Veteranpoolen AB: A Strong Start to 2025

Veteranpoolen AB, a Swedish company listed on the Frankfurt Stock Exchange, has kicked off 2025 with impressive financial results. The company, known for its staffing and service offerings, reported a significant increase in both revenue and profit for the first quarter of the year.

In a recent announcement, Veteranpoolen revealed that its net revenue rose to 112 million SEK, up from 101 million SEK in the same period last year. This 10.6% increase in turnover is a testament to the company’s robust growth strategy. Mats Claesson, the CEO, highlighted that both private and corporate services experienced growth, with private market services outperforming corporate business. Notably, the care services sector, which supports the elderly in their daily lives, emerged as the strongest performer.

The company’s financial health is further underscored by its earnings before interest and taxes (EBITA), which reached 4 million SEK, up from 2.2 million SEK. This reflects an EBITA margin of 3.6%, a notable improvement from the previous year’s 2.2%. The operating result, or rörelseresultat, also saw a rise to 3.7 million SEK, with a margin of 3.3%, compared to 1.5 million SEK and a 1.5% margin previously.

Despite these positive figures, Veteranpoolen faced challenges, particularly in its efforts to expand its staffing business. The company’s network encountered headwinds, which were partly attributed to strategic investments in international markets, especially Denmark. These investments, while necessary for long-term growth, had a temporary negative impact on the cash flow from operations, which stood at -5.2 million SEK.

The after-tax profit for the quarter was 2.9 million SEK, marking a substantial increase of 123.1% from the previous year. This growth in profit was achieved while maintaining a stable gross margin and keeping fixed costs relatively constant. The result per share was reported at 0.15 SEK, up from 0.06 SEK, reflecting the company’s strong performance.

Veteranpoolen’s market capitalization stands at 63,966,490 EUR, with a price-to-earnings ratio of 18.1818. The company’s stock price closed at 3.68 EUR on May 14, 2025, matching its 52-week high, while the 52-week low was recorded at 2.71 EUR on August 4, 2024.

As Veteranpoolen continues to navigate the complexities of the staffing industry, its focus on care services and strategic international investments positions it well for future growth. The company’s ability to increase revenue and profit while managing costs effectively is a promising sign for investors and stakeholders alike.