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  • Johan Lindbladh

    Chief Communications Officer


  • Ework Group AB
    Vasagatan 20, 111 20 Stockholm
    +46 (0) 8 50 60 55 00
    http://www.eworkgroup.com
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    Ework Group, Interim Report, January - June 2019: New digital platformdeals, over 10,000 consultants on assignment

    “For the first time, we achieved over 10,000 consultants on assignment, rolling annualised sales of SEK 12 billion, and can conclude that the scale of our operations has doubled since 2016, when we set our 2020 targets." Extract from CEO Zoran Covics commentary to the Interim Report.Second Quarter 2019 Compared to 2018 • Net sales increased by 13% to SEK 3,249 M (2,871). • EBIT was up by 14% to SEK 30.7 M (26.8). • Order intake rose by 8% to SEK 4,675 M (4,329). • Earnings per share after tax and after dilution were SEK 1.23 (1.15), a 7% increase. • Overall, the consulting

    Interim Report Q3, January – September 2018: Continued investments for growth

    "Operations were fundamentally positive, progressing in line with our long-term plan, although Denmark departed on the downside in the quarter. We secured the first deal for our proprietary Vendor Management System in the quarter, where we see great business potential." Zoran Covic, CEOThird quarter 2018 compared to 2017 ·  Net sales increased by 18% to SEK 2,370 M (2,011).  ·  EBIT for the period was SEK 18.3 M (18.0).  ·  Order intake amounted to SEK 2,390 M (2,197), a 9% increase.  ·  Earnings per share after dilution were SEK 0.73 (0.76).  ·  The consulting market

    Ework is awarded frame agreement with the United Nations Population Fund

    Ework Group has been awarded a Long-Term Agreement, LTA with United Nations (THE UNITED NATIONS POPULATION FUND) for Java development, Mobile Application development, ColdFusion development, and Jira/Confluence development. On-site (New York) or off-site (remote).UNFPA is the United Nations reproductive health and rights agency. Their mission is to deliver a world where every pregnancy is wanted, every childbirth is safe and every young person's potential is fulfilled. https://www.unfpa.org/ The LTA entered into force on May 3, 2018 and is valid for a period of three years and may be

    Year-End Report, January – December 2017: Ework finishes 2017 strongly

    "Ework concluded 2017 with a strong fourth quarter. Net sales were up by 17%, and we achieved high earnings growth again, of 23% year on year. We executed intensive development work, creating the potential for us to achieve our long-term targets for 2020.” Extract from CEO Zoran Covic’s commentary to the Year-End ReportFourth quarter 2017 compared to the corresponding period of 2016 · Net sales increased by 17% to SEK 2,714 M (2,320). · EBIT for the period was up by 23% to SEK 36.0 M (29.3). · Order intake amounted to SEK 4,590 M (3,917) for the fourth quarter, a 17% increase.

    Interim Report, January-September 2017: Continued growth on a very strong market

    "Our change process, where we are sharpening our sales focus by streamlining our organisation, is at its most intensive in the current and coming quarters, to take effect in 2018. Over and above this, we expect to be able to announce promising initiatives next year. We anticipate continued growth and a strong finish to 2017." Extract of CEO Zoran Covic's commentary to the Interim Report.Third quarter 2017 compared to the corresponding period of 2016• Net sales increased by 22% to SEK 2,011 M (1,646).• EBIT for the period was down by 6% to SEK 18.0 M (19.2).• Order intake amounted

    Interim report, January – March 2017: Strong progress

    ”The strength of the consulting market and Ework’s growth in the first quarter exceeded our expectations. Operations are growing with good profitability and we passed 7,500 consultants on assignment. All geographical markets and skill segments contributed to the growth.” Extract from CEO Zoran Covic’s commentary to the Year-end Report.First Quarter 2017 compared to 2016 · Net sales increased by 42% to SEK 2,389 M (1,685). · EBIT was up by 40% to SEK 27.4 M (19.6). · Order intake rose by 52% to SEK 3,475 M (2,284). · Earnings after tax per share after dilution were SEK 1.21 (

    eWork Scandinavia AB (publ) interim report, January-March 2016

    Strong market and continued high growth "In the first quarter of the year, we saw a brisk market and eWork maintained its healthy growth. eWork announced new long-term targets in February. Over the next five years, net sales and earnings per share will grow by an average of 20% per year each.” Extract from CEO Zoran Covic’s commentary to the report.First quarter 2016 compared to 2015 • Net sales increased by 16% to SEK 1,685 M (1,458). • Operating profit up by 14% to SEK 19.6 M (17.2). • Order intake rose by 23% to SEK 2,284 M (1,850). • Earnings per share after tax and

    Year-end Report, January-December 2015

    "eWork concluded 2015 with a strong fourth quarter. Sales grew by 25 percent and profit increased by 41 percent. We delivered consulting services worth over SEK 6 billion in the year, and according to a sector commentator, are now officially Sweden’s largest IT consultant vendor. We’re looking back at a very good year for eWork." Abstract from CEO Zoran Covic's commentary to the Year-End Report.Fourth quarter 2015 compared to 2014 • Net sales increased by 25 percent to SEK 1,741 million (1,389). • Operating profit increased by 41 percent to SEK 22.0 million (15.6). • Order

    Interim Report, January-September 2015

    “The third quarter was strong for eWork. Sales rose by 26 percent and earnings by as much as 63 percent. We are going on all our markets, and the Group’s profitability continued to progress positively.” Extract from CEO Zoran Covic’s commentary to the Interim Report.Third quarter 2015 compared to the third quarter 2014 ·Net sales increased by 26 percent to SEK 1,316 million (1,042). ·Operating profit rose by 63 percent to SEK 17.5 million (10.8). ·Order intake was SEK 1,453 million (1,138), up 28 percent. ·Earnings per share after dilution were SEK 0.85 (0.48).

    Interim Report, April - June 2015

    ”The second quarter was strong for eWork. Sales grew by 34 percent and earnings by as much as 72 percent. All countries are going and increasing their profitability. The positive progress that commenced in 2015 continued in the quarter. We saw continued demand increases for our services, so the number of consultants on assignment passed 5,000 for the first time.”Extract of CEO Zoran Covic’s commentary to the interim report. Second quarter 2015 compared to 2014 •   Net sales increased by 34 percent to SEK 1,575 million (1,179). •   Operating profit rose by 72 percent to SEK 21.7

    Year-end Report, January - December 2013

    "The success of our MSP business, promising business conditions for our subsidiaries and the appointment of my successor Zoran Covic all bode well for eWork’s future." Extract from President and CEO Claes Ruthberg's comment to the year-end report.Fourth quarter 2013 compared with 2012 · Net sales increased by 9.6 percent to SEK 1,106.1 million (1,009.2). · Operating profit was SK 9.5 million (18.3). · Order intake increased by 21 percent, totalling SEK 1,902.5 million (1,571). · Profit after tax per share after dilution was SEK 0.37 (0.82). · Zoran Covic appointed new

    eWork signs major agreement with Tieto Oyj

    eWork has signed an agreement with Tieto Oyj to deliver its Consultant Sourcing Office. The scope of the collaboration is to stream-line Tieto’s procurement of sub-contractors. The agreement will involve eWork’s Swedish and Finnish operations. eWork estimates the order value to represent at least 10 percent of eWork’s net revenue in 2014.This information is disclosed as regulatory information for eWork. The parties have agreed not to disclose further information about the scope and terms of the collaboration.

    Interim Report, January - September 2013

    "eWork continued to encounter a hesitant market in the quarter. A less advantageous sales mix and expenses for continued aggressive initiatives caused fairly weak earnings. However, order intake was positive, and eWork did achieve some growth in this quarter too, thanks to our successes in business that consolidates our clients’ consultant delivery." Claes Ruthberg, President and CEOTHIRD QUARTER 2013 COMPARED WITH 2012 • Net sales increased by 1 percent to SEK 775.8 million (768.8). • Operating profit decreased to SEK 6.0 million (13.7). • Order intake amounted to SEK 845

    Interim Report, January - June 2013

    "eWork achieved a major milestone in the quarter when we secured our second really large-scale MSP (managed service provider) deal, on this occasion with TetraPak. Thus we demonstrated once again that we’re the strongest provider on the market, with a functional MSP concept for the whole Nordic region. Meanwhile, this deal is a breakthrough in the technology consultant segment." Claes Ruthberg, President and CEOSECOND QUARTER 2013 COMPARED WITH 2012 • Net sales rose by 6 percent to SEK 931.8 million (877.2). • Operating profit decreased by 22 percent to SEK 12.5 million (16.0). •

    Interim Report January - March 2013

    "eWork continued its positive progress in the first quarter of the year, on a fairly poor market. Net sales and operating profit increased, albeit at a lower rate than the previous year. The interest in long-term, large-scale undertakings remains high", comments Claes Ruthberg, President and CEO.First quarter 2013 compared with 2012• Net sales rose by 9.7 percent to SEK 954.2 million (869.9).• Operating profit increased by 6.5 percent to SEK 14.8 million (13.9).• Order intake was SEK 922.1 million (1,023.0), down by 9.9 percent.• Profit after tax per share was SEK 0.69 (0.62).•

    eWork, Interim Report, January – September 2012

    "eWork continued to grow in the third quarter despite the market being stagnant compared to the previous year. We are still noting good growth in our business, with clients consolidating their consulting purchases with eWork, while the number of new standard contracts has levelled off." Claes Ruthberg, President and CEOTHIRD QUARTER 2012 COMPARED WITH 2011 · Net sales rose by 35 percent to SEK 768.8 million (569.8) · Operating profit increased by 11 percent to SEK 13.7 million (12.3) · Order intake was SEK 731 million (559), an increase of 31 percent · Diluted earnings per

    eWork Scandinavia AB (publ) announces new Management Team

    eWork is announcing a new management team with a completely new structure, effective October 1. The objective is to sharpen the business focus of the management team to support continued growth and profitability. The principal change is that local Site Managers with direct responsibility for business operations will be included in the management team. At the same time, the number of Senior Executives with functional responsibilities will reduced, to the Chief Executive Officer, Chief Financial Officer and the Marketing, Sales and Human Resources Managers.eWork’s CEO Claes Ruthberg is

    Year-End Report, January – December 2011

    FOURTH QUARTER 2011 COMPARED WITH 2010 · Net sales rose by 32 percent to SEK 760.9 million (578.5) · Operating profit improved by 56 percent to SEK 18.3 million (11.7) · Order intake was SEK 1,406 million (915) - an increase of 54 percent · Earnings per share after tax and dilution were SEK 0.82 (0.44) · The quarter was the best ever for eWork regarding all of the above key figures · Further to the year-end, a cooperation agreement with Sony Ericsson was initiated as planned on 1 January 2012 whereby eWork will take over a consultant delivery representing 20 percent of

    Interim report January – September 2011

    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 (

    Sony Ericsson confirms scope of LOI with eWork

    eWork Scandinavia AB has today confirmed the scope of a letter of intent signed with Sony Ericsson Mobile Communications AB on September 29th. eWork will become Sony Ericsson´s Managed Service Provider (MSP) for onsite consultants in Sweden. The collaboration will mean an increase in eWork’s revenue by approximately 20 per cent, as of January 2012.The letter of intent between eWork and Sony Ericsson was first made public on September 29. It expresses that Sony Ericsson shall enter into an agreement with eWork in the coming weeks to formalize the new collaboration. The contract length will

    eWork signs Letter Of Intent with Sony Ericsson Mobile Communications AB

    eWork has signed a letter of intent with Sony Ericsson Mobile Communications AB, stating that eWork will become Sony Ericsson´s Managed Service Provider (MSP) for onsite consultants in Sweden.The LOI expresses that Sony Ericsson shall enter into an agreement with eWork in the coming weeks to formalize the new MSP relationship. The contract length will initially be two years, with an intention for extension.     This agreement will initially cover onsite consultants in Sweden and will be eWork’s single largest commitment. If both parties agree, the agreement may be extended to include

    Interim Report January – March 2011

    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

    Year-End Report, January 2010 – December 2010

    "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, CEOFOURTH 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 -

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