Sitowise Group (SITOWS) Investor presentation summary

Strategic positioning and market overview

• Operates as a leading Nordic technical consulting firm focused on the built environment and digital solutions, with a broad service offering and strong local presence in 32 locations.

• Maintains a diversified customer base across infrastructure, buildings, digital solutions, and Sweden, supporting stable growth and resilience.

• Megatrends such as urbanization, digitalization, climate change, and security drive demand for consulting services.

• Regulatory changes, including the new Building Act and EU sustainability directives, create new business opportunities.

Financial performance and targets

• Q1 2024 net sales declined by 8.1% to €51.5 million, with adjusted EBITA margin at 6.6% and leverage rising to 3.8x.

• Infra and Digital Solutions segments defended profitability, while Buildings remained weak but showed positive order intake signals.

• Long-term targets include annual net sales growth over 10%, adjusted EBITA margin of at least 12%, and net debt/EBITDA below 2.5x.

• Recurring revenue and sustainability services are targeted to reach 10% of net sales and over €10 million, respectively, by end of 2025.

Business area performance

• Infra outperformed the market with strong demand in energy and environmental projects, despite tight pricing and mixed market conditions.

• Buildings segment faced continued weakness but saw early signs of recovery and increased order intake.

• Digital Solutions maintained stable performance, focusing on SaaS/DaaS and product innovation, with moderate growth expected.

• Swedish operations experienced a mixed environment, with proactive sales and new leadership aiming for future growth.