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Webstep AS ( (DE:5ZF) ) has issued an announcement.
Webstep ASA reported a 6.3% decline in revenues for Q2 2025 compared to the previous year, despite an increase in EBIT margin from 8.3% to 8.9%. The decline was attributed to reduced utilization and a slight decrease in consultant numbers, although higher average hourly rates were maintained. The company has been implementing a renewed strategy, focusing on long-term strategic goals, cost efficiency, and market visibility, which resulted in margin improvements. Webstep is positioned to capitalize on market recovery, supported by strong customer relationships and expertise in AI and data technologies, aiming for future growth and profitability.
More about Webstep AS
Webstep ASA is a consultancy service provider catering to both private and public sectors, specializing in IT expertise necessary for delivering complex digitalization and IT services.
Average Trading Volume: 47,774
Current Market Cap: NOK686.3M
Learn more about 5ZF stock on TipRanks’ Stock Analysis page.