May 5, 2017 / 5:26 AM / 3 months ago

BRIEF-Novo Nordisk renews agreement with NNIT

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May 5(Reuters) - NNIT A/S:

* SAID ON THURSDAY ENTERED INTO A 6-YEAR-AGREEMENT WITH NOVO NORDISK, REPLACING AN EXISTING CORPORATE CORE IT INFRASTRUCTURE OUTSOURCING CONTRACT

* SAID RENEWED CONTRACT WILL TAKE EFFECT FROM JAN. 1, 2017 AND RUN UNTIL DEC. 31, 2022

* THE NEW AGREEMENT REPRESENTS A TOTAL VALUE OF AROUND 1 BILLION DANISH CROWNS

* THE AGREEMENT INCREASES NNIT'S BACKLOG FOR 2018 AND 2019, BUT DOES NOT CHANGE NNIT'S GUIDANCE FOR 2017 OR THE LONG-TERM TARGETS

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Further company coverage: (Gdynia Newsroom)

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