Stable trend kicks off the year
Knowit has started off the year on a market that is significantly more challenging than that of the first quarter last year. After an intense fall with a strong focus on structural changes to create a more effective and adapted organization, we are seeing stabilization in utilization – proof of strength given the current market conditions. Net sales for the quarter decreased by 10.4 percent, with an EBITA margin of 7.7 percent. Net sales were SEK 1,766.3 (1,970.5) million and the EBITA profit, was SEK 136.3 (197.2) million. The trend of a stabilization in utilization seen at the end of last