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Webstep ASA Announces Strong Q2 Growth and Share Buyback

Webstep ASA Announces Strong Q2 Growth and Share Buyback

Webstep AS (DE:5ZF) has released an update.

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Webstep ASA reports a 3.5% revenue growth in Q2 2024, with its Norwegian operations growing by 8.0% and an improved EBIT margin. The company sold its Swedish division, enhancing its financial position and announcing plans to repurchase shares and pay an extra dividend in 2025. CEO Kristine Lund reaffirms Webstep’s commitment to long-term growth and profit improvement, aiming for more than 10% EBIT margin.

For further insights into DE:5ZF stock, check out TipRanks’ Stock Analysis page.

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