contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


ework-group-costs-in-check-as-volume-focus-builds-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Ework Group operates in the recruitment and consulting industry and focuses on providing IT and management consultants to companies and organizations. The company's services are aimed at companies that need support in recruitment and project management, in both the private and public sectors. Ework Group was founded in 2000 and is headquartered in Stockholm, Sweden.

Ework Group

* Market remains soft, but Ework is taking decisive actions on costs * We raise '26e-'28e adj. EBIT by 4-2% on 1% higher sales * 11x/9x '26e/'27e EV/EBIT adj. – in line with peers No signs of...

* Market remains soft, but Ework is taking decisive actions on costs * We raise '26e-'28e adj. EBIT by 4-2% on 1% higher sales * 11x/9x '26e/'27e EV/EBIT adj. – in line with peers No signs of recovery yet, but Ework is taking actions on costs The Nordic consultancy market has yet to recover from its protracted slump, resulting in Ework reported sales -14% y-o-y (vs. -12% y-o-y in Q4'25). Peers have also reported negative org. growth, with Knowit, B3, and Prevas averaging -7% y-o-y. That said, amid better-than-expected cost control, adj. EBIT of SEK 23m (-33% y-o-y) was above our SEK 17m forecast. Here, Ework reported NRIs of SEK 9m relating to the previously communicated reorganisation. While Sweden showed a similar trend to recent quarters, Norway is improving (+19% y-o-y), supported by telecom, the public sector and energy. Denmark had a notably weak quarter (sales -29% y-o-y), albeit this was not too surprising given recent industry news of layoffs at companies such as Novo Nordisk. Improved cost base The reorganisation is now fully implemented. As part of the new CEO's strategic shift, Ework is becoming more customer-centric, which includes reducing the management team by around 50%. In light of the recent drop in sales volumes, we believe this move is sensible and will better equip Ework to handle the current dynamic environment. Also, and unlike under the previous management, the company is now prioritising volume growth over improving gross margins. Nonetheless, we lift our '26e-'28e adj. EBIT figures by 4-2% on slightly higher sales assumptions. 11x/9x '26e/'27e EV/EBIT adj. The overall market remains subdued and visibility into the timing and trajectory of the recovery remains blurred. With that said, we argue that Ework's market-leading position and strong balance sheet mean it is comparatively better at handling the lower volumes. The stock is currently at 11x/9x '26e/'27e EV/EBIT adj., in line with peers.