Tuesday, July 19, 2016

Upwards of Knowit – Swedish Dagbladet

Knowit results improved significantly during the second quarter and its shares are rushing in Monday’s opening trading.

Total increased IT consultant net sales 10.7 percent in the second quarter and EBITA improved to 52.6 million SEK (27.9).

CEO Per Wallentin emphasizes that the business area of ​​management consulting Knowit Insight shown strong results.

“I take it that our focus on the new type of management consultants, who have considerable expertise in both business development and technology, is absolutely right, “he writes in the report.

Insight increased external sales to 81.7 million SEK in the quarter (66.9) with an EBITA margin of 16.1 percent (11.1).

the operations of iT consulting, which is concentrated in the business area Knowit Solutions, external sales to SEK 430 million (374) during the quarter, with a margin of 10.3 percent (6.6).

the business area of ​​digital communications, Knowit Experience, however, developed worse than what the company had hoped, the report says .

At 9:35 pm Knowit had gone up 9.4 percent.

LikeTweet

No comments:

Post a Comment