Dedicare updates profitability target for 2024

Dedicare has had a financial profitability target of its EBIT margin exceeding 7.0 percent. Its Board of Directors has decided to change its profitability target to an EBITA margin of 7.0 percent over time.

Dedicare’s strategy is acquisition-led growth. The reason for this change is to enable the monitoring of profitability performance without the effect of acquisition-related assets. The transfer to an EBITA-based metric is also consistent with how other major staffing and consulting firms monitor their profitability targets, so it increases comparability with other companies on the European market.

This information is mandatory for Dedicare AB (publ) to publish pursuant to the EU Market Abuse Regulation (MAR) and the Swedish Securities Markets Act. This information was submitted for publication through the agency of the following contact at 3 p.m. CET on 25 April 2024.

Krister Widström, CEO & MD, +46 (0)70 526 7991
Anette Sandsjö, CFO, +46 (0)73 343 4468

Ringvägen 100, entrance E, 10th floor
118 60 Stockholm
Sweden
Tel: +46 (0)8 555 65600
www.dedicaregroup.com
Corp. ID no.: 556516–1501

About Dedicare

At Dedicare, we’re passionate about adding expertise to healthcare, life science and social work. We’re driven by making a responsible and sustainable contribution to people's health, development and quality of life. Dedicare was founded in 1996 and is the Nordic region's largest recruitment and staffing provider. We have operations in Sweden, Norway, Denmark and Finland, and have also had a presence in the UK and Ireland since autumn 2022. Dedicare is listed on Nasdaq Stockholm and had sales of SEK 2.0 billion in 2023. Each day, we have over 2,000 employees on assignment. We see Europe as our future market, and in time, our vision is to grow into one of Europe's leading recruitment and staffing providers in healthcare, life science and social work.

Read more about Dedicare at dedicaregroup.com