Margins above target, multiple wins and expansion plans realized
Zalaris' Q1/17 revenues were up 8.0% to NOK 106.4 million, with an EBIT margin of 10.1%. Multiple wins for international clients and an agreement announced yesterday to acquire the company sumarum AG in Germany kick off the company’s expansion plans.Zalaris, a leading provider of payroll and HR services, delivered solid results in Q1/17 with continued strong growth and margins above target. Sales increased 8.0% to NOK 106.4 million in Q1/17 from Q1/16, with a corresponding EBIT of NOK 10.7 million (10.1%) for the period. “2017 started well with an encouraging level of activity and