Knowit AB (GREY:KNWWF)

$ 9.32 0 (0%) Market Cap: 661.44 Mil Enterprise Value: 733.67 Mil PE Ratio: 24.23 PB Ratio: 0.94 GF Score: 81/100

Q3 2024 Knowit AB (publ) Earnings Call Transcript

Oct 25, 2024 / 08:00AM GMT

Transcript

Per Wallentin;publ;President and CEO

Knowit AB

()-

Thank you. And with me today, I also have Marie BjÃ¶rklund that will talk a little bit later. And first, I would like to take you through some operational highlights during the third quarter.

In our largest business area solutions, we are happy to deliver a continuous positive trend in utilization. And in addition to that, the EBITA margin improved for the second quarter in a row. This is mainly a result of our cost reductions and organizational changes. The market is still uncertain with long sale cycles. After summer, the market had a slow start with projects starting up later than normal, particularly in experience and insight in Norway. We have continued to develop our strong partnership with several customers, creating a very stable foundation during the quarter. In Sweden, we still meet the largest challenges. Although we see some improvements in certain segments, Finland and Denmark are development being strong in some areas, but we still need to work more to reach a stable ground in others.

Well,

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