Knowit continues to increase its profit and salesPublished 26 Apr 2018
Knowit increased the EBITA result by five percent to SEK 86.3 million for the period January-March 2018. Sales increased by eight percent to SEK 761 million. All three business areas showed positive development and demand remains high on all Nordic markets.
Knowit begins the year as they closed 2017, with a development that remains positive for sales and profit, and with a retained margin. The market is strong in all areas.
"In my view, the fact that we are continuing to do well in all business areas is to our credit and shows our operational strength. We are also continuing to attract a new generation of employees, will also retaining those who are more senior and experienced. The mix of young ambition and mature experience is one of the keys to continued success," says Per Wallentin, CEO and president.
With the goal of creating an even more inclusive corporate culture, we have been performing a group-wide gender project at Knowit since 2016. As part of this project, we have now launched GROW – a developmental program aimed at female consultants at Knowit.
"By strengthening women, we create a culture that includes all our employees, something everybody gains from," says Per Wallentin.
Digitization has moved into a new phase. Automation and innovation support, based on the possibilities of digitization, are increasingly important for the competitiveness of our clients.
"There are many examples where technology plays a role in supporting a circular economy, greater efficiency, and safer management of decisions that affect all of us. Our vision of a sustainable, humane society through digitization and innovation feels more relevant than ever," says Per Wallentin in closing.
For more detailed information on the development for Knowit during the first quarter of 2018, see the interim report attached to this press release.