This article is from website

> Home page > Investor relations > IR News

IR News

Work Service after 3 quarters: solid results and a new Group strategy for the years 2018-2020


Through the first nine months of 2017, the revenues of the Work Service Capital Group have exceeded PLN 1,975 billion with an operating profit of almost PLN 52 million. Including the results of continuing activities, all key business factors reached double-digit growth over the previous year. The last 3 quarters were a time of considerable transformation for the Group with respect to both its ...

Double-digit improvement of business results and continuation of transformation


Revenues of Work Service Group in H1 2017 reached PLN 1.34 billion and increased by over 11% YoY. Sales profit increased in the said period by nearly 30% YoY, while operating result improved by 14% YoY. Process of sale of shares in Groups IT Kontrakt and Proservice was completed within the ongoing Group’s transformation in H1, leading to non-cash deduction, which ...

In 2016, Work Service increased revenues and launched transformation processes


The Work Service capital group ended the year with consolidated revenues of PLN 2.48 billion, which constituted an increase of 16% year-on-year (higher than the  dynamic of the Central and Eastern Europen market which was estimated to grow by 13%). The company has implemented several changes and announced further transformation in upcoming months. Moreover, the Group, for the first time in ...

Work Service Group sells IT Kontrakt in order to increase market presence in temporary staffing while streamlining the organization


On March 31, 2017, Work Service S.A. („WS Group”) signed a preliminary share purchase agreement related to the sale of its shares in IT Kontrakt sp. z o.o. („ITK”) to a private equity fund Oaktree Capital Management represented in Poland by Cornerstone Partners. The transaction proceeds of PLN 147m will be used to repay liabilities and finance expansion in WS Group’s core business i.e. temporary ...

New member of the Management Board of Work Service S.A.


On 20 April 2017, the Supervisory Board appointed Krzysztof Rewers as a member of the Management Board of Work Service S.A. He will take the position of Vice-President responsible for supervision of the financial and accounting policy of the Group and financial supervision of Subsidiaries of the Work Service Capital Group.

A draft of the resolution to be put to the vote at the Bondholders' Meeting on April 14, 2017.


The Management Board of Work Service S.A. hereby presents a draft of the resolution to be put to the vote at the Bondholders' Meeting on April 14, 2017.

“We Work for You” – image campaign of Work Service is starting now.


The biggest in the Middle-East Europe job agency, Work Service, launched a new image campaign “We Work for You” in April. Its aim is not only to encourage candidates to co-operate, but also to educate how the temporary job market works and assess the myths that have been created in relation to it.

Notice of convening the Meeting of Bondholders of series U bonds


The attached document constitutes a notice of convening, by the Issuer, the meeting of bondholders of the series U bonds, issued by the Issuer, on the basis of article 50 section 1 item 3) of the Act on Bonds.

Changes in Work Service S.A. Management Board


On 30th of December, Adam Pawłowicz resigned from the function of Vice-President of Work Service S.A. From the new year, his previous responsibilities of supervising the Polish part of Capital Group will be taken over by Piotr Gajek.

Work Service strengthens its position as CEE leader and improves its revenues


After three quarters of 2016 the Work Service Capital Group’s revenues reached the level of more than PLN 1,8 billion, which represents an increase of nearly 20% in comparison with the corresponding period of the last year. The Group’s gross profit on sales increased by over 23% in comparison with the corresponding period of the last year, while the operating profit increased by depreciation ...

send to a friend

This article is from website

Copyright © 2022 Work Service S.A. All Rights Reserved