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Work Service results break record once again

30.08.2013

Increase of revenues by 16% and of gross profit by over 15% for the first half of the year is not the only good news from Work Service SA capital group. The positive trend existing for a few months is likely to keep steady thanks to the consistent fulfilment of acquisition plans of the Management Board and care for organic development of the company.

BRE Bank Securities issues a buy recommendation for Work Service stock

17.05.2013

In an analytical report on Work Service stock, BRE Bank Securities issued a "buy" recommendation. A target price of PLN 9.83 was set, PLN 1.54 higher than the stock's current price.

Record year for Work Service

18.03.2013

The twelve months of 2012 marked the Work Service’s successful IPO on the WSE. The company recorded very good financial results and accomplished the successful acquisition of IT Kontrakt. Work Service Group revenues increased by 18% last year; EBIT was over 25% higher than in 2011. It was yet another record year in terms of company profits, as the overall market increased by approximately 3.5%.

mPLN 105 to be invested in Work Service S.A. expansion in Poland and Europe

21.01.2013

According to an agreement signed on 20 January 2013, PineBrigde Investments is to invest mPLN 105 in a Work Service share issue. Work Service intends to allocate the funds raised by the issue of the shares for the American investment fund to further consolidation, solidifying their leading position in the Polish HR services market and to acquisitions in Central and Eastern Europe.

Work Service Capital Group revenues continue to grow. New projections.

14.11.2012

The first three quarters of 2012 have brought a further increase in Work Service Group revenue reaching PLN 540 million. The new projections of financial results for the end of this year, including necessary corrections, predict a revenue growth of 26 per cent compared to 2011. In the last quarters, the company has borne various investment costs, which resulted in a lower net profit.

In the first half of 2012 the Work Service Capital Group's profit grew by 50%

22.08.2012

The first two quarters of 2012 were marked by record numbers for the Work Service Capital Group, which noted revenue growth of nearly 25% and growth in profits of over 50% year-on-year. In this same period Work Service held a successful IPO on the WSE, and acquired IT Kontrakt.

Work Service SA Management recommends PLN 0.10 dividend per share

31.05.2012

During the next General Meeting of Shareholders, the Management Board of Work Service S.A. will recommend allocation of PLN 5 million for dividend for the year 2011, equivalent to PLN 0.10 per share. In 2011 Work Service Group yielded a net profit of PLN 22.29 million.

Work Service takes over IT Kontrakt

24.05.2012

The biggest company operating in the Polish HR market has acquired a majority shareholding in IT Kontrakt, the largest Polish supplier of IT specialists and programmers. The company's inclusion in the Work Service Capital Group gives it access to new markets.

Work Service Capital Group has got off to a flying start in 2012

15.05.2012

The first quarter of 2012 has seen an increase in Work Service Capital Group’s net profit of almost 60%, as compared to the corresponding period last year. During the same period the group’s revenues increased by 22.45% and reached over PLN 170 million. At the end of April Work Service successfully debuted on the WSE, seeing an increase of 31.7% in the share price on the day of the debut. Share ...

Work Service has debuted on the WSE

26.04.2012

Series L shares of Work Service S.A., Poland’s personnel services market leader, has debuted on the main market of the WSE today. The opening price of allotment certificates was PLN 6. The share price started to grow rapidly and after fifteen minutes the price of allotment certificates increased by over 33% to PLN 8. At around noon the price consolidated at around PLN 7 with over 178 thousand ...

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Press Officer

Andrzej Kubisiak


Andrzej Kubisiak

tel. +[48] 512 176 030
andrzej.kubisiak@workservice.pl

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