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View All NewsDenmark – Jobindex reports revenue up 2% for the second quarter
Danish job board Jobindex A/S (JOBNDX: CPH) reported net sales for the second quarter of DKK 77.7 million (€10.4 million), an increase of 2.1% compared with DKK 76.1 million during the same quarter last year.
(DKK millions) | Q2 2017 | Q2 2016 | Change | Q2 2017 (EUR millions) |
Revenue | 77.7 | 76.1 | 2.1% | 10.4 |
EBITDA (excluding special items) | 27.8 | 28.6 | -2.9% | 3.7 |
“Companies have found it a little harder to recruit employees and advertising products grew a little faster than expected,” Director Kaare Danielsen said. "There are more and more targeted ads, and companies are very aware that they are going to hit right in the first place. We can see that companies are in a hurry to show who they are and what they stand for to get the right employees."
“Google has launched Google for Jobs and Google Hire in June and July, respectively,” the group stated. “Google for Jobs and Google Hire are so far available only in the United States, but are likely to come to Denmark in 2018, which means that we will compete with Google, Facebook and Microsoft, who have purchased LinkedIn.”
At closing Jobindex was down 0.9554% DKK 1,555.00 (€209.0). Based on its current share price the company has a market value of DKK 1.40 billion (€188.1 million).
This article has been corrected from a previous version.