Report

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

2017-10-26

"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 to SEK 2,197 M (1,864), an 18% increase.
• Earnings per share after dilution were SEK 0.76 (0.88).

First nine months of 2017 compared to the corresponding period of 2016
• Net sales increased by 29% to SEK 6,789 M (5,265).
• EBIT increased by 10% to SEK 70.3 M (63.6).
• Earnings per share after dilution were SEK 3.08 (2.88).
• Demand was high right through the period, and Ework judges that it won market shares on a growing market.
• Order intake up by 24% to SEK 8,920 M (7,146).

For further information, please contact:
Zoran Covic, President and CEO, +46 (0) 706 65 65 17, zoran.covic@ework.se
Magnus Eriksson, deputy CEO and CFO, +46 (0) 733 82 84 80, magnus.eriksson@ework.se