Strong growth and increasing margins start 2022 off
Today's presenters:
Per Wallentin CEO & President
Marie Björklund
CFO
Q1 in brief:
Continued growth and successful integration
✓
Solid growth and improved margins
✓ Quarter characterised by strong demand and high activity in the employee market
✓ Net sales of 1,695.3 MSEK (1,011.4)
✓ Adjusted EBITA of 194.2 MSEK (103.3)
✓ Adjusted EBITA margin of 11.5% (10.2)
✓ Good performance in all four business areas
Sustainability targets 2022:
Accelerating the agenda towards a sustainable society
✓ By 2030, 80% of net sales shall contribute to at least one of the UN sustainable development goals where Knowit can make the largest difference.
✓ Knowit is a climate-positive company in 2022 and shall halve its CO2e emissions before 2030.
✓ Knowit shall be an inclusive workplace with an even gender distribution (40-60 percent over time) among executives at all levels.
Business area:
Solutions
System development and solutions
✓ Nordic market leader in systems development
✓ Good demand in all markets drive strong development trend
✓ Norway stands out with several new assignments with new and existing clients
✓ Positive trend with result and margin improvements in Finland and Sweden
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Knowit AB published this content on 02 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2022 10:38:07 UTC.
Knowit AB is a Sweden-based consultancy company. It offers its clients information technology (IT) consulting services, IT solutions and tailored processes. Its offering comprises: Application Management, including activities that guarantee that a solution provides the functions that were ordered; Business and IT Management, reviewing processes, working methods and providing IT support; Decision Support, helping clients to make use of their own information; Systems Development, offering services from architecture and design to test and installation; Technology Management, focused on management, strategic development, product management, project management, architecture, quality assurance, safety engineering and modeling; Test and Quality Management, improving quality assurance through structured competency training for organizations; Web and Collaboration, including services such as Web Content Management; and Knowit Dataunit GmbH, specialized in defense and the manufacturing industry.
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