tiprankstipranks
Company Announcements

Webstep ASA Announces 2024 Financial Results and Dividend Proposal

Story Highlights
Webstep ASA Announces 2024 Financial Results and Dividend Proposal

Discover the Best Stocks and Maximize Your Portfolio:

Webstep AS ( (DE:5ZF) ) has provided an announcement.

Webstep ASA reported stable revenues for the fourth quarter of 2024 at NOK 225.6 million, with a significant improvement in EBIT margin due to reduced personnel costs. The company experienced growth in its consultant revenue, driven by regional offices outside Oslo and activity in the energy sector. Despite challenging macroeconomic conditions and customer reluctance, Webstep aims to enhance consultant utilization through regional collaboration and is committed to profitable growth with a proposed dividend of NOK 2.30 per share.

More about Webstep AS

Webstep ASA is a consultancy firm providing IT services to both private and public sectors, specializing in digitalization and IT expertise.

YTD Price Performance: 4.62%

Average Trading Volume: 26

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €56.23M

Find detailed analytics on 5ZF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1