Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Informationsteknik |
Industri | Programvara |
2023-10-26 07:23:32
Zalaris ASA (Zalaris, OSE:ZAL) reported an all-time high EBIT in the third
quarter of 2023 of NOK 17.6 million, up 300% year-on-year, reflecting strong
underlying fundamentals.
Reported revenues for the quarter were NOK 277.5 million, up 24% from NOK 223.6
million in the same quarter last year.
Adjusted EBIT*, excluding investment in greenfield Asia-Pacific (APAC)
operations, increased with 125% to an all-time high of NOK 25.6 million,
corresponding to a 9.4% margin for the quarter.
The reported EBIT ended at NOK 17.6 million compared to NOK 4.4 million last
year.
Profit for the quarter was NOK 13.4 million, compared to a loss of NOK 11.1
million last year.
"Our EBIT-improvement program continued to have a positive impact during the
quarter. Our focus is now on transforming our German operations to our standard
operating model and expect continued positive results from this, as well as from
increased revenues from both new and renegotiated agreements over the next two
quarters," says Hans-Petter Mellerud, CEO and founder of Zalaris.
"The company grew more than 24% in the quarter, and 13% in constant currency.
Our sales team continued delivering on their targets closing around NOK 20
million of annual contract value of new agreements. With these new signings,
Zalaris has secured approximately 124% of its 2023 sales budget needed to
sustain the communicated target growth rate of 10% in the coming year. This is
considerably ahead of closed sales in the same period last year," Mellerud
concludes.
Zalaris will host a streamed management presentation at 08:30 CET today followed
by a Q&A session. The webcast will be available on ir.zalaris.com or directly on
Teams https://teams.microsoft.com/l/meetup
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The presentation of the third quarter 2023 financial result and the financial
report are enclosed.
· Zalaris ASA Q3 2023 Presentation (https://ir.zalaris.com/wp
-content/uploads/sites/3/2023/10/Zalaris-ASA-Q3-2023-Presentation.pdf)
· Zalaris ASA Q3 2023 Report (https://ir.zalaris.com/wp
-content/uploads/sites/3/2023/10/Zalaris-ASA-Q3-2023-Report.pdf)
* Adjusted EBIT and other alternative performance measures (APMs) are defined
and reconciled to the IFRS financial statements as a part of the APM section of
the third quarter 2023 financial report on page 23 to 25.
Contact:
Hans-Petter Mellerud, CEO
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com
Gunnar Manum, CFO
Mobile: +47 951 79 190
E-mail: gunnar.manum@zalaris.com
About
Zalaris Zalaris (OSLO: ZAL) simplifies HR and payroll administration and empower
customers with useful information so that they can invest more in people. We are
a leading service provider of Human Experience Management (HXM) solutions across
Europe, serving more than 1.5 million employees with an annual revenue of NOK
893 million (2022). We hold #1 or #2 positions in most of our markets. Our
consultants have more than 23 years of experience in transforming HR with our
clients. Simplify work life. Achieve more. For more information, go
to www.zalaris.com
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements according
to section 5-12 of the Norwegian Securities Trading Act.