Ework Group AB
(OSTO:EWRK)
kr
59.4
-0.50 (-0.83%)
Market Cap: 1.03 Bil
Enterprise Value: 1.26 Bil
PE Ratio: 20.27
PB Ratio: 4.93
GF Score: 61/100 
Q2 2026 Ework Group AB Earnings Call Transcript
Jul 21, 2026 / 07:00AM GMT
Release Date Price:
kr59.3
(+0.51%)
Key Points
Positve
- Ework Group AB (LTS:0MCB) reported an increase in order intake for Q2 2026, marking the first year-over-year increase since Q3 2024.
- The company has launched several AI-related services, including Skillshift Lens, to meet the growing demand for AI competencies.
- Norway showed positive financial development, recovering from previous challenges and contributing to the company's overall performance.
- The company has maintained its gross margin despite a decline in revenue, indicating effective cost management.
- Ework Group AB is focusing on international expansion with a capital-light approach, reducing dependency on the Swedish market.
Negative
- Revenue for Q2 2026 declined by 13% compared to the same quarter last year, reflecting a challenging market environment.
- EBIT decreased to SEK28 million from SEK44.8 million in the corresponding period last year, primarily due to lower revenue.
- The private sector, particularly in consulting, life science, banking, finance, and technology, showed weaker performance.
- Denmark and Poland experienced negative developments, driven by large clients scaling back on consulting demand.
- The company continues to face pricing pressure in certain procurement and tender processes due to increased competition.
Mikael Magnusson
- Analyst
Good morning, and welcome to today's broadcast where we focus our eyes on Ework Group who has published a report for the second quarter of 2026 this morning. And standing beside me here in the studio is CEO, Daniel Almgren as well as CFO, Johanna Estra. Welcome.
Johanna Eriksson
Ework Group AB - Chief Financial Officer
Thank you.
Daniel Almgren
Ework Group AB - President, Chief Executive Officer
Thank you.
Mikael Magnusson
- Analyst
We'll give a short presentation in a moment. But before we do, could you summarize the quarter quickly?
Daniel Almgren
Ework Group AB - President, Chief Executive Officer
Yes, very quickly. In accordance to plan, I would say. This is what we expected to come out of Q2.
Mikael Magnusson;Johanna Eriksson
- Analyst;Ework Group AB - Chief
And Johanna, any initial thoughts from your side?
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