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Poolia Interim Report 1 January – 30 June 2016

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Good improvement in results

Quarterly period April-June, continuing operations
Reported revenue, earnings, cash flow and financial ratios relate to continuing operations, and do not include Poolia UK.  

  • Revenue amounted to SEK 201.9 (187.0) million, an increase of 8%.  
  • Operating profit amounted to SEK 7.9 (1.4) million, with an operating margin of 3.9% (0.8%).  
  • Profit before tax was SEK 6.5 (1.3) million. 
  • Profit after tax was SEK 4.4 (0.9) million.  
  • Earnings per share amounted to SEK 0.26 (0.06).  
  • Cash flow from operations for the quarter was SEK 1.5 (0.6) million. 

Discontinued operations

  • Profit/loss from discontinued operations was SEK 0.0 (0.0) million in the second quarter and SEK -1.4 (0.0) million in the period January-June. 
  • Cash flow from discontinued operations for the period January-June was SEK -0.2 (0.0) million.

Interim period January-June, continuing operations
Reported revenue, earnings, cash flow and financial ratios relate to continuing operations, and do not include Poolia UK.  

  • Revenue amounted to SEK 402.2 (369.2) million, an increase of 9%.  
  • Operating profit amounted to SEK 8.3 (4.9) million, with an operating margin of 2.1% (1.3%).  
  • Profit before tax was SEK 6.9 (4.8) million. 
  • Profit after tax was SEK 4.4 (3.3) million.  
  • Earnings per share amounted to SEK 0.26 (0.20).  
  • Cash flow from operations for the period was SEK -9.9 (0.3) million. 
  • The equity/assets ratio ended the period at 29.5% (30.4%), and the Group’s equity per share was SEK 4.16 (4.11). 

Contact person:
Morten Werner, MD and CEO, tel: 46 70 636 25 25, 46 8 555 650 60

This is information that Poolia AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the contact person above at 11.35 CET on 21 July 2016.

Poolia’s business concept is to provide companies and organisations with the skills that, either temporarily or permanently, meet their needs for qualified professionals. Poolia specialise in temporary staffing and permanent placement of professional staff in our focus areas of Finance & Accounting, Financial Services, Office Support, IT, Life Science & Engineering, Sales and Marketing, Human Resources, Legal, and Executive Search. Poolia has business in Sweden, Finland and Germany. Poolia is listed on the NASDAQ OMX Stockholm AB since 1999.

Tags:

Interim report Poolia Staffing Permanent placement Temporary staffing Qualified professionals

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