Sitowise Group (SITOWS) Investor presentation summary

Business overview and market position

• Operates as a Nordic expert in the built environment and forestry, with a strong digital focus and over 2,000 experts across 30+ offices.

• Four business areas: Infra (37% of net sales), Buildings (30%), Digital Solutions (19%), and Sweden (15%).

• Holds a wide and diverse customer base, with significant exposure to municipalities, state, energy, industry, and construction companies.

• Proprietary SaaS products account for ~30% of Digital Solutions, with a goal to double net sales in this segment by 2030.

• Recognized as a leading infrastructure expert in Finland and a competent challenger in Sweden.

Q1 2025 performance and financials

• Q1 2025 net sales down 6.5% to €48.1M; adjusted EBITA margin at 5.1% (vs. 6.6% prior year).

• Number of FTEs decreased by 7.6% to 1,740; utilization rate at 72%.

• Order book turned to growth, reaching €157M; NPS improved to 35.

• Cash flow from operating activities before financial items and taxes was €0.5M; leverage increased to 6.0x.

• Infra and Digital Solutions performed strongly, while Buildings showed profitability turnaround and Sweden remained weak.

Segment highlights and operational actions

• Infra benefited from strong demand in energy, environmental, and security projects; order book at a good level.

• Buildings segment delivered positive adjusted EBITA, with operational adjustments and focus on growth segments.

• Digital Solutions saw double-digit product business growth and strong SaaS performance, with pilots expanding internationally.

• Sweden continued to face challenges, but order intake improved and restructuring actions are ongoing.