Increase in revenues, year's result, and equity capital - fulfillment of announced expectations


Increase in revenues, year's result, and equity capital - fulfillment of
announced expectations 

•	Columbus IT Partner's revenues totaled DKK 756.7M in 2006 (DKK 649.8M in
2005) corresponding to an increase of 16%, and is slightly higher than the
announced expectation of 720-750M, cf. stock exchange release no. 18 of 9th
November 2006. 

•	The operating result (EBITDA) totaled DKK 31.2M (DKK 23.6M in 2005)
corresponding to an im-provement of 32% compared to 2005. The result is in line
with the Company's latest announced ex-pectations of DKK 30-35M. The operating
result is achieved through a strong improvement from first half-year EBIDTA of
DKK 5.3M to second half-year EBITDA of DKK 25.9M. 

•	The year's result before taxes has been improved by DKK 6.9M to DKK 8.1M (DKK
1.2M in 2005). It is the second year in a row with a positive result before
taxes. The result is slightly below the Com-pany's latest announced expectation
of DKK 10-12M. 

•	The year's result after taxes has been improved by DKK 26M to DKK 20.2M (DKK
-6.1M in 2005) which is better than the company's expectations. 

•	The group's equity capital has increased from DKK 159,2M in 2005 to DKK
212,0M in 2006 corre-sponding to a solvency ratio of 37% (30% in 2005). 

•	The Danish subsidiary has, for the second consecutive year, experienced a
strong growth of reve-nues and earnings and EBITDA has increased by 38%
compared to 2005. The growth is partly a re-sult of significant new sales, and
partly the outcome of a continued increase in efficiency, including improved
customer contracts and optimized revenue mix. New sales on Dynamics Nav
(formerly Navision) have been particularly successful and in this area, the
company has experienced a growth in software revenues of 87% compared to 2005. 

•	Sales to other vendors of proprietary software and subscriptions add up to
DKK 32,2M of the reve-nues, an increase of 35% compared to 2005. The increase
is the result of the successful integration in 2006 of the two software
companies, Dutch To-Increase BV and the American VerticalSoft, Inc., which were
acquired by Columbus IT Partner in 2005. 

•	As part of Columbus IT's international growth strategy for the company's
global presence, Columbus IT has set up in Finland, Mexico, Brazil, and Chile.
Moreover, the group's Polish subsidiary has ac-quired 2 Polish consulting
companies in 2006. Columbus IT owns between 51% and 65% of the shares of the
companies in the said countries, while the local management teams own the
remaining shares. 

•	Columbus IT Partner is forecasting 2007 revenues of the order of DKK 810-830M
and EBITDA of DKK 33-37M. 

Ib Kunøe 				Michael Gaardboe
Chairman				CEO
Columbus IT Partner A/S		Columbus IT Partner A/S

For further information, please contact:
CEO Michael Gaardboe or CFO Sven Madsen, T: (+45) 70 20 50 00.

Translation: In the event of any inconsistency between this document and the
Danish language version, the Danish language version shall be the governing
version.

Attachments

se_no._03-2007-annual_report_and_financial_statements_2006.pdf