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Interim report January – September 2011

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The general economic outlook was discussed considerably during the quarter, although eWork continued to enjoy good growth.
Sales and profits increased significantly and we signed a Letter of Intent with Sony Ericsson, which will represent our largest commitment so far.

THIRD QUARTER 2011 COMPARED WITH 2010

  • Net sales rose by 34 percent to SEK 569.8 million (425.7)
  • Operating profit increased by 71 percent to SEK 12.3 million (7.2)
  • Order intake was SEK 559 million (395), representing an increase of 42 percent
  • Earnings per share after tax and after dilution were SEK 0.54 (0.36)
  • A Letter of Intent has been signed with Sony Ericsson implying that eWork will take over consultant
    delivery representing 20 percent of eWork’s sales as of 1 January 2012

FIRST NINE MONTHS 2011 COMPARED WITH 2010

  • Net sales rose by 40 percent to SEK 1,850.9 million (1,325.7)
  • Operating profit increased by 57 percent to SEK 37.7 million (24.0)
  • Earnings per share after tax and after dilution were SEK 1.66 (1.13)


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

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 15.00 hrs (CET) on 24 October 2011.

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Interim report eWork

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