Interim report, January – March 2017: Strong progress
”The strength of the consulting market and Ework’s growth in the first quarter exceeded our expectations. Operations are growing with good profitability and we passed 7,500 consultants on assignment. All geographical markets and skill segments contributed to the growth.”
Extract from CEO Zoran Covic’s commentary to the Year-end Report.
First Quarter 2017 compared to 2016
- Net sales increased by 42% to SEK 2,389 M (1,685).
- EBIT was up by 40% to SEK 27.4 M (19.6).
- Order intake rose by 52% to SEK 3,475 M (2,284).
- Earnings after tax per share after dilution were SEK 1.21 (0.87).
- The consulting market remains very strong with high demand for consultants in all skill segments where Ework is active.
- Ework is reiterating the outlook for 2017 stated in its Year-end Report 2016: Ework judges that it has the potential for the full year 2017 to continue to progress in line with its long-term targets.
The complete Interim Report is available via link below or at www.eworkgroup.com
Kontaktpersoner för mer information
Zoran Covic, vd och koncernchef, +46 8 50 60 55 00, +46 706 65 65 17
Magnus Eriksson, vice vd och CFO, +46 8 50 60 55 00, +46 733 82 84 80
Ework Group is a market-leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Without having consultants employed, Ework can impartially match every assignment with the right competence from the whole market. Ework was founded in Sweden in 2000, and is now active in Sweden, Denmark, Norway, Finland and Poland. The firm has framework agreements with over 170 leading corporations in most sectors, and over 7,500 consultants on assignment. Ework’s head office is in Stockholm. Its shares are listed on Nasdaq Stockholm.
The information disclosed in this Interim Report is mandatory for Ework Group AB (publ) to publish pursuant to the EU Market Abuse Regulation (MAR) and the Swedish Securities Markets Act. This information was submitted for publication at 10:00 a.m. (CET) on 24 April 2017.
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