Sweden's Ework Q2 sales fall on weak demand

eWork AB

21/07/2026 07:10

    

    Overview
  
Sweden consulting and workforce provider's Q2 net sales fell 13% yr/yr amid weak demand
Order intake rose 5.4% in Q2, but broad demand recovery not yet evident

    

    Outlook
  
Company says market remains cautious, with only a slight increase in order intake
Ework continues to invest in commercial capability and AI positioning for long-term competitiveness

    

    Result Drivers
  
CUSTOMER CAUTION - Co said the market remains characterized by caution among many customers, impacting demand and sales
ORDER INTAKE - Order intake increased 5.4% in Q2, though co said this does not yet signal a broad recovery

    
Company press release: ID:nWkr5xpSBP

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
 
SEK 3.13 bln
 
Q2 Operating Profit
 
SEK 28 mln
 
Q2 Orders
 
SEK 4.37 bln
 

    

    Analyst Coverage
  
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 17 three months ago

    

    Reuters Recommended Reads
  
July 20 - Sweden's Devyser Diagnostics Q2 sales fall on distributor inventory adjustment
July 21 - Sweden's Alfa Laval Q2 sales rise 6%, beat estimates
July 20 - Sweden's Hexpol Q2 sales, operating profit beat estimates 

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)