Zalaris ASA Strengthens Financial Position While Delivering Record‑Setting Performance

Zalaris ASA has announced a new revolving credit facility that will markedly cut its financing costs, signalling the company’s confidence in its ongoing growth trajectory. The facility, disclosed on 24 October 2025, is structured to provide flexible access to capital at lower interest rates, thereby improving the company’s cost of capital and supporting future expansion plans across its Nordic and international operations.

Record‑High Revenue and EBIT in Q3 2025

In the latest earnings release, Zalaris reported an unprecedented level of revenue for the third quarter. Analysts now expect a quarterly turnover of approximately 369.2 million NOK, reflecting an 8.68 % increase versus the same period in the prior year. This figure represents a solid lift from the 339.7 million NOK recorded in Q3 2024. Coupled with this revenue surge, the company achieved its highest ever earnings before interest and tax (EBIT) margin, as detailed in the company’s presentation on 24 October 2025. EBIT grew 10.3 % year‑on‑year, underscoring the effectiveness of Zalaris’s cost‑control initiatives and the scalability of its cloud‑based solutions.

Earnings Per Share Outlook

The consensus among analysts projects earnings per share (EPS) of 1.20 NOK for the quarter, a significant improvement from the 0.38 NOK EPS recorded in the corresponding period last year. This upward revision reflects both the revenue upside and the margin expansion, positioning Zalaris on a trajectory toward sustained profitability.

Market Reception and Analyst Coverage

The announcement has been met with positive market sentiment. SB1 Markets has raised its target price for Zalaris to 110 NOK (previously 100 NOK) and reiterated a buy recommendation, citing the company’s robust growth prospects and improved financial flexibility. This adjustment is consistent with the broader narrative of a firm that is not only expanding its service footprint but also sharpening its operational efficiency.

Industry Recognition

Beyond financial metrics, Zalaris has been shortlisted for three prestigious Rewards & Incentives Awards as of 22 October 2025. The nominations highlight the company’s commitment to excellence in employee engagement and incentive design—core components of its value proposition to clients across retail, banking, transportation, and technology sectors.

Strategic Outlook

The new credit facility, combined with record revenue and margin growth, positions Zalaris to accelerate investment in its cloud platform, talent management suite, and digital personnel archive services. The company’s focus on delivering end‑to‑end HR outsourcing, cloud services, and consulting remains well‑aligned with the evolving demands of Nordic and international enterprises seeking flexible, scalable workforce solutions.

As Zalaris continues to expand its market reach and deepen its service offerings, stakeholders can anticipate further improvements in profitability and shareholder value. The firm’s proactive financial strategy and industry recognition suggest a solid foundation for sustained growth in the competitive professional services landscape.