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Work Service SA has purchased Prohuman


For EUR 16 m, the Work Service Group has purchased one of the largest Hungarian job agencies, the company Prohuman. It is the next step in the expansion of the Work Service Group, which boosts the group on its way to becoming the leader of HR services in Central and Eastern Europe. 

Work Service S.A. concludes the acquisition of Work Express


Work Service S.A. has concluded a preliminary contract of purchase of shares of Work Express, one of the largest job agencies in Poland. The company will take over 80.11 % of shares, for which PLN 34 m have been allocated. The development of the Work Service capital group by yet another HR services firm will strengthen the position of the Company in its mission to become the leader in HR in the ...

A very good quarter for Work Service S.A. Capital Group


As the third quarter of this year draws to a close, the Company’s financial results break one more record.As of the end of September 2013, the consolidated net profit amounted to PLN 15m, which is tantamount to a 25% increase compared to the analogical period in previous year.

Work Service continues its expansion - Antal International Sp. z o.o. and Work Express Sp. z o.o. join the group


Antal International Sp. z o.o. and Work Express are two Companies which, for total amount of PLN 70m, will be purchased by Work Service this year, thus strengthening the Capital Group with their competences. Antal is a leader of Polish market of specialists and managers recruitment. Thanks to that acquisition, Work Service Group takes on a strategic position in the dynamically growing ...

Work Service results break record once again


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


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


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


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.


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%


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.

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