Q1 2026 Ework Group AB Earnings Call Transcript
Key Points
- Ework Group AB (LTS:0MCB) successfully implemented an organizational transformation, leading to clearer accountability and higher internal engagement.
- The company strengthened its commercial capabilities by recruiting a new head of Sales in Sweden and focusing on proactive sales and new customer acquisition.
- Ework Group AB launched the Ework Client Hub, a user-friendly alternative to traditional vendor management systems, which was well received by customers.
- The company secured several important new agreements and extended existing partnerships, including a new framework agreement with ASSA ABLOY.
- Norway showed positive momentum with growth in both revenue and profit, driven by the telecom sector.
- The market environment remains challenging with cautious demand and increased uncertainty due to geopolitical tensions and rising energy prices.
- Business volumes were down year-on-year, with a 13.9% decline in revenue compared to the previous year.
- The company reported a decrease in EBIT, impacted by non-recurring reorganization costs.
- Poland and Denmark experienced negative impacts due to the ending of larger client contracts and lower demand, respectively.
- The automotive sector remained uncertain, with continued declines reflecting client cost control and restructuring measures.
Hello everyone and warm welcome to the presentation of Ework Group results for the first quarter 2026. My name is Johan Lindbladh. I'm the Chief Marketing and Communications Officer at Ework Group and I will be moderating today's webcast.
And with me here today to present our Q1 results, I have Daniel Almgren, CEO at Ework Group, together with our CFO, Johanna Estra.
In just a moment, we will begin to go through the highlights and insights of the first quarter. And after the presentation, we will open up for questions, starting with the calls, followed by the written ones.
And with that, I think I will hand it over to you, Daniel and Johanna.
Thank you all for joining today.
It's good to be here. It's going to be a pleasure to take you through the Q1 results of Ework Group.
Looking at the highlights of the first quarter 2026, the market environment remains challenging.
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