Brief: Columbus Acquires ICY Security ApS

Columbus A/S

11/04/2023 09:07

April 11 (Reuters) - Columbus A/S  COLUM.CO :
    * COLUMBUS A/S ACQUIRES ICY SECURITY APS
    * ACQUISITION WAS SIGNED AND CLOSED ON 11 APRIL 2023 WITH
FINANCIAL EFFECT FROM 1 APRIL 2023
    * IN 2022, ICY SECURITY HAD A REVENUE OF DKK 66.5M AND
EBITDA OF
DKK 4.6M
    * COLUMBUS IS ADJUSTING FULL YEAR GUIDANCE FOR 2023: REVENUE
GUIDANCE: FROM DKK 1,500M - 1,550M TO DKK 1,550M - 1,600M,
CORRESPONDING TO A GROWTH OF 12-15% AND AN ORGANIC GROWTH OF
8-12%, BOTH IN CONSTANT CURRENCIES
    * COLUMBUS IS ADJUSTING FULL YEAR GUIDANCE FOR 2023: EBITDA
GUIDANCE: FROM DKK 115M - 135M TO DKK 119M - 139M, CORRESPONDING
TO A MARGIN OF 7.4% - 9.0%
    * AGREED ACQUISITION PRICE IS DKK 125M (ENTERPRISE VALUE)

Source text for Eikon:  ID:nGNE7dNJgs 
Further company coverage:  COLUM.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))