Zalaris ASA: Another quarter with record-high revenue and EBIT

30 Apr 2025 07:00 CEST

Zalaris ASA (OSE:ZAL) reported record revenue of NOK 370 million and adjusted
EBIT of NOK 52.1 million for Q1 2025.

Reported revenue for the quarter was NOK 370.2 million, up 16.2% from NOK 318.5
million in the same quarter last year.

Adjusted EBIT* increased by 50% to NOK 52.1 million, corresponding to a 14.1%
margin for the quarter.

The reported EBIT ended at NOK 41.7 million compared to NOK 32.5 million last
year.

The Board has proposed a dividend of NOK 0.90 per share for 2024, to be approved
by the annual general meeting on 22 May.

"Q1 2025 continued the strong momentum we built in 2024, and I am pleased to
share that we have once again delivered record-breaking results." says Hans
-Petter Mellerud, CEO and founder of Zalaris.

"This performance reflects continued improvements across our operations-driven
by growth in our customer base, cost optimisation efforts, and the strength of
our resilient business model." continues Mellerud.

Zalaris will host a streamed management presentation at 08:30 CET today followed
by a Q&A session. The webcast will be available on ir.zalaris.com or directly on
Teams (https://teams.microsoft.com/l/meetup
-join/19%3ameeting_MzhiY2FiNjMtNTc3Yi00YzA1LWJjYTAtOGVhNDM2ZWRlYTk4%40thread.v2/
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?context=%7B%22Tid%22%3A%22a16eb8e2-803d-4f22-849c
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-e3cd579293a1%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&bty
p
e=a&role=a).

The presentation of the first quarter 2025 financial result and the financial
report are enclosed.

Zalaris ASA Q1 2025 Presentation (https://ir.zalaris.com/wp
-content/uploads/sites/3/2025/04/Zalaris-ASA-Q1-2025-Presentation.pdf)

Zalaris ASA Q1 2025 Report (https://ir.zalaris.com/wp
-content/uploads/sites/3/2025/04/Zalaris-ASA-Q1-2025-Report.pdf)

* Adjusted EBIT and other alternative performance measures (APMs) are defined
and reconciled to the IFRS financial statements as a part of the APM section of
the first quarter 2025 financial report on page 27 to 29.

Contact:

Hans-Petter Mellerud, CEO
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

Gunnar Manum, CFO
Mobile: +47 951 79 190
E-mail: gunnar.manum@zalaris.com

About

Zalaris (OSLO: ZAL) simplifies HR and payroll administration and empower
customers with useful information so that they can invest more in people. We are
a leading service provider of Human Experience Management (HXM) solutions across
Europe, serving more than 1.5 million employees with an annual revenue of NOK
1,398 million  (LTM Q1 2025). We hold #1 or #2 positions in most of our markets.
Our consultants have more than 25 years of experience in transforming HR with
our clients. Simplify work life. Achieve more. For more information, go to
www.zalaris.com.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements according
to section 5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

644829_Zalaris_ASA_Q1_2025_Presentation.pdf
644829_Zalaris_ASA_Q1_2025_Report.pdf