ZALARIS ASA Key financial figures for Q4:
- Revenue of
NOK 203.5 million (NOK 206.2 million ), marginally lower than last year -
Adjusted EBIT of
NOK 15.9 million (NOK 5.0 million ), an increase of 218% -
Profit for the period of
NOK 17.6 million (NOK -3.3 million ) -
Cash of
NOK 124.8 million (NOK 82.4 million ), an increase ofNOK 42.4 million (51.5%) from last year -
The board will propose a dividend of
NOK 1.00 per share for 2020
Continuing positive development in margins and cash
- #teamZalaris delivered its 20th year of consecutive growth
- Strong positive development in EBIT resulting in an all-time high Q4 EBIT
- Signed several new agreements, including a BPO agreement with Metsä, where we will be delivering a global payroll, covering 28 countries
- Continued strong operating cash flow
Maintaining revenue growth for the full-year despite Covid-19
"Despite the impacts from the Covid-19 pandemic, #teamZalaris delivered its 20th year of consecutive growth with revenue of
"We enter 2021 with the goal to continue building on our capabilities and delivering on our ambition to become the European leader in Payroll and HR solutions and services" says Mellerud.
The fourth quarter webcast will be available through ir.zalaris.com.
Contact:
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com
Mobile: +47 951 79 190
E-mail: gunnar.manum@zalaris.com
About
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
https://news.cision.com/zalaris-asa/r/all-time-high-ebit-in-the-fourth-quarter,c3290221
https://mb.cision.com/Public/18447/3290221/b35e20285f7ffb78.pdf
https://mb.cision.com/Public/18447/3290221/b73db4619e1d94e9.pdf
(c) 2021 Cision. All rights reserved., source
