Ework Group publishes Interim Report, January - June 2023: Increased earnings with accelerated business development in a cautious market

REG

Q2 2023 compared with Q2 2022

          Net sales grew by 10.5% to SEK 4,384 million (3,967).

          Operating profit rose 9.0 per cent to SEK 38 million (34.9).

          The operating margin (EBIT) was 90 bps (90).

          Profit after financial items increased 21.1 percent to SEK 40.5 million (33.4).

          Order intake grew by 4.8 percent to SEK 5,492 million (5,771).

          The number of professionals on assignment averaged 13,151 (12,358).

          Earnings after tax and per share after dilution amounted to SEK 1.84 (1.49), an increase of 23.5 percent.

First half of 2023 compared to 2022

          Net sales grew by 13.4 percent to SEK 8,950 million (7,891).

          Operating profit increased 12.0 percent to SEK 91.7 million (81.9).

          Profit after financial items increased 17.9 percent to SEK 92.5 million (78.4).

          Earnings after tax and per share after dilution amounted to SEK 4.19 (3.54), an increase of 18.4 percent.

Outlook

          Ework’s belief that the Group will grow more rapidly than the market and report continued improvements to its operating margin for 2023 stands firm.

The complete Interim Report is available via link below or at www.eworkgroup.com.

At 1 pm CEST, 19th July, CEO Karin Schreil and CFO Klas Rewelj will present (in Swedish) the company’s interim report for the second quarter 2023.

Register for the webcast
Register for the teleconference

For more information, please contact:
Karin Schreil, VD, Ework Group AB
Phone: +46 (0)70 794 58 83, e-mail: karin.schreil@eworkgroup.com

Klas Rewelj, CFO, Ework Group AB
Phone: +46 (0)70 626 54 24, e-mail: klas.rewelj@eworkgroup.com

The information disclosed in this Interim Report is mandatory for Ework Group AB (publ) to publish pursuant to the EU’s Market Abuse Regulation (MAR). This information was submitted for publication at 11:00 am (CEST) on 19 July 2023, through the agency of the CEO.
 

About Ework Group
Ework Group AB (publ) provides total talent solutions, with a focus on IT/OT, R&D, Engineering and Business Development and has today more than 13,000 independent professionals on assignment. Ework partners with clients in both the private and the public sector, and with professionals to create sustainable talent supply chains. Ework was founded in Sweden in 2000 and operates in Sweden, Denmark, Norway, Finland, and Poland with its head office in Stockholm. Ework’s shares are listed on Nasdaq Stockholm. www.eworkgroup.com

Datum 2023-07-19, kl 11:00
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