Company Announcement no. 01/2021:

Wirtek announces 2025 strategy with an expected average annual growth of 30%

Wirtek publishes its new 5-year growth strategy, Accelerate25, with an expected average annual growth of 30%.

  • Wirtek’s long-term goal is an annual revenue of DKK 100m and pre-tax profits of DKK 10m by fiscal year 2025.

  • Wirtek expects to grow profitably with an annual EBITDA-margin of minimum 6% during the full strategic period.

To reach these financial goals, Wirtek has defined 4 strategic tracks:

  • Accelerated profitable growth through a combination of organic growth and acquisitions.

  • International sales expansion with focus on select geographical markets in North-Western Europe.

  • Scalable and sustainable sourcing in nearshore locations with right combination of skills, capacity, culture, stability, and cost.

  • Best-in-class workplace to be inspired, challenged professionally, and develop personally.

The complete strategy is attached to this announcement.

 

Further information
  • Michael Aaen, CEO, Wirtek A/S, Phone: +45 2529 7575, E-mail: ir@wirtek.com
    Niels Jernes Vej 10, 9220 Aalborg Ø, www.wirtek.com 

  • Kent Mousten Sørensen, Chairman, Wirtek A/S, Phone: +45 2125 9001

  • Per Vestergaard, Certified Advisor, CDI Global, Phone: +45 2176 4317

About Wirtek

Wirtek is a Danish IT outsourcing company. Since 2001, we have been teaming up with companies to help them create great software solutions and electronic equipment products.

Several clients have been with us for 10+ years, so we can confidently say that in outsourcing, the quality of the relationship matters just as much as the quality of the delivered software. Our clients get state-of-the-art technical solutions and a committed team that works with them as if it were their own.

Wirtek has offices in Denmark (HQ + sales) and three development and test centres in Romania, and we are 100+ colleagues. Wirtek was listed at Nasdaq First North Growth Market Denmark in 2006.

Ticker Code: WIRTEK (DK0060040913)

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