CEO Jørn Larsen comments on Q3 2025:
“Q3 was a solid quarter marked by significant contract wins despite a continued challenging private sector business environment. We made further steady progress on our strategy to become a more product- and platform-driven business. Revenue from our own products and operations grew by 25.3% in Q3 and 25.6% in the first nine months, supported by solid momentum in Digital Health and Aviation.
The new eight-year and EUR 20 million contract with the Danish Health Data Authority is a testament to our long-standing customer partnerships and our ability to build and operate critical national systems that demand the highest standards for security, robustness, and data sovereignty. Our Danish datacenters are ready to meet the growing demand for secure, locally operated infrastructure, both in the public and in the private sectors.
Our work with AI continues to accelerate. We are using AI to improve efficiency across our own processes and to deliver measurable value to customers through our Corax AI, Data, and Advanced Inspection platforms. We currently have many interesting dialogues about AI with large organizations that sit on vast amounts of underutilized data that we can unlock in a responsible, secure, and user-friendly way.
Profit margins improved meaningfully in Q3, and we expect this trend to continue in Q4 as the effects of our cost savings program takes full effect and new contracts ramp up.”
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