Interim report
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3 EWORK GROUP Interim Report Q3 January - September 2021 Best Q3 results so far " Ework is reporting its best quarter ever , on a really strong consultant market . The revenue and profitability trend remains positive , and with over 11,250 Ework consultants on assignment , we set a new record once again . EBIT was up by 25 % to SEK 23.5 M , our best Q3 earnings to date . The share of transactions executed on our digital consulting platform Verama continued to grow , as did its user base of clients and consultants . " From Zoran Covic's CEO's statement Third quarter 2021 compared to 2020 • • • • • • Net sales increased by 14 % to SEK 2,815 M ( 2,467 ) . The in- crease is due to a significant increase in customer demand and successful sales to existing and new customers . EBIT increased by 25 % to SEK 23.5 M ( 18.8 ) following an increase in sales , lower expenses and a larger share of high - margin business . Profit after financial items increased by 32 % to SEK 23.3 M ( 17.7 ) . Order intake increased by 28 % to SEK 3,054 M ( 2,389 ) . The number of consultants on assignment was the highest ever , 11,254 . Earnings per share after tax before and after dilution were SEK 1.06 ( 0.87 ) , an increase by 22 % . First half - year 2021 compared to 2020 ⚫ Net sales increased by 4 % to SEK 9,327M ( 9,000 ) . ⚫ EBIT increased by 9 % to SEK 84.5 M ( 77.2 ) . ⚫ Profit after financial items increased by 17 % to SEK 83.0 M ( 70.7 ) . • Earnings per share after tax before and after dilution were SEK 3.76 ( 3.36 ) , an increase by 12 % . • Previously announced cost savings will to some extent be reduced during 2021 by more recent decisions to focus on growth and future profitability . In other respects , the previously communicated outlook remains unchanged . Net sales and operating profit SEK M 4,000 3,000 2,000 1,000 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 2017 2018 2019 Net sales ( left ) Operating profit ― ( right ) 2020 2021 Quarterly order intake SEK M 40 7,000 6,000 30 5,000 4,000 20 3,000 10 2,000 1,000 о 17 18 19 20 21 17 18 19 20 21 17 18 19 20 21 Q1 Q2 Q3 17 18 19 20 Q4 INTERIM REPORT Q3-2021 | EWORK | 1