WPTG expands capacity in its Global Delivery Centers to target thirty percent growth in revenue and profit

White Pearl Technology Group (WPTG) is launching a strategic plan to significantly expand its talent infrastructure across Global Delivery Centers (GDC), targeting a thirty percent increase in revenue and profit growth in these centers by 2024. The impact of this initiative is estimated to be about fiften percent on company group level, in the comming year.  

WPTG operates ten GDC's in countries like South Africa, Egypt, Zimbabwe, Ethiopia, and India. Through these GDC's, WPTG clients gain 24x7-access to highly skilled teams with specialised competencies, including SAP S/4HANA migration architects, intelligent automation engineers ensuring integration modernisation and full-stack cloud implementers instilling next-generation data platforms.

Aligned with WPTG's steadfast commitment towards equitable, inclusive economic progress, expansion plans, particularly in South Africa, emphasise leveraging youth skills development and extensive Broad-Based Black Economic Empowerment (BEE) by offering hiring- and training programs.

"Our GDC's are built on sustainable value creation with round-the-clock access for our clients and are set to make a positive community impact wherever we operate," says Group CEO of WPTG, Marco Marangoni.

The expansion in these GDC's will occur without upfront investments; instead, it will be fuelled by working capital and organic growth.

This information is such information that White Pearl Technology Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 10.30 CEST on the 15th of December 2023.

For further information, please contact:

Marco Marangoni, CEO, White Pearl Technology Group

E-mail: [e-mail], Phone: [phone]

Jenny Öijermark, IR-Manager, White Pearl Technology Group

E-mail: [e-mail], Phone: [phone]

The Company's Certified Adviser is Swedish North Point Securities AB.

About White Pearl Technology Group 

White Pearl Technology Group, based in Stockholm and listed on Nasdaq First North Growth Market as WPTG, comprises of 28 companies, operating in the information technology space. They are diversified IT companies selling their own solutions and products, as well as services and products of third-party vendors. The group has a presence in thirty countries throughout the world. The current focus of the group's business is emerging markets and specifically Africa, Asia, the Middle East, and to a lesser extent, Latin America. www.whitepearltech.com

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