White Pearl Technology

White Pearl Technology Group AB Increases Financial Forecast for 2028

REG

Comparison of Previous and Revised Financial Targets

Year Previous Target Revised Target Revenue Change
Revenue (MSEK) EBITDA Margin EBITDA (MSEK) Revenue (MSEK) EBITDA Margin EBITDA (MSEK)
2021 (A) 134.9 11.0% 14.9 135 11.0% 14.85 -
2022 (A) 182.5 11.1% 20.3 183 11.1% 20.31 -
2023 (A) 239.6 14.1% 33.8 240 14.1% 33.84 -
2024 290 >14% - 310 16.3% 50.53 +6.9%
2025 (E) 370 >14% - 470 15.4% 72.38 +27.0%
2026 (E) 455 >16% - 572 16.1% 92.09 +25.7%
2027 (E) 570 >17% - 694 17.0% 117.98 +21.8%
2028 (E) 700 >17% - 827 17.1% 141.42 +18.1%

Note: (A) denotes actual results, (E) denotes estimates. These figures include organic growth and planned acquisitions and exclude depreciation, interest, taxes, and write-offs.

Marco Marangoni, CEO of White Pearl Technology Group, commented: "Our exceptional 2024 results, with revenue of SEK 310 million representing 6.9% growth over our previous forecast, have given us confidence to significantly raise our long-term financial targets. The updated Vision 2028 plan reflects the accelerating momentum of our business model and the increasing demand for our digital transformation services across global markets."

The Company will provide more detailed information on the strategic initiatives supporting these targets in a follow-up announcement.

This information is regulated information that White Pearl Technology Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below at 11:00 CET on March 12, 2025.

About White Pearl Technology Group AB

White Pearl Technology Group AB (WPTG) is a global technology company specialising in digital transformation solutions. With a presence in over 30 countries and a team of more than 750 experts, WPTG helps organisations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation.

For more information, please contact:

Investor Relations
White Pearl Technology Group AB
Email: ir@whitepearltech.com
Phone: +46 707 340804

Datum 2025-03-12, kl 11:00
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