B3 Consulting Group (B3) ABGSC Investor Days summary

Company overview

• B3 Consulting Group is an expansive IT and management consulting firm with over 1,000 employees in Sweden, Poland, and Norway, and reported 2024 revenue of 1,129.3 MSEK.

• The company emphasizes a strong culture, diversity, and entrepreneurship, supporting over 200 wellness activities annually and earning multiple workplace awards.

• B3 operates through specialist teams and subsidiaries, fostering flexibility and deep expertise for digital transformation projects.

• The group has a history of profitable growth since its founding in 2003 and is listed on Nasdaq Stockholm.

• Maintains long-term relationships with major clients across various sectors, including finance, public sector, and industry.

Q1 2025 highlights

• Achieved 15% revenue growth to 323.6 MSEK, with organic growth at 3.9%.

• EBITDA margin improved to 7.4%, with adjusted margin at 8.5% after minor one-off costs.

• Profit after tax reached 7.5 MSEK, and earnings per share increased to 0.73 SEK.

• Average workforce grew to 975, and utilization rate improved by 2.6 points to 84.2% (including Poland).

• Acquisitions of Habberstad AS completed and Webstep AB progressing as planned.

Growth initiatives and international expansion

• Strategic investments include establishing a delivery company in Norway and expanding in Poland, including a new cybersecurity startup.

• Increased bond financing by 50 MSEK to support future acquisitions.

• B3 Norway launched after acquiring Habberstad AS, with new leadership and a frame agreement with Stortinget.

• Polish operations show strong growth, with 31% of Q1 2025 business from international clients and new partnerships in cloud and AI.

• B3 CyberSecurity startup launched in Poland, led by a recognized expert.