Report

Ogunsen - Good start to the year, EBIT up <100% y-o-y

Demand is holding up well initially in Q2 Small negative adjustments for ’22e-’23e Share of recruitment revenues normalising in Q1
Underlying
SJR in Scandinavia AB

SJR in Scandinavia AB. SJR in Scandinavia AB (SJR) is a Sweden-based staff recruitment company primarily focusing on the economic, banking and financial sectors. The Company works in cooperation with a number of banking and financial institutions in Sweden, as well as with the financial and accounting departments of a number of the Swedish companies. The Company's activity is structured into three principal segments: Recruitment, Consulting and Career Guidance. As of December 31, 2011, the Company operated through two wholly owned subsidiaries, namely SW in Scandinavia AB and Ogunsen AB. SW in Scandinavia AB provides its recruiting services to companies, recruiting college students, graduates and other qualified staff with work experience of up to three years. Ogunsen AB is engaged in the provision of recruitment and substitution services on managerial level for both public and private companies. The Company operates in the cities of Stockholm, Malmo and Goteborg, Sweden.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Stefan Knutsson

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