Slide 1: Improved utilisation and strategic acquisitions
Improved utilisation and strategic acquisitions Interim report January – June 2025 I N V E S T O R P R E S E N T A T I O N /J U L Y 2 02 5 Information Classification: INTERNAL
Slide 2: Today's presenters
Today’s presenters: Per Wallentin Marie Björklund CEO & President CFO
Slide 3: Stability in an uncertain world
Q2 in brief: Stability in an Positive utilisation trend continue, particularly in Solutions and Experience uncertain world Enhanced offering in defence and fintech through targeted acquisitions Trends in the Nordics are pulling in different directions – Norway stable, Sweden improving, challenges in
Slide 4: Two strategic acquisitions to strengthen offering in key segments
Two strategic Milso: 20 people with deep experience from the defence sector with several significant defence clients, e.g FMV acquisitions to Enabler for stronger partnerships in the defence sector, laying foundation for further strengthen offering in growth Insicon: Around 50 consultants with 15+ y
Slide 5: Solutions
Operations Business area Solutions Nordic market leader in systems development Utilization rates continue to improve, key factor for future growth Selective recruitment in growth areas to secure future growth Norway remain strong and Sweden moves in the right direction while Finland and Denmark have
Slide 6: Experience
Marketing & sales Business area Experience The largest digital agency in the Nordic region Both head and tail wind with utilization rates improving, but tough price competition remain Demand for competence in data and analytics increase, particularly in Sweden, improving our ability to win highly co
Slide 7: Connectivity
Research & development Business area Connectivity Supporting a connected world Challenges from down-turn in the telecom sector remain Several new assignments in the second quarter create energy and confidence We see possibilities to move into growth mode during the fall, following intense work to op
Slide 8: Insight
Management teams Business area Insight Management consultants from strategy to implementation Profitability impacted by continued work with optimization and restructuring Uncertain market situation remain, clients postpone business decisions until after the summer Strong demand within defence sector
Slide 9: Q2 in figures
Q2 in figures
Slide 10: Financial quarter April–June 2025
Financial quarter April–June 2025 1,490.5 54.0 3.6 % Net sales decreased Adjusted EBITA The adjusted EBITA by 11.3% (1,681.3) million decreased compared to last margin decreased to 3.6% (5.6) year (94.2 million)
Slide 11: Revenues and EBITA Adjusted development
Revenues and EBITA Adjusted development
Slide 12: Net debt development
Net debt development Net debt development Healthy balance sheet and solid financial position Net debt of 647 MSEK Within the frame of our financial target of maximum 2x EBITDA Amortization of leases impact other liabilities (IFRS)
Slide 13: Strong and diversified important in unsecure market
Sales per client segment Strong and diversified important in unsecure market The stabilization trend in the public sector continues Stable development in the retail sector… …as well as industry sector, two segments where Knowit is strongly positioned The negative development in the telecom sector pr
Slide 14: In summary
In summary Positive utilisation trend in Solutions and Experience – with high activity levels and several new assignments Two strategic acquisitions in defence and fintech – key areas for future growth Mixed picture in the Nordics remain, Swedish market improving Challenging to balance price movemen
Slide 15: Tack/Takk/Kiitos
Slide 16: Slide 16