- EDB Business Partner ASA and ErgoGroup AS announced a merger to create the largest IT company in Norway and second largest IT services company in the Nordics.
- The combined company will have annual revenues of NOK 12.7 billion and approximately 10,000 employees across the Nordic region and globally.
- The transaction aims to generate cost synergies of NOK 250-350 million annually by rationalizing employees, consolidating servers, and reducing software license costs.
1. EDB launched an improved business with aligned and coordinated capabilities, including a new powerful consulting unit and simplified legal structure represented by a new logo.
2. The company saw positive revenue trends after a challenging 2009, with revenue of 1,824 million NOK (a 5% year-over-year decrease) and improved EBITA margins of 7.4%.
3. EDB secured future business with 1.3 billion NOK in new signings for the quarter and an order backlog of 12.1 billion NOK across business areas including IT Operations, Solutions, and Consulting.
EDB secured a record NOK 8.6 billion in new contracts in 2009, including a NOK 3.8 billion agreement with DnB NOR. Key contracts also included agreements with four Norwegian banks worth NOK 800 million total, and contracts with Green Cargo, REC, and others. EDB entered 2010 with a record order backlog of NOK 12.6 billion, positioning it well for future earnings in a challenging market.
The document summarizes Q4 highlights for a group. Key points include:
- Revenue was NOK 1,917 million, a 10% increase year-over-year. EBITA was NOK 168 million, a 12% increase.
- A cost program secured a sustainable margin and the Bank & Finance segment continued to outperform the market. New signings were NOK 1.4 billion, a 64% increase year-over-year.
- For 2009, revenue decreased 5% in line with market trends. EBITA was NOK 603 million, a 17% decrease, but order backlog secured visibility through 2013.
Corporate Responsibility og betydningen av samarbeid med underleverandørerEDB
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Telenor is a global telecommunications company operating in 14 countries with over 170 million subscribers and 40,000 employees. As a responsible company, Telenor is committed to corporate responsibility and sustainable business practices. This includes reducing its carbon emissions by 40% by 2017, empowering marginalized groups through access to mobile services, and establishing responsible supply chain management through adherence to supplier conduct principles. Telenor recognizes that as a major company, it can make a positive economic and social impact through its business activities.
2. I dagFormålssparing fra EDB CSR – Corporate Social Responsibility – bedrifters samfunnsansvarGir banken mulighet å bygge samfunnsnyttige spareprodukterMuligheter og utfordringer i ett digitalt givermarkedBruk av sosiale medier og nye mobile enheterHumanitært arbeid i praksis
4. Vi har effektivisert Norden i mer enn 40 årKonsulenter; rådgivning, prosjektledelse, utvikling og applikasjonsforvaltning Vi følger våre kunder ut i verden; kontorer i 25 byer i 11 landSolid leveransekraft; lokal ekspertise og global leveranse NorgeSwedenDenmarkUKUkraineContinentalEuropeUSAIndiaSingapore
6. Hvor finner du oss? Page 6EDB 201080 prosent av nettbankbetalingerEDIChat-løsningerEDB Digital OffentlighetKortovervåkingInnbyggerportalerElektronisk eksamenSaksbehandling for banker
7. Litt om volumer EDB Company presentation | Page 7Ã…rlige volumer (2009)74 millioner ATM transaksjoner