Report

Interim Report, Januari – September 2016: Positive progress on a strong consulting market

2016-10-21

”We’re in a really positive business cycle for the consulting sector. Ework expanded on a broad front, and our more recent initiatives in technology consulting, public sector assignments and our Polish operation performed positively.”

Extract from CEO Zoran Covic’s commentary to the Interim Report.

Third quarter 2016 compared to the corresponding period 2015

· Net sales increased by 25% to SEK 1,646 M (1,316).
· Operating profit up by 10% to SEK 19.2 M (17.5).
· Order intake amounted to SEK 1,864 M (1,453), a 28% increase.
· Earnings per share after dilution were SEK 0.88 (0.85).

First nine months 2016 compared to the corresponding period 2015

· Net sales increased by 21% to SEK 5,265 M (4,348).
· Operating profit up by 13% to SEK 63.6 M (56.4).
· Earnings per share after dilution were SEK 2.88 (2.61).
· Demand was firm right through the period, with Ework estimating that it won market shares on a growing market.
· Order intake for the first nine months of year was SEK 7,146 M (5,320).

The complete interim report is available by link below or on www.ework.se

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) 8 50 60 55 00, 46 (0) 733 82 84 80, magnus.eriksson@ework.se