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Sitowise holds its Capital Markets Day today on 7 June 2023

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Sitowise Group Plc investor news 7 June 2023 at 10:30 am EEST

Sitowise hosts its Capital Markets Day for analysts, institutional investors and other capital market representatives, and media representatives in Espoo, Finland, today on 7 June 2023.

During the event, the company’s management will discuss Sitowise's strategy for the years 2023-2025 as well as its growth and profitability drivers during this period. Innovations, sustainability and efficiency have a key role in implementation of the strategy.

Sitowise does not announce new strategic or financial goals in connection with the event. The presentations include, among other things, the following information, which is of interest to investors, but is not considered to be material information about the company.

  • Sitowise’s ambition is to grow its recurring revenue to represent 10% of its net sales at the end of the strategy period 2023-2025
  • Sitowise’s ambition is to double its sustainability service revenue from its current level of approximately 5 million euros by the end of the strategy period 2023-2025
  • the company discloses also the following sensitivities that are calculated for the current business entity on annual level:
Number of working days +/- 1 day +/- 0.7-0.9 M€ Topline and bottom-line impact
Sickness absences +/- 1%-point -/+ 2 M€ Topline and bottom-line impact
SEK / EUR FX rate +/-10% +/- 4 M€ Topline impact

Sitowise's Capital Markets Day starts today at 1.00 p.m. EEST and can be viewed at Capital Markets Day 2023 (videosync.fi). The event and presentation materials are in English. The materials will be published on Sitowise's website after the event.

Further information: ir@sitowise.com

About Sitowise

Sitowise is a Nordic expert in the built environment with strong focus on digitality. We provide design and consulting knowhow to enable more sustainable and smarter urban development as well as smooth transportation. Sitowise offers services related to real estate and buildings, infrastructure, and digital solutions both in Finland and in Sweden. Global megatrends drive huge changes that require a re-evaluation of the smartness in the built environment – therefore we have set our vision to be Redefining Smartness in Cities. The Group's net sales were EUR 204 million in 2022 and the company employs more than 2,200 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading symbol SITOWS.

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