Ework

Fourth quarter 2022 compared to the corresponding quarter 2021

• Net sales grew by 21% to SEK 4,687 million (3,862). The increase was due to Ework winning new business and capturing market share as a result of the active initiatives to meet client needs.
• Operating profit rose 30 per cent to SEK 54.8 M (42.3). The improvement to earnings is attributable to continued growth, and the associated economies of scale.
• Operating margin (EBIT) increased to 120 bps (110)
• Profit after financial items increased 30 percent to SEK 53.5 M (41.3)
• Order intake grew by 12 percent to SEK 8,895 million (7,920)
• The number of professionals on assignment averaged 13,742 (11,856)
• Earnings after tax and per share after dilution amounted to SEK 2.50 (1.92), an increase of 30.2 per cent

Full-year 2022 compared to full-year 2021

• Net sales rose 22 percent to SEK 16,070 M (13,189)
• Operating profit increased 44 per cent to SEK 183 M (127)
• Profit after financial items increased 41 per cent to SEK 175.6 M (124)
• Earnings after tax and per share after dilution amounted to SEK 8.05 (5.68), an increase of 41.7 percent
• The Board of Directors has decided to propose a dividend of SEK 6.50 per share to the upcoming Annual General Meeting.
• Ework believes that the Group will grow more rapidly than the market and report continued improvements to its operating margin for 2023

Subsequent events

• The Board of Directors of Ework Group decided on financial targets for the Group.

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

At 1 pm CET, 9^th February, CEO Karin Schreil and CFO Klas Rewelj will present (in Swedish) the company's interim report for the fourth quarter and Full Year 2022.
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