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DistIT presents new financial targets for 2025

08:00 / 18 March 2021 DistIT Press release

DistIT has implemented a number of programs to secure a future-proof development of the company, added necessary competences, and developed an updated strategy and business plan. Following this, DistIT presents financial targets for 2025 consisting of:

  • Revenue of SEK 3.5 billion
  • Gross margin of 25 %
  • EBIT margin of minimum 8 %
  • Accumulated M&A capacity of SEK 1.5 - 2.0 billion after dividends

DistIT will further explain these financial targets during its digital capital markets day on March 25, 2021 at 09.00-12.00 CET.

Register by email to Oskar Magnusson, Investor Relations DistIT, oskar.magnusson@distit.se. The link to the event and a detailed agenda will be shared after the registration is closed.

Contacts:

Robert Rosenzweig, CEO DistIT AB
Phone: +46 70 768 50 42
Email: robert.rosenzweig@distit.se

Philip Gunnarsson, CFO DistIT AB
Phone: +46 73 086 96 82
Email: philip.gunnarsson@distit.se

About DistIT AB

DistIT acquires, owns and develops niche distributors of IT, mobility, consumer electronics, networking and data communications products in the Nordic and Baltic countries. Companies within the DistIT Group deliver B2B as well as B2C products to the IT markets in the Nordic and Baltic countries. The DistIT stock is listed on the Nasdaq First North Premier exchange and DistIT's Certified Adviser is Erik Penser Bank AB, e-mail certifiedadviser@penser.se, phone +46 8 463 83 00.

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MFN

This information was distributed by MFN https://www.mfn.se/