Zalaris Continues Strong Growth

In its first quarterly report after the stock exchange listing, Zalaris delivers a revenue growth of 21 per cent compared to the same quarter in 2013.

Zalaris, a leading provider of payroll and HR services, continued to show strong growth in both the second quarter and the first half of 2014. In the second quarter revenues totaled NOK 71 million, a growth of 21 per cent compared to Q2 2013. The improvement was a result of the company signing contracts with several new customers, as well as high loyalty within the existing customer base.

Third quarter will be the starting point for a five year contract with Statoil. Zalaris will provide a number of services to more than 23.000 Statoil employees.

The Zalaris listing at the Oslo Stock Exchange on June 20 was one of the many highlights in the past quarter.

“As a listed company we have climbed up to another level. We believe many opportunities will present itself as a result of this, also when it comes to attracting new customers. We have told our story to the investor market: Zalaris is a company with loyal customers and high growth prospects. We are ready to deliver on this”, says Hans-Petter Mellerud, CEO and founder of Zalaris.

Zalaris is certified as a SAP Business Process Outsourcing (BPO) Partner and is a leading SAP Human Capital Management (HCM) and SuccessFactors consulting partner. Founded in 2000, Zalaris today operates in Denmark, Estonia, Finland, India, Latvia, Lithuania, Norway, Poland and Sweden, including local-language service centers with extensive expertise in HR-related laws and regulations.