Brief: NNIT Gets Contract From Danmarks Nationalbank

Nnit A/S

01/06/2022 13:06

June 1 (Reuters) - NNIT A/S  NNIT.CO :
    * NNIT WINS SUBSTANTIAL CONTRACT FOR ADMINISTRATIVE IT
SYSTEMS AND
SERVICES WITH DANMARKS NATIONALBANK
    * NNIT WAS AWARDED CONTRACT FOR DELIVERY OF ADMINISTRATIVE
IT
SYSTEMS AND SERVICES TO DANMARKS NATIONALBANK
    * CONTRACT HAS AN ESTIMATED WORTH OF DKK 1 BILLION AND RUNS
FOR A
PERIOD OF SIX YEARS WITH POSSIBILITY FOR EXTENDING FOR ANOTHER
TWO YEARS
    * DANMARKS NATIONALBANK IS EXPECTED TO SIGN CONTRACT ON JUNE
14,
2022 AFTER EXPIRATION OF STANDSTILL PERIOD
    * 2022 OUTLOOK FOR REVENUE GROWTH OF 2-5% WITH AN OPERATING
PROFIT
MARGIN BEFORE SPECIAL ITEMS OF AROUND 5% IS UNCHANGED
    * CONTRACT WILL CONTRIBUTE POSITIVELY TO NNIT'S REVENUE AND
EARNINGS IN COMING YEARS
    * STRUCTURAL TRANSFORMATION OF GROUP IS STILL EXPECTED TO
LEAD TO
SPECIAL ITEMS UP TO SAME LEVEL AS IN 2021

Source text for Eikon:  ID:nGNE4MmH3M 
Further company coverage:  NNIT.CO 

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