Sweden – NetJobs income up 34.3%, reviews sturdy natural gross sales development
17 Could 2022
Jobs web site operator NetJobs Group AB (NJOB:STO) reported first-quarter income rose 34.3% yr over yr whereas revenue on the Stockholm, Sweden-based firm surged.
|(SEK 1000’s)||Q1 2022||Q1 2021||% change||Q1 2022 (1000’s euros)|
|Web gross sales||5,750.0||4,280.0||34.3%||556.1|
“Gross sales through the first quarter elevated by 34% to SEK 5.8 million [from SEK 4.3 million in the year-ago quarter] with a optimistic working revenue of SEK 0.3 [compared with SEK 0.1 million a year ago],” CEO Niklas Eriksson mentioned. “It’s gratifying to have the ability to present sturdy natural gross sales development and an enchancment in earnings in contrast with the identical interval the yr earlier than. We proceed to indicate sequential internet gross sales development for the sixth quarter in a row.”
Share worth 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 once they reached SEK 0.713 (€0.0679), in keeping with FT.com. The corporate had a market cap of SEK 25.6 million (€2.4 million).