Management and the Board of Directors of MastIT Group have updated the strategic business plan and set the Group’s financial targets for the coming years. The Company is refining its targets by distinguishing between organic growth and acquisition-driven growth. Despite increased uncertainty around macroeconomic factors and generally weaker reports from several listed peers, MastIT Group is setting a target of 15% organic growth going forward. The Company’s ambition is to continue expanding primarily in Sweden over the next years.

Financial targets

• Growth: The Group targets 15% organic growth per year, combined with acquisition-driven growth. In years with acquisitions, total growth may be higher.

• Profitability: The target EBITA margin is 15% on a full-year basis. Profitability may temporarily vary in the initial years following acquisitions.

• Capital structure: The Company targets an equity ratio (solidity) of at least 35%.

MastIT Group is in an exciting phase of building and development and is in ongoing discussions with target companies for potential acquisitions and/or long-term partnerships. We are open to new business dialogues regarding collaborations and acquisitions that complement our current operations—whether through added competencies, access to additional customers or new markets, or adjacent service/product areas.

We are continuously looking for talent—experienced resources and competencies within the installation or telecom sectors (relevant experience from other industries is also highly valued)—and we offer attractive opportunities to join and grow with MastIT Group.

For further information or expressions of interest, please contact Michael Alex, CEO, MastIT Group.