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Sweden – NGS Group fourth quarter revenue up 14.1%

14 February 2018

NGS Group (NGS: SS), the Swedish healthcare and education staffing firm, reported revenue for the fourth quarter ended 31 December 2017 of SEK 190.3 million (€19.1 million), an increase of 14.1% compared with the same period last year.

(SEK millions) Q4 2017 Q4 2016 Change Q4 2017 € millions)
Revenue 190.3 166.8 14.1% 19.1
Operating Profit 21.9 12.7 72.4% 2.2

The group also announced that revenue for the full year amounted to SEK 683 million (€68.7 million), an increase of 10.2% compared to last year.

In trading today NGS Group traded at SEK 43.50 (€4.38), up 6.36% on the day and 8.48% above its 52-week low of SEK 40.10 (€4.04), set on 6 February 2018. Based on its current share price the company has a market value of SEK 369.04 million (€37.1 million).