Sitowise Group (SITOWS) AGM 2026 presentation summary

Key financial performance and market overview

• Revenue for 2025 was €188.6 million, a 2.2% decrease from the previous year, with adjusted EBITA margin at 4.7% and a net loss of €42.4 million, mainly due to a €39.6 million goodwill impairment in Sweden.

• Infra and Digital Solutions segments grew, while Building and Sweden segments saw revenue declines; Infra showed strong organic growth, especially in rail and industrial projects.

• Cash flow from operations remained strong at €18.8 million, and a new €89 million secured financing agreement was signed in March 2026, extending to June 2028.

• No dividend was proposed for 2025, and all AGM proposals, including board remuneration, auditor selection, and share issuance authorizations, were approved with near-unanimous support.

Strategic direction and operational focus

• Strategy centers on empowering people, customer-centric growth, scaling digital services, and operational efficiency.

• 2026 priorities include improving profitability in Sweden and Building segments, accelerating growth in industrial, data center, energy, security, and product business, and maintaining strong cash flow.

• Medium-term financial targets: organic revenue growth above market, adjusted EBITA margin over 10%, and net debt/EBITDA below 3.0x.

• Market outlook highlights growth from green transition, industrial and infrastructure investments, and increasing importance of digitalization and sustainability.

Governance, board, and ownership

• Board size set at six, with one new member, Tawhid Ali, joining; all other board members re-elected.

• Board remuneration increased slightly, and KPMG Oy Ab was reappointed as both auditor and sustainability assurance provider.

• Largest shareholders include Paradigm Capital AG (25.4%), Intera Partners Oy (14.3%), and Nordea Henkivakuutus Suomi Oy (5.9%), with about 40% of ownership outside Finland.