17 May 2022
Jobs web site operator NetJobs Group AB (NJOB:STO) reported first-quarter revenue rose 34.3% 12 months over 12 months whereas revenue on the Stockholm, Sweden-based firm surged.
| (SEK hundreds) | Q1 2022 | Q1 2021 | % change | Q1 2022 (hundreds euros) |
| Net sales | 5,750.0 | 4,280.0 | 34.3% | 556.1 |
| Operating revenue | 341.0 | 98.0 | 248.0% | 33.0 |
| Profit | 299.0 | 13.0 | 2200.0% | 28.9 |
“Sales during the first quarter increased by 34% to SEK 5.8 million [from SEK 4.3 million in the year-ago quarter] with a positive operating profit of SEK 0.3 [compared with SEK 0.1 million a year ago],” CEO Niklas Eriksson stated. “It is gratifying to be able to show strong organic sales growth and an improvement in earnings compared with the same period the year before. We continue to show sequential net sales growth for the sixth quarter in a row.”
Share value and market cap
Shares in NetJobs closed down 5.54% on Tuesday to SEK 0.762 (€0.0726), and shares set a brand new 52-week low on Tuesday after they reached SEK 0.713 (€0.0679), in response to FT.com. The firm had a market cap of SEK 25.6 million (€2.4 million).
Sweden – NetJobs revenue up 34.3%, reports strong organic sales growth & More Latest News Update
Sweden – NetJobs revenue up 34.3%, reports strong organic sales growth & More Live News
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Sweden – NetJobs revenue up 34.3%, reports strong organic sales growth & More News Today
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