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Investor Relations14 Oct 2025
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Veteranpoolen (VPAB) investor relations material
Veteranpoolen Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary26 Aug, 2025
Executive summary
Revenue grew 10.1% year-over-year to 189 MSEK in Q2 2025, with operating profit up to 23.1 MSEK and a margin of 12.2%.
Net income for Q2 reached 18.6 MSEK, and for H1 2025, revenue was 301 MSEK with operating profit of 26.8 MSEK.
Growth was driven by strong performance in private customer services and increased market share in corporate staffing despite a weak market.
International expansion, especially in Denmark, continued but impacted results by 3.1 MSEK in Q2 and 5.5 MSEK for H1.
Financial highlights
Q2 2025 revenue: 188,987 kkr (up 10.1% YoY); H1 2025 revenue: 300,510 kkr (up 10.3% YoY).
Q2 operating profit: 23,054 kkr (margin 12.2%); H1 operating profit: 26,782 kkr (margin 8.9%).
Q2 net income: 18,634 kkr; H1 net income: 21,551 kkr.
Q2 EPS before dilution: 0.93 kr (0.90 kr after dilution); H1 EPS before dilution: 1.08 kr (1.06 kr after dilution).
Cash flow from operations after working capital: 17,722 kkr in Q2; 12,505 kkr in H1.
Outlook and guidance
Focus remains on quality growth, customer satisfaction, and expanding both private and corporate customer bases.
Continued international expansion is expected, with ongoing investments in Denmark and other markets.
Assess H1 profit impact from international efforts
What caused the negative H1 cash flow?
What drove corporate market share gains?
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Next Veteranpoolen earnings date
Q3 202518 Nov, 2025
Next Veteranpoolen earnings date
Q3 202518 Nov, 2025
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Frequently asked questions
Veteranpoolen AB operates as a staffing and recruitment company based in Sweden. The firm primarily provides a range of services to both private and business clients, including staffing for household chores, gardening, administrative tasks, manufacturing support, warehouse logistics, and property management. Veteranpoolen is known for its unique employment model which mainly involves hiring retirees, offering them various roles across different industries such as sales, customer service, office support, and industry operations. This approach not only helps in catering to the diverse needs of its clients but also aids in enhancing the quality of life for the elderly by keeping them active in the workforce. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nordic Growth Market.
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