Daily News
View All NewsSweden – Veteranpoolen revenue and profits surge in Q3
Veteranpoolen AB, a Swedish firm that offers household services and staffing services and claims to be Sweden's largest employer for retirees, reported net sales yesterday of SEK 88.3 million (€8.5 million) for the third quarter ended 30 September 2018, an increase of 29.4% when compared to the previous year.
(SEK millions) | Q3 2018 | Q3 2017 | Change | Q3 2018 (€ millions) |
Revenue | 88.3 | 68.2 | 29.4% | 8.5 |
Operating Profit | 10.6 | 8.1 | 30.0% | 1.0 |
Profit After Tax | 8.2 | 6.3 | 29.7% | 0.7 |
“Veteranpoolen results continued to be positive during the third quarter of 2018,” Mats Claesson CEO of Veteranpoolen AB, said. “In addition to customer benefits and job satisfaction, our business contributes to increased economic activity and tax revenues. Veteranpoolen contributes to a better society.”
Veteranpoolen was founded in 2007 by Ingrid Erlandsson. The company specialises in employing retirees and offers staffing services for property management, office services, finance/administration, cleaning, sales & customer service, warehousing & logistics throughout Sweden.
In trading yesterday, Veteranpoolen shares closed at SEK 19.10 (€1.85), down 4.02% on the day. Based on its current share price the company has a market value of SEK 355.71 (€34.4 million).