Knowit AB (LTS:0GNK)
kr 134.1 -1.9 (-1.4%) Market Cap: 3.69 Bil Enterprise Value: 4.48 Bil PE Ratio: 23.75 PB Ratio: 0.92 GF Score: 86/100

Q3 2022 Knowit AB (publ) Earnings Call Transcript

Oct 25, 2022 / 08:00AM GMT
Release Date Price: kr201.2 (-9.49%)
Per Wallentin
Knowit AB - CEO, President

Thank you, and a warm welcome to this presentation of Knowit's Q3 report 2022. We can take the next slide, please. Today, I will present together with Marie Björklund, our CFO. And we can take the next slide, please.

First, I would like to take you through some operational highlights during the third quarter. We continue to see good demand for digitalization services. And I'm pleased to see that we have had a strong organic growth in the quarter. Our business areas, experience and connectivity, continue to perform well, increased revenue and margins.

Overall, we have a negative margin development, mainly explained by weaker performance within insight in Finland. We see that Finnish customers in this segment are a bit more reluctant to take on the longer assignments and to get people into new projects. And this is mainly manifested on our performance in the newly acquired company, Marketing Clinic, this quarter.

But long term, we see good potential in our management consulting business, both in Finland and in other markets. And we are

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot