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  • Knowit

    Makers of a sustainable future


    Klarabergsgatan 60, 103 68 Stockholm
    +46-8 700 66 00
    https://www.knowit.eu/
  • Christina Johansson

    Head of Communications


    +46 70 542 17 34
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    Slow recovery

    The third quarter of the year was characterized by varied demand across different segments and geographic areas, where Knowit is facing its greatest demands in the Swedish market. After over a year of hard work to optimize and strengthen the organization, we are seeing that the negative development has partially stopped and that utilization is slowly improving. This applies primarily to our largest business area Solutions. At the same time, we and our entire sector continue to be challenged by weak demand and a relatively unpredictable market. The nest sales for the quarter decreased by 14.1

    Invitation to Knowit’s presentation of the Interim Report for January-September 2024 on 25 October at 10.00 am (CET)

    On Friday 25 october at 07.30 am (CET) Knowit AB (publ) will publish its Interim Report for January-September 2024. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English. Link to the audiocast: https://www.investis-live.com/knowit/66ffbab6b2cedb000e38cb4c/pandg Telephone numbers to the audiocast: Sweden

    Knowit gets renewed confidence to digitalize NAV

    Knowit has won a procurement procedure for new framework agreements with NAV (the Norwegian Labour and Welfare Administration). The new agreements mean that Knowit will continue its work to digitalize NAV for the coming four years. The agreement has an estimated value of NOK 3.5 billion and delivery will take place in close collaboration with a small number of main partners.NAV has chosen its digitalization partners for the next four years and Knowit is the supplier awarded the largest number of framework agreements. “Naturally, we are both proud and humbled to have been selected by NAV

    Improved results on a weak market

    Despite a continued challenging market, Knowit increased the adjusted EBITA profit in the quarter. Compared to the second quarter of 2023, the utilization rate is more satisfactory despite the weaker market, a result of the measures we have taken to optimize the organization. Net sales in the quarter decreased by 4.4 percent combined with an adjusted EBITA margin of 5.6 percent. Net sales amounted to SEK 1,681.3 (1,758.8) million and the adjusted EBITA increased by 22.6 percent to SEK 94.2 (76.8) million.- In parts of the operations we are now seeing stabilization and early signs of a

    Invitation to Knowit’s presentation of the Interim Report for January-June 2024 on 19 July at 10.00 am (CET)

    On Friday 19 July at 07.30 am (CET) Knowit AB (publ) will publish its Interim Report for January-June 2024. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English. Link to the audiocast: https://www.investis-live.com/knowit/6669782ada62330f003523e3/taerd Telephone numbers to the audiocast: Sweden

    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

    Invitation to Knowit’s presentation of the Interim Report for January-March 2024 on 3 May at 10.00 am (CET)

    On Friday 3 May at 07.30 am (CET) Knowit AB (publ) will publish its Interim Report for January-March 2024. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English. Link to the audiocast: https://www.investis-live.com/knowit/661e5fea1feb820d006e3254/deruh Telephone numbers to the audiocast:Swede

    Knowit appoints new Heads of business areas

    Fredrik Ekerhovd, currently Head of Knowit Experience, will take over responsibility for the business area Solutions. At the same time, Kenneth Gvein is appointed as new Head of Knowit Experience.Fredrik Ekerhovd has been part of Knowit’s corporate management team since 2016 in the role as Head of Experience. Fredrik will take over after Åsa Holmberg who, after more than ten years at Knowit, of which the last six years have been as Head of Knowit Solutions, will step down from her position to become CEO of Tyréns Group. Solutions is Knowit’s largest business area, with around 1,900

    Positive utilization trend closes out the year

    The last quarter of the year has been characterized by intensified sales work in parallel with a retained focus on decreasing costs and increasing revenue. Net sales for the quarter decreased by 7.5 percent, with an adjusted EBITA margin of 8.1 percent. Net sales were SEK 1,824.0 (1,972.9) million and the EBITA profit, adjusted for acquisition and integration costs, was SEK 147.7 (179.3) million. The trend towards stabilizing utilization has continued during the fourth quarter, as a result of the actions taken. The Board proposes a divided of SEK 5.20 per share (7.50).“The Nordic

    Knowit further strengthens the partnership with Microsoft

    Knowit, a leading player in digitalization, has met the requirements to become a Microsoft Solutions Partner for Business Applications. This achievement signifies that Knowit has now become a Microsoft Solutions Partner in all six designated areas, earning the status of Microsoft Cloud Partner.Becoming a Solutions Partner for Business Applications is a testament to Knowit’s extensive experience with Microsoft’s business applications, including Dynamics 365 and Microsoft Power Platform. This achievement underscores Knowit’s ability to offer comprehensive and innovative solutions tailored to

    Knowit Experience establishes a new collaboration with Telenor Group

    Telenor Group has chosen Knowit Experience as the exclusive partner for brand strategy and identity for the next three years.Telenor is a strong, global brand operating in eight markets with nearly 160 million subscribers. After intense competition with several players, it is now clear that Knowit Experience has been selected to help define the brand's direction globally. "Telenor is highly visible in many markets and means a lot to many people. We will primarily have a global focus. It is crucial to set the direction for what should be common across all markets and define where there

    Invitation to Knowit’s presentation of the Year-end report 2023 on 8 February at 10.00 am (CET)

    On Thursday 8 February at 07.30 am (CET) Knowit AB (publ) will publish its Year-end report for January-December 2023. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English.   Link to the audiocast: https://www.investis-live.com/knowit/659fcf1e9608da12004adf9d/jste   Telephone numbers to the audiocast: Sweden    +46

    Knowit publish Finnish market research about new sustainability reporting - implementation varies widely

    Around a fifth of companies subject to sustainability reporting obligations do not yet produce sustainability reporting, despite a comprehensive understanding of the requirements, according to market research published by Knowit on 9 November. The requirements of the EU Sustainability Reporting Directive will enter effect in phases between 2024 and 2026.Most of the companies surveyed will have to change their sustainability reporting due to the new Corporate Sustainability Reporting Directive (CSRD). The requirements of the Directive are well known, but only 74 % of respondents produce some

    Focus on change in a challenging market

    The quarter has been characterized by a strong focus on initiating and implementing cost-reducing measures to deal with a weaker market. The net sales for the quarter increased by 1.5 percent, combined with an adjusted EBITA margin of 4.9 percent. Net sales were SEK 1,544.1 (1,520.9) million and the EBITA profit, adjusted for acquisition and integration costs, was SEK 74.9 (94.5) million. The trend noted throughout 2023, with longer sales cycles and projects being postponed, has continued into the third quarter. The market uncertainty remains high and we are facing challenges in keeping the

    Nomination Committee in Knowit AB

    Knowit’s Nomination Committee ahead of the AGM 2024 has been appointed.Pursuant to the instruction to the Nomination Committee of Knowit AB, the Nomination Committee shall consist of one representative for each of the three largest registered shareholders that wish to participate in the work, along with the Chairman of the Board. The new Nomination Committee consists of:  · Jonas Backman, appointed by Protector Forsikring ASA · Margareta Alestig, appointed by JCE Group AB · Teresa Enander, appointed by Formica Capital AB · Jon Risfelt, Chairman of the Board Teresa

    Invitation to Knowit’s presentation of the interim report January – September 2023 on 25 October at 10.00 am (CET)

    On Wednesday 25 October at 07.30 am (CET) Knowit AB (publ) will publish its interim report for January-September 2023. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English.   Link to the audiocast: https://www.investis-live.com/knowit/6513eb176dedf60c00e55edd/hdrt     Telephone numbers to the audiocast: Sweden

    Knowit continues digitalization of Norwegian Posten Bring

    Knowit has extended its collaboration with Posten for the coming years and delivers broadly in several areas, from tech to user experience.Knowit will be assisting Posten in the areas total supplier, system development, and user experience over the coming three years, with an option for an extension of another two years. “We are very pleased that Posten has given us renewed and extended confidence. By working closely over time with an organization like Posten, we contribute to creating technical solutions that drive society forward and simplify everyday life for their customers,” says

    Juha Markkanen appointed as new CEO of Knowit Solutions Oy

    Juha Markkanen (B.Sc) has been appointed as the new CEO of Knowit Solutions Oy, starting from 1st of September 2023.Markkanen, who has a long career in management, sales and development positions in the IT industry, will become CEO from the position of Chief Operating Officer of Knowit Solutions Oy. Previously he has worked in the company e.g. as Vice President of Sales and Marketing and acting CEO. - I take on the CEO role excited and proud of how I have managed to plan and build Knowit Solutions of the future in my current role. Our great success in our challenging market situation at

    Uncertain market affects the results of the second quarter

    During the second quarter of the year, Knowit has been more impacted than previously by a weaker market. Net sales for the quarter increased by 6.9 percent, combined with an adjusted EBITA margin of 4.4 percent. Net sales were SEK 1,758.8 (1,644.7) million and the EBITA profit, adjusted for acquisiton and integration costs, was SEK 76.8 (140.5) million. The effects of the economic downturn has hit harder and faster than expected and cause increased uncertainty about the development on all markets where Knowit operates. This is seen primarily in longer sales cycles for new assignments and

    Invitation to Knowit’s presentation of the interim report January – June 2023 on 20 July at 10.00 am (CET)

    On Thursday 20 July at 07.30 am (CET) Knowit AB (publ) will publish its interim report for January-June 2023. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English.   Link to the audiocast: https://www.investis-live.com/knowit/649e87239b8a600d0040f8bc/qrtg   Telephone numbers to the audiocast: Denmark

    Knowit develops the Norwegian Customs' flow of digital goods

    Tolletaten, the Norwegian Customs, will modernize the digital flow of goods in and out of the country. Knowit is selected as a cooperation partner in the contractual area for goods and customs handling. The agreement has a total value of up to NOK 270 million over six years.- During the last decade, we have worked to assist the public sector in Norway with digitization of both systems and processes. Some good examples include NAV, the Norwegian Tax Authority and the Municipality of Oslo. The fact that we have now received the trust from the Norwegian Customs to carry out such an extensive

    Continued growth in an uncertain market

    Knowit is starting the year with continued revenue growth and good profitability. Net sales in the quarter increased by 16.2 percent combined with an adjusted EBITA margin of 10.1 percent. Net sales amounted to SEK 1,970.5 (1,695.3) million and the EBITA result, adjusted for acquisition and integration costs, to SEK 198.1 (194.2) million. Demand for high-quality digitalization services and solutions is relatively stable and Knowit continues to strengthen its position as a leading player in digital transformation. The consequence of increased geopolitical uncertainty and a changed

    Invitation to Knowit’s presentation of the interim report January – March 2023 on 3 May at 10.00 am (CET)

    On Wednesday 3 May at 07.30 am (CET) Knowit AB (publ) will publish its interim report for January-March 2023. On account there of, Knowit offers a presentation in an audiocast where President and CEO Per Wallentin and CFO Marie Björklund comment on the results and answer questions.The report will be available at https://www.knowit.eu/financial-information/The presentation starts at 10.00 am (CET) and will be held in English.   Link to the audiocast: https://www.investis-live.com/knowit/642544bd63f9f8130037c56a/gatg   Telephone numbers to the audiocast: Denmark

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