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eWork
2010-02-22 (Pressrelease)
Year-end report January - December 2009

- Sales decreased by 22.1 percent compared with the previous year

- The negative quarterly trend during the year was reversed during the fourth quarter

- Price pressure and continued weak demand from customers in sectors that are particularly sensitive to market conditions

- Several framework agreements were signed with large customers both on a Nordic level and on eWork's four national Nordic markets

- Earnings per share totalled SEK 0.27 (0.31)


The full-year, January - December 2009

- Sales decreased slightly compared with the previous year

- Price pressure and weak demand from customers in sectors that are particularly sensitive to market conditions, of which a small number of large customers accounted for a considerable portion of the fall in eWork's volumes.

- Good sales to new customers. Several framework agreements were signed with large customers both on a Nordic level and on eWork's four national Nordic markets

- Two cost-cutting plans were carried out which affected the profit for the year by SEK 6.2 M. The costcutting plans will reduce costs during 2010 by just over SEK 20 M in total, compared with 2009

- Earnings per share totalled SEK 0.71 (1.79)

- The board of directors has resolved to propose a dividend of SEK 0.75 (1.10) to the annual general meeting.


Trading in the eWork share on NASDAQ OMX Stockholm began on 18 February 2010.



Read the full report here

 

 

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