Knowit's Chairman of the Board Jon Risfelt commented:

"Knowit is uniquely positioned to drive and accelerate the digital transformation towards the sustainable business models of tomorrow. By the acquisition of Cybercom, we are further strengthening our position in the Nordic market, creating a platform for profitable growth and continued selective acquisitions."

• Growth target: Sales growth exceeding market growth, targeting an annual growth rate of around 15 percent over time. Growth is to be achieved sustainably by continued organic growth and acquisitions.
• Earnings target: EBITA target of 12 percent of net sales over time.
• Capital structure: Net debt in relation to EBITDA should not exceed 2x over time.
• Dividend policy: The ambition is to pay dividends corresponding to 40-60 percent of profit after tax. The dividend should reflect the Board's expectations on future market development, as well as the Company's growh strategy.

Further, Knowit's ambition is to update its non-financial sustainability targets during the course of the year.

This information is information that Knowit AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Per Wallentin, CEO, at 2021-05-05 07:00 CEST.