Ework Group AB Reports Preliminary Results for Q1 2025

Ework Group AB, a consultant provider specializing in connecting small- and medium-sized consulting firms with expertise in IT, telecommunications, and management to global clients, has released its preliminary financial results for the first quarter of 2025. The company, listed on the Swedish Stock Exchange, reported a preliminary operating result of 34 million SEK (44.7 million SEK in the previous year) for the period.

The net turnover for the quarter is expected to reach approximately 3.5 billion SEK (4.2 billion SEK in the previous year). However, significant currency fluctuations are anticipated to impact the financial results, with expected effects on financial items amounting to 21 million SEK (45.7 million SEK in the previous year).

Despite improvements in the company’s gross margin and positive trends in several of its markets, these gains have not been sufficient to offset the weak performance in Sweden and Norway. In these regions, Ework has experienced reduced volumes and a cautious market environment. Additionally, the company has continued the previously announced phase-out of unprofitable customer contracts in Sweden.

Ework Group’s CFO, Johanna Eriksson, has indicated that the full quarterly report will be published on May 14, 2025, providing further updates on the company’s financial performance. For more information, interested parties are encouraged to contact the investor relations team at investorrelations@eworkgroup.com .

As of May 5, 2025, Ework Group’s share price closed at 148.7 SEK, with a 52-week high of 155 SEK on January 6, 2025, and a low of 117.02 SEK on April 6, 2025. The company’s market capitalization stands at 2.52 billion SEK, with a price-to-earnings ratio of 18.17.