PRESS RELEASE
Operational improvement in an uncertain environment
We start off the year with a continued gradual improvement in our operations. Utilization is strengthened further compared with the first quarter a year ago and the trend is persistent. This is a result of consistent work to strengthen client dialogues, improve resource planning, and increase efficiency. Still, the market remains challenging and has not yet turned upward to any broader extent. We continue to optimize our competence base to changing client needs, a shift which affects results in the short term, but strengthens our long-term competitiveness. The quarter’s net sales were SEK 1,449.9 (1,593.6) million, with an EBITA margin of 5.8 percent.
“Overall, our business areas’ underlying operations have developed stably during the quarter, despite continuing selectivity and hesitance in the market. Our largest business area, Solutions, remains the engine driving the positive trend. The gradual recovery in Sweden contributes to improved utilization, which has positive effects on both efficiency and profitability. At the same time, we retain a clear focus on further optimizing utilization, increase sales per employee and ensuring that our capacity is aimed at the areas where demand is strongest,” says Per Wallentin, President and CEO of Knowit.
Knowit continue to adapt the competence base to meet changed client needs in the wake of AI developments. This change means increased restructuring costs in the quarter. The work to strengthen the position in growth areas, such as ERP solutions and data analytics has continued. This shift has burdened the quarter, but is an important investment to ensure our long-term competitiveness.
“A central part of our transformation is to increase collaboration with both partners and within the Group. By leveraging our collective expertise and combining competencies across business areas, we strengthen our ability to meet customers' changing needs while driving long-term growth”, comments Per Wallentin.
For more detailed information on the results of the third quarter, please see the interim report available on the website and appended to this press release.
Presentation of the report
Knowit will be holding a presentation of the Interim Report today, Friday October 24. 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 (CEST) and will be held in English.
Link to the audiocast: https://www.investis-live.com/knowit/69c17d533d1719000fbf920f/dsbsghf
Telephone numbers to the audiocast:
Sweden +46 8 5051 0031
United Kingdom +44 207 107 0613
Other international numbers are available HERE
No advance notification is necessary. After the presentation, a recording of the webcast will be available at https://www.knowit.se/ir/rapporter--presentationer/
This information is information that Knowit 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 2026-04-29 07:30 CEST.
Contact
Marie Björklund
CFO
Christina Johansson
Head of Communications
Annika Billberg
Investor Relations