Ework Group AB (EWRK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon everyone and a warm welcome to the presentation of E-Work Group's Q1 results. My name is Andrea Romander and I'm the PR and Communications Manager at E-Work and I will be moderating today's session. It's my first time standing here in this setting and I'm really excited to be a part of today's presentation. Luckily, I'm not doing this alone. I feel both confident and comfortable knowing that I have two experienced colleagues with me. Karin Skrail, CEO, and Johanna Eriksson, CFO at eWork Group. Really happy that you're here. In just a moment, I will hand over to you two to guide us through the highlights and the insights from this first quarter. And after the presentation, we will open up the floor for the viewers' questions. So let's dive in, and I'm handing over the clicker to you, Karin, to start off. Thank you so much, Andrea. So, happy to be here and present the results for eWork Group in the first quarter. To begin with, as you may have seen, we issued a press release about the preliminary Q1 results already last week. The decision to publish it was primarily related to the high market expectations on our volume and revenue development. And due to an extremely uncertain and volatile market, still in a post-recession recovery phase in our biggest market, Sweden, and also in Norway, the actual volumes have not met those levels, which is impacting our results. eWork Group today is a leading European talent and workforce solutions partner. We connect our clients' skills and the needs they have for certain skills with temporary talent in the labour market, primarily in the areas of IT and engineering. All this is built on a strong foundation as an independent talent provider, and this year we proudly celebrate our 25th anniversary. Today, we serve arou...