Knowit AB (publ) (KNOW) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone to the Know It Interim Report Q2 2026. My name is Becky and I will be your operator today. All lines will be muted throughout the presentation portion of the call with a chance for Q&A at the end. If you wish to ask a question in this time, please press star followed by one on your telephone keypads or submit a webcast question via the questions tab. I will now hand over to your host, Per Valentin, CEO to begin. Please go ahead. Hi everyone and a warm welcome to this presentation of Nowitz's report for the second quarter. With me today is our CFO Marie Björklund and also Fredrik Ekerhout who will take over as acting CEO from 1st of August. First some operational highlights in the quarter. We are very pleased to report improved adjusted profitability and margin compared to the same quarter last year. Our operational efficiency continues to deliver results with actually six quarters after each other of improved utilizations. At the same time, the market remains mixed Customer activity is improving, particularly within the public sector in Sweden. However, decision-making processes are still slow, which especially affects businesses with shorter project cycles. As reported in previous quarters, demand remains strong in areas such as cybersecurity, defense, ERP, and digital transformation. And after a long period of investing in further future growth areas, and at the same time running efficiency measures in areas where we have been shrinking, our focus is now gradually shifting towards profitable organic growth. AI is a key driver to the next phase of Nowitz development. We are integrating AI into all our client offerings, making them even more relevant going forward. In addition, we are using AI internally to improve both productivity and qua...