Ework Group AB (publ) (EWRK) Earnings Call Transcripts

Ework Group AB (publ)'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Ework Group AB reported a revenue of approximately SEK 3 billion, a decline of 13.9% year-over-year, reflecting ongoing challenging market conditions. The company maintained its full-year EPS guidance of a decrease between 10% to 20% compared to 2025, signaling continued cautious demand and uncertainty primarily due to geopolitical tensions and rising energy prices. Despite the revenue drop, management expressed confidence in their operational execution and strategic initiatives aimed at long-term growth, particularly in expanding their market presence in Belgium, Germany, and the Netherlands.

Reported metrics

Guidance from management

Management maintained its EPS guidance for 2026, expecting a decrease of 10% to 20% compared to 2025, indicating a cautious outlook for the year ahead.

What management said

I can start and you can fill in the gaps. I think as I said during the presentation, we are bullish about Norway where we see a positive development that's already been started. Personally, I think the Polish market is looking promising as well, given that sort of entire delta between this year's Q1 and last year's Q1 is essentially due to the loss of 1 specific client contracts. So demand in solid apart from that. ...

Yes and no. There is a constant development in sort of how our types of services are delivered. I think we are, in many regards, leading that development. But of course, we can't be best at everything we do in sort of at all times. So sometimes we're surprised with what's coming from 1 of our competitors. But it's nothing out of the ordinary or nothing that we sort of haven't foreseen the types of sort of increased c...

What analysts pressed on

Analysts expressed concerns regarding the ongoing decline in revenue and the impact of geopolitical tensions on client investment decisions. There were questions about the company's ability to maintain margins while pursuing expansion in new markets amidst a soft market environment.

Main topics on the call

• Revenue Decline — Ework reported a revenue of SEK 3 billion, down 13.9% from SEK 3.5 billion last year, attributed to lower business volumes across all geographies except Norway. Management stated, 'The lower revenue is related to all geo...
• EPS Guidance Maintained — The company reaffirmed its EPS guidance for 2026, expecting a decrease of 10% to 20% compared to 2025. Management noted, 'Our guidance on EPS target for financial year 2026 remains unchanged.'
• Organizational Transformation — Ework successfully implemented an organizational transformation aimed at enhancing operational efficiency and accountability. CEO Daniel Almgren stated, 'This transformation is critical as an enabler of long-term scalabl...
• Market Conditions — Management highlighted mixed market signals, with Norway showing positive momentum while Sweden and Denmark faced challenges. Almgren mentioned, 'The market environment remains challenging. Demand continues to be cautiou...

Read the full Ework Group AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 7 Ework Group AB (publ) earnings call transcripts on record, spanning July 19, 2024 to July 21, 2026. Based on this history, Ework Group AB (publ) reports semi-annually. The most recent call on file is dated July 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EWRK

Exchange

OM

Country

SE

Sector

Industrials

Industry

Professional Services

Calls on record

7

First call

July 19, 2024

Most recent

July 21, 2026

Reporting cadence

semi-annually