Press Releases

Ework Group, Interim Report, January - June 2019: New digital platformdeals, over 10,000 consultants on assignment

2019-07-18

“For the first time, we achieved over 10,000 consultants on assignment, rolling annualised sales of SEK 12 billion, and can conclude that the scale of our operations has doubled since 2016, when we set our 2020 targets."

Extract from CEO Zoran Covics commentary to the Interim Report.

Second Quarter 2019 Compared to 2018

• Net sales increased by 13% to SEK 3,249 M (2,871).

• EBIT was up by 14% to SEK 30.7 M (26.8).

• Order intake rose by 8% to SEK 4,675 M (4,329).

• Earnings per share after tax and after dilution were SEK 1.23 (1.15), a 7% increase.

• Overall, the consulting market was somewhat weaker than last year.

First half-year 2019 compared to 2018

• Net sales increased by 16% to SEK 6,377 M (5,494).

• EBIT was up by 16% to SEK 57.1 M (49.3).

• Earnings per share after tax and after dilution were SEK 2.34 (2.12), a 10% increase.

The complete Interim Report is available via link below or at www.eworkgroup.com

For further information, please contact:

Zoran Covic, President and CEO, 46 (0) 706 65 65 17
Magnus Eriksson, deputy CEO and CFO, 46 (0) 8 50 60 55 00, 46 (0) 733 82 84 80

The information disclosed in this Interim Report is mandatory for Ework Group AB (publ) to publish pursuant to the EU Market Abuse Regulation. This information will be submitted for publication at 1:00 p.m. (CET) on 18 July 2019. This Interim Report has not been reviewed by the company’s auditor.