Sweden – Veteran pool’s revenue Q2 rises by 29%
August 24, 2022
Veteranpoolen AB, a Swedish company that offers household services and staffing services, and offers employment to pensioners, today reported a turnover of SEK 147.2 million (EUR 13.9 million) for the second quarter ended June 30, 2022, an increase of 29 .4% compared to the same period. period a year ago.
The operating margin improved to 13.7% compared to 12.0% last year.
The group said the invasion of Ukraine had no significant impact on its operations.
The veteran pool added that its focus on recruiting staff and developing relationships with more customers continued well during the quarter.
(SEK million) | Q2 2022 | Q2 2021 | Change | Q2 2022 (millions of euros) |
Income | 147.2 | 113.7 | 29.4% | 13.9 |
Operating results | 20.1 | 13.6 | 47.5% | 1.8 |
Operating margin | 13.7% | 12.0% | – | |
Profit after tax | 15.9 | 10.8 | 47.2% | 1.5 |
The group also posted revenue for the six-month period of SEK 236.6 million (€22.3 million), an increase of 38.6% compared to the previous year.
Mats Claesson, CEO of the group, says: “We are now aiming for the next level by strengthening our local and central functions. Our goal is to help significantly more customers with more extensive efforts while engaging and involving more veterans who want to work extra after their retirement. Our veterans feel involved in society’s development and, in addition to their pension, earn extra money that adds a golden edge to everyday life. This is our mission and our contribution to a better society.”
Shares in Veteranpool last traded at SEK 40.45 (€3.82), up 3.19% on the day and 18.61% off the 52-week high of SEK 49.70 (€4.69), set on 30 March 2022. The company has a market capitalization of SEK 794.73 million (EUR 75.02 million).