Webstep ASA: Third quarter results 2023
Oslo, 9 November 2023: Webstep ASA reports revenues of NOK 211.2 million (NOK 193.9 million) and EBIT of NOK 2.3 million (NOK 5.5 million) for the third quarter of 2023. The EBIT margin for the quarter was 1.1 per cent (2.8 per cent). Net profit for the third quarter was NOK 0.3 million (NOK 3.2 million).- Revenues are impacted by challenging market conditions especially for the Swedish operation, while we experienced revenue growth in the Norwegian operation. Lower utilisation affects EBIT, in addition to costs related to the temporary increase in employer contribution for Webstep Norway.