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1. The past year 2009 was a satisfactory year for KMD A/S. The Company experienced revenue growth of 10%, realising revenue in excess of DKK 3.8 billion. Profit after tax was DKK 109 million....
2. KMD in the local government market The local government market is KMD’s key market. In 2009 KMD generated approx. 70% of its revenue in this market....
3. KMD in the central government market In 2009 KMD recorded revenue growth of approx. 17% in the central government market....
4. KMD’s business areas The increase in revenue reflects a positive development in the Group’s primary business areas....
5. Corporate Governance KMD's Board of Directors and Executive Board are responsible for ensuring that the Group’s management structure and control systems are appropriate and function satisfactorily....
6. Special risks Like all other IT companies, KMD is exposed to a number of business risks in relation to development of the market, customer demand, technological change, employee recruitment, project management, etc...
7. Strategic agreements KMD currently has two vital collaboration partners: SAP and Mahindra Satyam....
8. Corporate Social Responsibility KMD has worked on corporate social responsibility for several years. As a large Danish company, it is both necessary and natural for KMD to demonstrate social responsibility....
9. The Group’s strategy in the period to 2013 KMD’s new owners and the management of KMD have jointly set the course for an efficient and more competitive KMD....
10. KMD’s employees Its employees are KMD’s most important resource, laying the foundation for the success of KMD's growth strategy, and this is why KMD goes to great lengths to recruit and retain employees with the righ...