Continued profitable growth

Published 15 Jul 2019

For Knowit’s three business areas, demand is generally very high in all operations and on all geographic markets. During the first six months of 2019, Knowit has shown continued profitable growth, in particular on the Norwegian market.

Knowit increased net sales by 10.3 percent to SEK 1,718.3 (1,558.2) million for the six-month period. The EBITA profit increased by 4.4 percent to SEK 165.7 (158.7) million. The margin was 9.6 (10.2) percent.

Knowit’s three business areas, Experience, Insight, and Solutions, supplement one another and contribute to an increasing number of joint deals and assignments.

“One major challenge for our clients is to create a culture that promotes digital development and innovation, where old work methods are challenged by new ways of working. Other important areas where we can support our clients are in the use of big data, advanced analysis, and artificial intelligence. These are all areas in which Knowit has strong client offerings,” says Per Wallentin.

Knowit is one of the most popular workplaces among young professionals, which is reflected in Universum’s annual ranking of Nordic employers. Net recruitment has continued at a measured pace during the six-month period.

“As in the past, we strive to achieve organic growth through recruitment. We have a very strong employer brand, an attractive corporate culture, and three business areas that continue to attract new colleagues,” says Per Wallentin.

For detailed information on the results for the quarter, please see the interim report available on the website.

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