Targets & outcomes
Knowit’s financial targets, combined with the general sustainability targets, serve to ensure that Knowit aims for long-term profitable and sustainable growth. The financial targets support the strategy for continued growth both organically and through selective acquisitions.
Financial targets and outcomes 2023
Sales growth
Target: The Company shall grow more than the market, targeting an annual growth rate of around 15 percent over time. Growth is to be achieved sustainably through continued organic growth and acquisitions.
Outcome: In 2023, net sales grew by 3.9 percent as compared with the previous year. Over the last five years, the average annual growth has been 19.6 percent.
EBITA margin
Target: EBITA shall grow to 12 percent of net sales over time.
Outcome: In 2023, the EBITA margin was 7.0 percent. Over the past five years, the average EBITA margin has been 8.9 percent.
Net debt in relation to EBITDA
Target: Net debt in relation to EBITDA should not exceed 2 multiples over time.
Outcome: At the end of 2023, net debt in relation to EBITDA were 1.4.
Earnings per share and dividend
Target: The ambition is to pay dividends corresponding to 40–60 percent of profit after tax. The dividend should reflect the Board’s expectations on future market development, as well as the Company’s growth strategy.
Outcome: The Board proposes a dividend of SEK 5.20 per share for 2023, corresponding to 58.8 percent of the earnings after taxes.
Sustainability targets and outcomes 2023
The Board of Knowit has established sustainability targets for the Company. These targets are based on our vision to contribute to a sustainable and humane society.
The UN global SDGs
Target: By 2030, 80 percent of Knowit’s net sales shall contribute to at least one of the UN sustainable development goals where Knowit can make the largest difference.
Outcome: In 2023, 70 percent of the Group’s net sales connected to projects over KSEK 450 classified as supporting an SDG contributed to one of the UN global SDGs.
CO₂ emissions
Target: Knowit shall halve the CO₂ emissions from its own operations before 2030 compared with its figures from 2019, in accordance with the emission goals the Company has set and that have been approved by the Science Based Targets initiative (SBTi).
Outcome: The Company’s CO₂ emissions remain below the target levels set.
Gender distribution among executives at all levels
Target: Knowit shall be an inclusive workplace with an even gender distribution among executives at all levels, between 40 and 60 percent over time.
Outcome: In 2023, the share of women among executives in the Group was 42 percent.
Investment case
A stable company in a strong market, historically good growth and an attractive corporate culture. Here we highlight four reasons to invest in Knowit.
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Annika Billberg
Investor Relations
Christina Johansson
Head of Communications