Targets & outcomes

Financial targets and outcomes 2024

Sales growth

Knowit shall grow more than the market, targeting an annual growth rate of around 15 percent over time. Growth is to be achieved sustainably through continued organic growth and acquisitions. In 2024, net sales decreased by 9.6 percent as compared with the previous year, as a result of a weak economic development. Over the last five years, the average annual growth has been 16.0 percent.

Target: 15% Outcome: -9.6%

Profitability

Knowit’s EBITA margin shall grow to 12 percent of net sales over time. In 2024, the EBITA margin was 5.7 percent. Over the past five years, the average EBITA margin has been 8.1 percent. 

Target: 12% Outcome: 5.7%

Net indebtedness

Net liabilities in relation to EBITDA should not exceed 2 multiples over time. At the end of 2024, net liabilities in relation to EBITDA were 1.2. 

Target: <2x Outcome: 1.2x

Dividends

Dividends shall correspond to 40–60 percent of profit after tax. The dividends should reflect the Board’s expectations on future market development, as well as the Company’s growth strategy. The Board proposes a dividend of SEK 2.30 per share for 2024, corresponding to 59% of the earnings after taxes. 

Target: 40–60% Outcome: 59%

Sustainability targets and outcomes 2024

The Board of Knowit has established sustainability targets for the Company. These targets are based on our vision to contribute to a sustainable and humane society. Knowit shall, together with clients and partners, work to actively contribute to the UN Agenda 2030 and the development of society, with a particular focus on positive environmental and climate impact, and increased inclusion. 

The UN global SDGs

By 2030, 80 percent of Knowit’s net sales shall contribute to at least one of the UN sustainable development goals where Knowit can make the largest difference. In 2024, 89 percent of the Group’s net sales contributed to one of the UN global SDGs. where Knowit can make the largest difference.

Target: 80% Outcome: 89%

Gender distribution among executives at all levels

Knowit shall be an inclusive workplace with an even gender distribution among executives at all levels. In 2024, the share of female executives in the Group with responsibility for salary-setting and recruitment was 42 percent.

Target: 40–60% Outcome: 42%

CO₂ emissions 2019 –2030

Knowit shall halve the CO₂ emissions from its own operations before 2030 compared with its figures from 2019, in accordance with the emission goals the Company has set and that have been approved by the Science Based Targets initiative (SBTi). The Company’s CO₂ emissions remain below the target levels set and have decreased by 35 percent compared with 2019. Emissions in the Company’s own operations (scopes 1 and 2) have decreased by 75 percent in the same period. Read more on pages 49–50.

Target: -50% till 2030

Investment case

A stable company in a strong market, historically good growth and an attractive corporate culture. Here we highlight four reasons to invest in Knowit.

Investment case