- 7.8.2024
I am satisfied that, despite the challenging market situation, in the financial period that ended in February, we achieved a growth of about ten percent and maintained our profitability at a fairly good level. The competition was tight during the accounting period, and the caution of customers due to the general economic situation was reflected, for example, in decision-making delays. However, the first quarter of the current financial year has been good for us and has strengthened the positive outlook for the autumn.
Graniitti and Conversatum merged their businesses on March 1, 2024, which can be considered the most significant change of the season. Graniit's and Conversatum's services complement each other well and enable a seamless service chain for our customers. From Conversatum, we received excellent solution consulting expertise and a solid foothold for the public sector. This nicely complements Graniiti's operations, which are mainly focused on private sector project business. After the merger, we are 35 rock-hard professionals. It is good to continue our controlled growth in the autumn also in the number of personnel, of course without compromising on expertise.
During the spring, together with the staff, we have focused on our strategy. Now we can summarize our detailed strategy in the picture we made:
Our mission will continue to be the most reliable partner in your most important changes.
Our vision is to be the most significant expert company where everyone has an important role. We create a sustainable future with your support.
Our values can boil down to respect, appreciation, trust and courage.
We are the best workplace for us, and by working together and caring, we make our customers successful. We are united by commitment and diligence. We are constantly developing our expertise for the benefit of the customer. In the background, we minimize extra administration and keep things simple and clear. Our operations are responsible in all respects. People – customers, our employees, our partners – are everything to us! Humans are also at the center of digitization and the changing world.
We will continue our growth and also strengthen our cooperation network. In the future, we want to offer customers in all sectors more and more extensive services, focusing on operations in the middle ground between business and IT, because that is what we are best at. We strengthen different areas by carefully listening to customers' needs and at the same time taking into account the general lines of development.
In the current economic period 2024-2025, we are aiming for a turnover of €6M, from which our growth target will continue in 2026 to a turnover of €10M. Our operating profit target is 10–15 %, so the commonly used term profitable growth best describes our financial target.
In the last couple of years, we have done responsibility work in our company, from which we have also modified the service sold to our customers. At Graniit, we crystallized our own idea of responsibility in a term a future-proof company, which we all build together.
You can familiarize yourself with our responsibility work and corporate responsibility reports from here.
We act responsibly, we take care of people and the environment, and we focus not only on controlled growth but also on the company's profitability. With these principles, we can manage in this constantly changing, but interesting business environment.
We will be happy to help you on your way to responsible business!
Expert partnership both in business changes and technical projects.
We are the best workplace for us, and by working together and caring, we make our customers successful.
Espoo office:
Keilaranta 1, 02150 Espoo
Kuopio office:
Microkatu 1R, 70210 Kuopio
Get in touch, and let's discuss how we can help you succeed in business transformations and IT projects, ensuring successful implementation.