CESS-Danmark A/S races forward

The wheels are turning at CESS-Danmark A/S. The Danish IT group had an increase in turnover in 2009 by 14 percent resulting in a profit of 6.3 million DKK. CESS-DK will now establish themselves in two additional countries during 2010 and the company expects continued increase in turnover this year.

CESS-Danmark A/S presents yet another splendid financial report. Turnover in 2009 rose by 14 percent over 2008, and profit before tax stood at 6.3 million Danish Kroner. Meanwhile, the company's equity ratio rose to almost 30 percent.

The impressive results attributed to the new mangement's targeted work with business processes and management styles, tight cost control and continued maintenance of the sales-related efforts. This has led to a very focused staff. The sales staff have increasingly become motivated - not least thanks to new reporting tools and continuous improvement of the working environment.

"We've put a lot of work to improve our internal procedures. This made it possible to release resources to market research and document the impact of our efforts on the sales side for example. It has paid off," says the Nikolaj Johansen, President & CEO of CESS-Danmark A/S.

New skills ensure growth

2009 also brough a professional board to CESS-Danmark A/S. The Board has contributed with strong competencies in finance, organic growth and HR, and focus on new markets and product lines.

The international expansion has also contributed positively to growth in turnover and has given CESS-Danmark courage to establish branches in two new countries in 2010. In 2009 CESS-Danmark opened a branch in Croatia. "Focus on core business and sale to end users, as well as international expansion is now the top priority. We must be global market leaders in our field," says Nikolaj Johansen.

CESS-DK expects a significant positive result as well for the year 2010.

For further information contact:

Bjarne Blicher
Vice President, CFO
Ph. +45 9950 5003
E-mail: bbl@cess-dk.com