Zalaris ASA (OSL:ZAL)
kr 75 (0%) Market Cap: 1.63 Bil Enterprise Value: 1.92 Bil PE Ratio: 30.12 PB Ratio: 5.87 GF Score: 89/100

Q4 2024 Zalaris ASA Earnings Call Transcript

Feb 28, 2025 / 07:30 AM GMT
Release Date Price: kr84.4 (+4.71%)

Key Points

Positve
  • Zalaris ASA (FRA:81Y) achieved its 6th consecutive quarter of all-time high revenues, reaching 365 million, marking a 16.5% increase from the same quarter last year.
  • The company delivered an EBIT margin of 13.1% for Q4 2024, a significant improvement from 10.7% the previous year.
  • Operating cash flow for the quarter increased to 57 million, up from 44 million last year.
  • Managed services revenue grew by 20% year on year, now accounting for 75% of total revenue.
  • The company has a strong revenue visibility through 2025 and 2026, with a projected revenue increase of more than 12% compared to full year 2024.
Negative
  • Professional services revenue experienced a slight decline of 3% year on year, primarily due to reduced consulting projects in the UK.
  • Net profit for the period was 13.4 million, down from 20.9 million last year, partly due to a previous year's positive income tax impact.
  • The company faces challenges in replacing external consultants with internal ones, which is crucial for growth in professional services.
  • Higher personnel expenses were noted due to an increase of 44 FTEs, contributing to higher costs.
  • The company is in the midst of a strategic review process, which may introduce uncertainty regarding future strategic directions.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ZAL.OL - Zalaris ASA
Q4 2024 Zalaris ASA Earnings Call
Feb 28, 2025 / 07:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning. I'm Hans Peter Mehrud, the CEO and founder of Savaris, and joining me today for this webcast presentation of Savaris Q4 2024 results. Is our CFO Garmanan. We are using Teams for this purpose and hope that you will find it informative and engaging. You can use the Q&A function to ask questions, which we will answer at the end of the presentation. Please note that the presentation is being recorded. You can access the recording in the investor section of our website.

First, we will look at some of the highlights of the quarter.

As we close our 25th year in business and head towards our 25th anniversary in April, I am pleased to present our fourth quarter results, which mark another significant milestone in Salaris's
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