIT A/S and subsidiaries, including SCALES.\nTogether, these companies employ around 1,500 people in Europe, Asia and USA.\n\nAttachments\n*     NNIT_Trading Statement_Q2 2026_vFinal\n(https://ml-eu.globenewswire.com/Resource/Download/c521f883-50a8-4929-a868-68ea50f7177c)\n  \n*     NNIT_Factsheet_Q2 2026\n(https://ml-eu.globenewswire.com/Resource/Download/54da0899-0a58-4602-a523-f80cf44badaa)"},"type":"article","timestamp":"2026-08-27T16:01:13.154004557Z","server_sent_at_ms":1787846473154},"received_at":"2026-08-27T16:01:13.218Z","source_url":null},"analysis":{"id":"118608","press_release_id":"129696","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":["Reported revenue declined 4.5% year-over-year","Outlook anticipates single-digit negative revenue growth for FY2026","Strategic review confirmed need for transformative actions to restore sustainable growth"],"eventType":"earnings","narrative":"NNIT reported Q2 revenue of DKK 441.6 million, down 4.5% year-over-year, while EBIT margin excluding special items remained stable at 4.8%.\n\nThe company maintained its full-year outlook for single-digit negative constant currency revenue growth with an EBIT margin of 4-7%, citing improved operational performance and order entry during the quarter.\n\nFollowing a strategic review, NNIT launched a transformation program to reshape its operating model and service portfolio, aiming to become an AI-enabled niche specialist in the life sciences industry.","sentiment":"neutral","agentHooks":{"shouldPost":true,"suggestedAngle":"NNIT maintains outlook amid revenue dip, launches transformation program to focus on AI-enabled life sciences."},"keyFigures":{"revenue":"DKK 441.6m","guidance":"FY2026 constant currency revenue growth single-digit negative; Group EBIT margin excl. special items 4-7%","revenueYoy":"-4.5%","customDimensions":{"free_cash_flow":"DKK 8m","ebit_excl_special_items":"DKK 21.4m","ebit_margin_excl_special_items":"4.8%"}},"quotedText":"During the second quarter, business performance improved quarter-over-quarter, reflecting the impact of our targeted growth initiatives and cost reductions progressing as planned.","namedEntities":{"people":[{"name":"Claus Rydkjær","role":"President and CEO"},{"name":"Carsten Ringius","role":"EVP & CFO"},{"name":"Thomas Stensbøl","role":"Press & Communications Manager"}],"products":["Lumina","Alera"],"companies":[{"name":"NNIT A/S","ticker":"NNIT"},{"name":"SCALES","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"DKK 441.6m","context":"Q2 2026 Revenue"},{"amount":"DKK 21.4m","context":"Q2 2026 Group EBIT excl. special items"},{"amount":"DKK 83m","context":"Reference level for special items in 2025"}]},"materialImpact":{"score":3,"reasoning":"Q2 revenue declined 4.5% year-over-year, but EBIT margin remained stable and the company maintained its full-year outlook. The announcement of a comprehensive transformation program to reshape the operating model adds significant strategic weight to the release."},"tickerRelevance":{"others":[],"primary":"NNIT"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"trading-statement-with-strategy-update","sectorWeight":"it-services"}},"event_type":"earnings","event_type_secondary":["operations_update"],"sentiment":"neutral","material_impact_score":3,"narrative":"NNIT reported Q2 revenue of DKK 441.6 million, down 4.5% year-over-year, while EBIT margin excluding special items remained stable at 4.8%.\n\nThe company maintained its full-year outlook for single-digit negative constant currency revenue growth with an EBIT margin of 4-7%, citing improved operational performance and order entry during the quarter.\n\nFollowing a strategic review, NNIT launched a transformation program to reshape its operating model and service portfolio, aiming to become an AI-enabled niche specialist in the life sciences industry.","key_figures":{"revenue":"DKK 441.6m","guidance":"FY2026 constant currency revenue growth single-digit negative; Group EBIT margin excl. special items 4-7%","revenueYoy":"-4.5%","customDimensions":{"free_cash_flow":"DKK 8m","ebit_excl_special_items":"DKK 21.4m","ebit_margin_excl_special_items":"4.8%"}},"named_entities":{"people":[{"name":"Claus Rydkjær","role":"President and CEO"},{"name":"Carsten Ringius","role":"EVP & CFO"},{"name":"Thomas Stensbøl","role":"Press & Communications Manager"}],"products":["Lumina","Alera"],"companies":[{"name":"NNIT A/S","ticker":"NNIT"},{"name":"SCALES","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"DKK 441.6m","context":"Q2 2026 Revenue"},{"amount":"DKK 21.4m","context":"Q2 2026 Group EBIT excl. special items"},{"amount":"DKK 83m","context":"Reference level for special items in 2025"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-27T17:15:00.742Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap","eventGravity":"trading-statement-with-strategy-update","sectorWeight":"it-services"}},"durationMs":88937,"modelName":"glm-4.7"}}