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Novo Annual Review 2016
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n nit a/s is one of denmark's leading it service providers and consultancies.
nnit
offers a wide range of it
services
and solutions to its
clients
, primarily in the danish and international life science sector, and to danish
clients
in the public, enterprise and finance sectors. as a wall-to-wall provider,
nnit
delivers
services
across the value-chain: advisory
services
, business solutions, application outsourcing and infrastructure outsourcing and support. 2016 financial results
nnit
is a publicly listed company, and employs more than 2,800 people in 11 international offices around the world. in 2016, the company delivered organic revenue growth of 6.3% to dkk 2,765 million and an operating profit margin of 10.6% despite challenging market conditions. the danish it
services
market experienced growth around 3% (gartner), hence
nnit
remains competitive and continues to take market shares in all business areas.
nnit
?s target level for revenue growth is at least 5% and reflects the expectation that
nnit
will continue to outgrow the market by attracting new customers and continuing to deliver additional value to existing customer relationships. the 2016 results thus exceed
nnit
?s targets. strategy - dedicated to sustainable growth
nnit
is committed to being the preferred it outsourcing partner for customers of danish origin as well as a trusted provider of regulated it for life science companies, globally. based on quality and value-adding it
services
, the company?s main objective is to grow revenue and market share, while maintaining or improving operating profit margins. a trusted provider of regulated it for life sciences as a highly specialised it
services
provider to life sciences,
nnit
supports international life science companies in optimising their businesses, reducing cost and complying with regulatory requirements. based on
nnit
?s deep insights and industry experience within life sciences, the company creates value through it solutions and expertise while operating it according to gxp (good x practice) pharma industry standards. the preferred outsourcing partner for
clients
of danish origin as a preferred it outsourcing partner for
clients
of danish origin,
nnit
supports its
clients
during their internationalisation ? essentially following the
clients
wherever they go.
nnit
is currently the third-largest it
services
vendor in denmark, with a total market share of 7% according to idc. core strengths dedicated to its strategic ambition, and strongly founded in the company?s three business cornerstones; loyal
clients
, compelling
services
, and highly skilled employees,
nnit
is determined to continue to grow. the core strengths are: ? stable business model based on a focused strategy ? strong track record combined with profound experience ? integrated global delivery model ? prestigious customer base ? skilled and dedicated employees
nnit
?s business model combined with its delivery centers and scale-driven operating leverage has secured robust operating profit margins over the past decade. at the same time, the diversification of the customer base and the long-term nature of many of the major contracts add to business transparency, mitigate operational risk and warrant long-lasting customer relationships. for more information, please visit
nnit
?s annual report 2016 at www.
nnit
.com/pages/investor.aspx 60 novo a/s 2016
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