Daily News
16 May 2019
Wise Group (WISE:SS), the Swedish staffing firm reported revenue yesterday for the first quarter ending 31 March 2019 of SEK 244.1 million (22.7 million), an increase of 7.3% compared with the same quarter last year.
| (SEK millions) | Q1 2019 | Q1 2018 | Change | Q1 2019 ( millions) |
| Revenue | 244.1 | 227.5 | 7.3% | 22.7 |
| EBITDA | 4.6 | 13.8 | 66.6% | 0.4 |
| Operating Profit | -4.8 | 10.5 | N/A | -0.4 |
| Profit for the Period | -4.3 | 8.0 | N/A | -0.4 |
The first quarter results were hit with non-recurring costs of SEK 6.0 million (0.5 million) relating to the restructuring of subsidiary Edge HR AB a…
Read the full article at: https://www2.staffingindustry.com/eng/Editorial/Daily-News/Sweden-Wise-Group-Q1-revenue-rises-but-swings-to-loss-due-to-restructuring-and-expansion-costs-49969