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Interim Report January – March 2011

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FIRST QUARTER 2011 COMPARED WITH 2010

  • Net sales rose by 45 percent to SEK 610.3 million (420.4)
  • Operating profit improved by 62 percent to SEK 10.7 million (6.6)
  • Non-recurring costs of SEK 1.4 million have been charged to the period further to the implementation of structural changes in Finland
  • Order intake was SEK 784.7 million (521.0), representing and increase of 51 percent
  • Earnings per share after tax were SEK 0.47 (0.33)
  • For the first time, the number of consultants on assignment exceeded 2,000, and peaked at 2,114


CEO commentary
"eWork’s net sales continued to grow strongly in the first quarter, and the operating profit improved significantly compared with last year. The market situation is very favourable - in addition to which eWork’s growth was considerably higher than the market average, which we estimate to be about 10 percent for the period."


Further information is available from
Claes Ruthberg, President and CEO
+46 8 50 60 55 00

Ulf Henning, CFO
+46 8 50 60 55 00, +46 70 555 35 45
www.ework.se


Information disclosed in this interim report is that which eWork Scandinavia AB (publ) will publish pursuant to the Swedish Securities Market Act. Such information will be submitted for publication at 14.00 hrs (CET) on 2 May 2011.

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Interim report eWork

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