Slide 1: Financial results Q2 2026
Webcast & Tele Conference 19 August 2026 at 13:00 Financial results Q2 2026
Slide 2: Disclaimer
Disclaimer Columbus A/S’ financial reports, whether in the form of annual report or interim report filed with the Danish Business Authority and/or announced via the company’s website and/or Nasdaq Copenhagen, as well as any presentations based on such financial reports, and any other written informa
Slide 3: Presenters
3 Presenters Søren Krogh Knudsen Columbus CEO Brian Iversen Columbus CFO
Slide 4: Financial highlights Q2 2026
4 Financial highlights Q2 2026 Revenue Efficiency Revenue in Q2 2026 increased by 2%. Market conditions in (mDKK) 410 420 (%) Denmark and Sweden remain challenging, while we see a 2% 65% 65% 63% strong recovery in Norway. Dynamics 365 has returned to growth. Q2 Q2 Q2 Q2 Increase from Q2 2025 2025
Slide 5: Market and operational highlights
Financial results Q2 2026 Market and operational highlights
Slide 6: Building on improving momentum
Market and operational highlights 6 Building on improving momentum Return to revenue growth The second quarter of 2026 marked a return to year-on-year growth, demonstrating the improved momentum from first quarter. Revenue in % 11% 8% 6% 2% 1% Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Slide 7: Building on improving momentum
Market and operational highlights 7 Building on improving momentum Operational efficiency and cost discipline Continued disciplined execution and resource utilization result in positive development in our efficiency, reaching 65% for the Efficiency in positive development with business quarter, whil
Slide 8: Financials
Financial results Q2 2026 Financials
Slide 9: Service revenue Q2 2026 – Business Lines
9 Service revenue Q2 2026 – Business Lines • Dynamics 365 continues to face headwinds in Denmark and Sweden, Revenue in DKK million slightly offset by the strong growth in Norway. Q2 2025 • M3 ended the quarter with a slight Q2 2026 decline, reflecting a weak quarter in 1% US market. • Digital Comme
Slide 10: Contribution margin Q2 2026 – Business Lines
10 Contribution margin Q2 2026 – Business Lines • Dynamics 365 experienced a slight drop in the contribution Contribution margin in % margin, primarily driven by the slow start to the year, especially in Q2 2025 Denmark. Q2 2026 -2pp • M3 delivered a 13% contribution margin in Q2 2026, significantly
Slide 11: Service revenue Q2 2026 – Market Units
11 Service revenue Q2 2026 – Market Units • Sweden ended Q2 2026 with an 8% decline, primarily driven by a Revenue in DKK million slowdown in Dynamics 365, while M3 and Digital Commerce showed modest improvements. Q2 2025 Q2 2026 • Denmark continues to face a slow- down driven by Dynamics 365. -8% •
Slide 12: Service revenue H1 2026 – Business Lines
12 Service revenue H1 2026 – Business Lines • Overall, H1 revenue declined by 1%, however, with a positive trend and Revenue in DKK million improving momentum throughout the period. YTD 2025 YTD 2026 • Dynamics 365 continues to face headwinds in the Danish and -3% Swedish markets, which were not ful
Slide 13: Contribution margin H1 2026 – Business Lines
13 Contribution margin H1 2026 – Business Lines • Dynamics 365 and M3 experienced a steep drop in Contribution margin in % contribution margin, primarily driven by lower activity and fierce competition on new projects. YTD 2025 YTD 2026 2pp • Digital Commerce reported a 13% contribution margin in H1
Slide 14: Service revenue H1 2026 – Market Units
14 Service revenue H1 2026 – Market Units • Sweden ended H1 2026 with an 8% decline, primarily driven by a Revenue in DKK million slowdown in Dynamics 365, while M3 and Digital Commerce showed slight improvements during H1. YTD 2025 • Denmark continues to face a slow- YTD 2026 down driven by Dynamic
Slide 15: Outlook
Financial results Q2 2026 Outlook
Slide 16: Outlook for 2026
16 Outlook for 2026 Based on our performance in the first half of 2026 and the continued development of our pipeline and order backlog, we maintain our full year financial expectations, as announced in company release no. 12/2026 of 12 March 2026:
Slide 17: Questions?
Questions? Columbus
Slide 18: Investor contact
18 Investor contact Brian Iversen, Corporate CFO, brian.Iversen@columbusglobal.com, +45 7020 5000