The market dynamic was mixed in the fourth quarter, but with recovery in some client segments. Ework continued to focus on clients, industries and geographies with higher demand. As we previously communicated, we have introduced a new, upgraded operating model that will allow us to become more efficient in ourservice deliveries, which promotes increased scalability and higher margins. It is also gratifying to see thatour measurements show that the client experience in general has strengthened, which bodes well for 2024.
Q4 2023 compared with Q4 2022
- Net sales decreased 0.6 percent to
SEK 4,657 M (4,687). -
EBIT rose 6.2 per cent to
SEK 58.2 M (54.8). - The operating margin (EBIT) was 125 bps (120).
-
Profit after financial items decreased 14.3 percent to
SEK 45.8 M (53.5). -
Order intake decreased by 6.4 percent to
SEK 8,327 M (8,895). - The number of professionals on assignment averaged12,900 (13,742).
-
Earnings after tax and per share after dilution amounted to
SEK 2.02 (2.50), a decrease of 19.3 percent.
Full-year 2023 compared to full-year 2022
- Net sales rose 7.3 percent to
SEK 17,247 M (16,070). -
Operating profit rose 6.4 per cent to
SEK 194.7 M (183.1). -
Profit after financial items decreased 5.3 percent to
SEK 166.8 M (175.6) -
Earnings after tax and per share after dilution amounted to
SEK 7.46 (8.05), a decrease of 7.3 percent. -
The Board of Directors has decided to propose a dividend of
SEK 7 (6.50) per share to the upcoming Annual General Meeting.
Outlook
With our new operating model - which we announced in late January - in place, we are increasing our flexibility, efficiency, and scalability. We are reducing costs by approximately
The complete Year End Report is available via link below or at www.eworkgroup.com.
Today, 8th February, at
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Phone: +46 (0)70 626 54 24, e-mail: klas.rewelj@eworkgroup.com
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