Ogunsen is a staffing company. The company specializes in hiring out workers to the banking and finance sector. The company's operations are mainly focused on hiring, recruitment and career guidance in major corporate restructurings. The largest operations are in major Swedish cities. The company was founded in 1993 and has its headquarters in Stockholm.
* Soft quarter, brighter outlook * We raise our EBIT estimates by 3-2% for '26e-'27e * Early signs of a better market environment Q1'26 report Ogunsen reported Q1’26 sales of SEK 115m, down 2% y-o-y, reflecting lower hourly rates in the consulting segment...
* An EBIT increase to SEK 6m (3m) in Q4'25 * We raise EBIT by 2-3% for '26e-'27e * Well positioned for a market recovery in 2026 Q4'25 report Ogusen reported Q4'25 sales of SEK 115m, up 1% y-o-y, ending nine consecutive quarters of declining revenue....
* An organic decline of 3% in Q3* We cut sales estimates by 4-2% for '26e-'27e* Positioned for a market recovery in '26eQ3 numbers: low utilisation to weigh on resultsOgunsen reported sales of SEK 100m, a decrease of 3% y-o-y. Consulting revenues were...
* Sales -9% and EBIT -18% vs ABGSCe* Weak utilisation in the consultant market* Expecting market stabilisation in H1'26 Q3'25 details Ogunsen reported Q3'25 sales of SEK 100m (-9% vs. ABGSCe 109m), a 3% y-o-y decline. The company increased the number...
* Comps to become easier in '26e* Cutting '25e-'27e adj. EBIT by 23-10%* 7-6x EV/EBIT '26e-'27eMarket headwinds persistOgunsen reported sales of SEK 112m, a 6% y-o-y decline (4% below ABGSCe). Consulting services' sales declined by 4% y-o-y, while recruitment...
* Sales +4% and adj. EBIT -47% vs ABGSCe* Weak demand in consulting and recruitment market* Consensus adj. EBIT likely down by high single-digit to low teensQ2'25 detailsOgunsen reports Q2'25 sales of SEK 112m (+4% vs. ABGSCe 107m), despite softer consultant...
Organic sales decline of 9% y-o-y EBIT margin of 5.2% (8.1%) Signs of stabilised market conditions Continues to take market share in a tough market Ogunsen reported Q1 sales of SEK 117m (129m), corresponding to a y-o-y decline of 9%. Consulting services...