Latest news with #BTSGroupAB
Business Upturn
04-08-2025
- Business
- Business Upturn
BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025
By GlobeNewswire Published on August 4, 2025, 11:00 IST P R E S S R E L E A S E Stockholm, August 4, 2025 BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025 STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, today announces an earnings update for the second quarter 2025. The company is expected to report net sales of approximately SEK 720 (730) and an EBITA of SEK 85 (110) in the second quarter. As a consequence, the outlook for 2025 has changed from a better EBITA than last year to the company anticipating a worse EBITA than last year. The deviation in profit stems entirely from BTS North America, which is experiencing negative revenue growth, mainly due to inefficient go-to-market and sales operations. Additionally, the current unfavorable USD exchange rate as well as severance and other one-time costs in the quarter have contributed to the reduced results. A program to get back to growth of revenue and profit in North America has been implemented, with new leadership of BTS North America, a new strategy and organization for marketing and sales. BTS Other Markets, BTS Europe, and the previously acquired executive coaching business of Boda in North America are continuing to show healthy growth of revenues and EBITA. For more information, please contact: Jessica Skon, CEO +1 (415) 203 1760 Michael Wallin, Head of investor relations [email protected] +46 8-587 070 02 +46 708-78 80 19 This information is information that BTS Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08:00 CEST on August 4, 2025. About BTS Group AB BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,200 professionals in 38 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS's services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation andstrategy implementation, as well as culture and broad-scale change. For over 35 years, BTS has been focused on the people-side of change and on powering better performance using proprietary simulation, learning, coaching, and assessment methodologies. We partner with nearly 1,200 organizations, including over 40 of the world's 100 largest global corporations. BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. For more information, please visit . Attachment Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
16-05-2025
- Business
- Yahoo
BTS Group AB (publ) Interim report January
P R E S S R E L E A S E Stockholm, May 16, 2025 BTS developing as planned, despite geopolitical uncertainty January 1 – March 31, 2025 Net sales amounted to MSEK 647 (619). Currency adjusted growth was 3%, whereof 1% was organic. EBITA remained unchanged, MSEK 59 (58). EBITA margin was 9.1 (9.5)%. Profit after tax amounted to MSEK 25 (53). Excluding reversed provisions of earn-out 2024, the profit after tax remained unchanged, MSEK 25 (25).1 Earnings per share amounted to SEK 1.33 (2.75). Excluding reversed provision of earn-out 2024, earnings per share increased 2% to SEK 1.33 (1.30). 2 3 'AI and automation are driving the next wave of productivity. In a first phase of scaled adoption, we expect about USD 5 million in cost savings across the Group, to be realized between the third quarter 2025 and through the first quarter 2026.' Jessica Skon, CEO of BTS Group AB Outlook 2025 The outlook for 2025 remains unchanged; we believe the result (EBITA) will be better than in 2024, with some reservations about currency developments given the current uncertainty and volatility surrounding the US dollar. FINANCIAL SUMMARY Jan-Mar Jan-Mar Apr-Mar Jan-Dec MSEK 2025 2024 2024/2025 2024 Net sales 647 619 2830 2802 Currency adjusted growth 3% 7% 4% 5% EBITA 59 58 365 365 EBITA margin 9.1% 9.5% 12.9% 13.0% EBIT 41 43 296 298 EBIT margin 6.3% 7.0% 10.4% 10.6% Profit after tax 25 53 359 387 Profit after tax, excluding the reversed provision of earn-out 25 25 191 191 Cash flow from operating activities -58 27 301 386 Earnings per share, SEK 1.33 2.75 18.50 19.93 Earnings per share, excluding earn-out 1.33 1.30 9.87 9.84 Net debt (+)/net cash (-) -53 -196 -53 -282 Number of employees (EOP) 1178 1103 1178 1172 1 During the first quarter 2024, a provision of earn-out related to the earlier acquisition of RLI was reversed, impacting the net financial items positively by MSEK 28. For increased comparability, the 2024 profit before and after tax in this interim report is presented, including and excluding this reversal.2 During the first quarter 2024, a provision of earn-out related to the earlier acquisition of RLI was reversed, impacting the net financial items positively by MSEK 28. For increased comparability, the 2024 profit before and after tax in this interim report is presented, including and excluding this reversal.3 Before and after dilution of shares. For more information, please contact: Michael Wallin Head of investor relations BTS Group AB (publ) +46-58 70 70 02 +46-708-78 80 19 This information is information that BTS Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on May 16, 2025. About BTS Group AB (publ) BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,100 professionals in 36 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS's services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation and strategy implementation, as well as culture and broad-scale change. For over thirty years, BTS has been focused on the people-side of change and uses proprietary simulation, learning, coaching, and assessment methodologies to power better performance. We partner with nearly 450 organizations, including over 30 of the world's 100 largest global corporations. Some of our major clients include ABB, Chevron, Coca-Cola, Ericsson, EY, HP, Mercado Libre, Salesforce, SAP, and Tencent. BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. Attachment BTS Q1 2025 - ENGSign in to access your portfolio
Yahoo
05-05-2025
- Business
- Yahoo
Acquires Nexo to strengthen its position in Brazil and Latin America
STOCKHOLM, SWEDEN - BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, has agreed to acquire Nexo Pesquisa e Consultoria Ltda., Nexo, a boutique consulting firm headquartered in São Paulo, Brazil. Nexo has been growing continuously since it was founded in 2017. With revenues of approximately 12 million Brazilian Reales (approx. 2.1 million USD) in 2024, and a highly capable team of 21 members, Nexo has built a strong reputation for delivering transformative projects in strategy, innovation, leadership, and culture. Nexo collaborates with a great portfolio of clients across sectors such as financial services, consumer goods, and technology, assisting both local and global companies in navigating uncertainty, unlocking creativity, and activating strategy through people. Their work encompasses culture transformation, leadership development, employer value proposition, innovation culture, and vision alignment – supported by proprietary methodologies and frameworks. BTS currently operates in Brazil servicing both local and multinational clients with a team of 13 employees. By acquiring Nexo, BTS not only increases the Group's footprint in Brazil but also adds significant capabilities in culture and transformation services. Nexo's client base has limited overlap with BTS, creating strong growth potential and synergy opportunities. 'Nexo is known for helping leaders and organizations tackle some of the most complex, human-centered challenges with creativity, empathy, and strategic clarity and the Nexo team is loved by their clients,' says Philios Andreou, Deputy CEO of BTS Group and President of the Other Markets Unit. 'Their products and services complement and elevate our existing offerings, especially in culture transformation, and we are thrilled to welcome the Nexo team to BTS.' 'We're excited to join BTS. We've long admired BTS's approach and unique portfolio to support large organizations and leaders in connecting strategy with culture across the organization,' says Andreas Auerbach, co-founder of Nexo. 'Becoming part of BTS, allows us to scale our impact and bring more value to our clients while staying true to our values and culture,' adds Mariana Lage Andrade, co-founder of Nexo. Upon completion of the transaction, Nexo's business and organization will merge with BTS Brazil. Nexo's founders will assume senior management roles in the joint operation. The acquisition includes a limited initial cash consideration. Additional purchase price considerations will be paid between 2026 and 2028, provided Nexo meets specific performance targets. A limited portion of any such additional purchase price considerations will be paid in newly issued BTS shares. The transaction is effective immediately. BTS's acquisition strategy continues to focus on broadening our service portfolio, expanding our geographic reach, and enhancing our capabilities to support future organic growth in a fragmented market. For more information, please contact: Philios Andreou Deputy CEO BTS Group AB Michael Wallin Head of investor relations BTS Group AB +46-8-587 070 02 +46-708-78 80 19 About BTS Group AB BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,200 professionals in 38 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS's services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation andstrategy implementation, as well as culture and broad-scale change. For over 35 years, BTS has been focused on the people-side of change and on powering better performance using proprietary simulation, learning, coaching, and assessment methodologies. We partner with nearly 1,200 organizations, including over 40 of the world's 100 largest global corporations. BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. For more information, please visit BTS Group Press release May 5
Yahoo
05-05-2025
- Business
- Yahoo
Invitation to BTS Q1 2025 presentation and conference call
STOCKHOLM, SWEDEN - BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, invites investors, analysts and business media to its interim report presentation and conference call with CEO Jessica Skon on Friday, May 16 at 08.00 am CET. The presentation can be followed on the web at: If you wish to ask questions verbally, please register via the link below. After registration, you will receive the phone number and conference ID to participate in the conference call. The report will be published at 07.00 am CET the same day. The presentation and slides will be available later at For more information, please contact: Michael Wallin Head of investor relations BTS Group AB +46-8-58 70 70 02 +46-708-78 80 19 About BTS Group AB BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,200 professionals in 38 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS's services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation and strategy implementation, as well as culture and broad-scale change. For over 35 years, BTS has been focused on the people-side of change and on powering better performance using proprietary simulation, learning, coaching, and assessment methodologies. We partner with nearly 1,200 organizations, including over 40 of the world's 100 largest global corporations. BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. For more information, please visit BTS invitation Q1 2025Sign in to access your portfolio
Associated Press
14-03-2025
- Business
- Associated Press
Christine Tao, Co-Founder of Sounding Board, Named to Inc. Magazine's 2025 Female Founders 500 List
BTS Group AB is proud to celebrate Christine Tao, co-founder and CEO of Sounding Board, for her inclusion in Inc. Magazine's 2025 Female Founders 500 list—a prestigious recognition of the most inspiring and influential women entrepreneurs who are redefining what it means to lead and build in today's business world. The Female Founders 500 list honors bold visionaries who have overcome obstacles, challenged convention, and sparked meaningful change in their industries. As Inc. describes, this is a 'special and rare' community of founders who are not just leading companies—they are reshaping what business leadership looks like today. Innovating the future of leader development with Christine Christine co-founded Sounding Board with Lori Mazan. Through its recent acquisition by BTS, Sounding Board expands BTS's capabilities to serve global companies with end-to-end, executive to frontline leadership coaching—combining the power of human connection with the precision of platform-based scale. Christine co-founded Sounding Board with Lori Mazan. Through its recent acquisition by BTS, Sounding Board expands BTS's capabilities to serve global companies with end-to-end, executive to frontline leadership coaching—combining the power of human connection with the precision of platform-based scale. 'Christine's recognition is a powerful validation of her purpose-driven leadership,' said Jessica Skon, CEO of BTS Group. 'She embodies the courage, innovation, and ambition that the Female Founders 500 celebrates—and we're honored to have her as part of the BTS family.' To view the full list of 2025 honorees, visit The spring issue of Inc. magazine, featuring the full Female Founders 500 package, will be available on newsstands March 18. About BTS BTS is a global consultancy that works with leaders at all levels to help them make better decisions, turn strategy into action, and build the capabilities needed for lasting success. We partner with clients to create human-centered learning experiences that spark transformation and accelerate business performance. BTS is a global consultancy that works with leaders at all levels to help them make better decisions, turn strategy into action, and build the capabilities needed for lasting success. We partner with clients to create human-centered learning experiences that spark transformation and accelerate business performance. CMO +1 (339) 222-4112 KEYWORD: EUROPE SWEDEN NORTH AMERICA SOURCE: BTS Group AB Copyright Business Wire 2025. PUB: 03/14/2025 01:24 PM/DISC: 03/14/2025 01:23 PM
