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Year-End Report, January 2010 – December 2010

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"eWork reports substantially improved sales and profits for 2010 further to successful market cultivation, economic recovery and our own structural process. The positive trends continued in the fourth quarter."

Claes Ruthberg, CEO

FOURTH QUARTER 2010 COMPARED WITH 2009

  • Net sales rose by 41 percent to SEK 578.5 million (411.2).
  • Operating profit improved by 166 percent to SEK 11.7 million (4.4).
  • Order intake was SEK 915 million (584) - the highest level ever achieved for one individual quarter.
  • Earnings per share after tax were SEK 0.44 (0.27).

FULL-YEAR, JANUARY - DECEMBER 2010 COMPARED WITH 2009

  • Net sales rose by 16 percent to SEK 1,904.2 million (1,640.1).
  • Earnings per share after tax were SEK 1.57 (0.71).
  • The client offer has been broadened and new products launched under the names of Sourcing Management and Single Sourcing.
  • eWork opened new office in Linköping.
  • Staffan Salén took up his duties as new chairman.
  • The eWork share was traded on NASDAQ OMX Stockholm.
  • The Board of Directors has resolved to propose to the AGM a dividend of SEK 1.15 (0.75) per share.

For further information, please contact:
Claes Ruthberg, President and CEO
+46-8-50 60 55 00, e-mail: claes.ruthberg@ework.se

Ulf Henning, CFO
+46-8-50 60 55 12, mobile: +46-70-555 35 54, e-mail: ulf.henning@ework.se

eWork Scandinavia AB is a full service consulant supplier, listed on the NASDAQ OMX Stockholm. eWork has 110 employees and operations in all of the Nordic countries. Principal owners are Salénia, Magnus Berglind and Investment AB Öresund. Customers include TeliaSonera, Nasdaq OMX, Alecta, Scania, SEB and Swedbank.

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Interim report Year-End Report eWork

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