Latest news with #JessicaSkon
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
04-08-2025
- Business
- Yahoo
BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025
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 8-587 070 02+46 708-78 80 19About 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 more information, please visit Earnings update Q2
National Post
18-06-2025
- Business
- National Post
BTS Named a 2025 Top 50 Consulting Firm by The Consulting Report
Article content STOCKHOLM & SAN FRANCISCO — BTS GROUP AB (publ), a leading global consultancy focused on strategy execution and leadership development, has been named one of The Consulting Report's Top 50 Consulting Firms of 2025 —marking its second consecutive year on the list. Article content Each year, The Consulting Report honors firms that consistently deliver exceptional results for clients across industries. The 2025 list highlights consultancies that help organizations navigate complex challenges—from digital transformation and regulatory shifts to business growth and culture change—while delivering measurable impact. Article content Article content 'We don't take recognition like this for granted—it reflects the BTS culture and our innovative approach to consulting,' said Jessica Skon, Global CEO of BTS. 'Every CEO I speak with is navigating the AI opportunity, geo-political volatility, and the pressure to lead the company forward, with fast learning and adaption along the way. The challenge isn't just establishing the right priorities —it's making sure your people can live it, lead it, and adapt it in real time. Article content 'This award reflects the trust our clients place in us to help them do exactly that. Together, we're creating organizations that are built to shift—where strategy shows up in behavior, resilience is built into how teams operate, and change becomes a capability, not a disruption.' Article content As the consulting industry surpasses $300 billion in global market size, the pressure on firms to deliver specialized expertise and differentiated value continues to rise. At the same time, large enterprises and public-sector institutions face intensifying complexity—from global competition and AI disruption to changing workforce expectations and shifting market dynamics. Article content The firms recognized on this year's list stand out for their ability to meet this moment—guiding clients through uncertainty, enabling sustainable growth, and building resilience across industries and geographies. Article content We're honored to be recognized alongside firms helping shape the future of business—congratulations to this year's Top 50. Article content About BTS Group AB Article content BTS Article content is a consultancy specializing in the people side of strategy. For over three decades we've been designing powerful experiences that have a profound and lasting impact on businesses and their people. Our next-generation approach combines deep business knowledge with transformational development to help your people and your company evolve together and turn strategy into results. Article content BTS is a public company trading on the Nasdaq Stockholm under the symbol BTS B. Article content The Consulting Report (TCR) provides CEOs and senior executives of large corporations across the globe with insight on the leading consulting firms and their top consultants. With a digital presence reaching over 60,000 executives, professionals, and investors worldwide, their publications offer in-depth coverage and analysis of top firms and consultants. TCR stays ahead of industry trends and discovers the leaders shaping the future of business. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Business Wire
18-06-2025
- Business
- Business Wire
BTS Named a 2025 Top 50 Consulting Firm by The Consulting Report
STOCKHOLM & SAN FRANCISCO--(BUSINESS WIRE)-- BTS GROUP AB (publ), a leading global consultancy focused on strategy execution and leadership development, has been named one of The Consulting Report's Top 50 Consulting Firms of 2025 —marking its second consecutive year on the list. 'We don't take recognition like this for granted—it reflects the BTS culture and our innovative approach to consulting,' said Jessica Skon, Global CEO of BTS. Each year, The Consulting Report honors firms that consistently deliver exceptional results for clients across industries. The 2025 list highlights consultancies that help organizations navigate complex challenges—from digital transformation and regulatory shifts to business growth and culture change—while delivering measurable impact. 'We don't take recognition like this for granted—it reflects the BTS culture and our innovative approach to consulting,' said Jessica Skon, Global CEO of BTS. "Every CEO I speak with is navigating the AI opportunity, geo-political volatility, and the pressure to lead the company forward, with fast learning and adaption along the way. The challenge isn't just establishing the right priorities —it's making sure your people can live it, lead it, and adapt it in real time. "This award reflects the trust our clients place in us to help them do exactly that. Together, we're creating organizations that are built to shift—where strategy shows up in behavior, resilience is built into how teams operate, and change becomes a capability, not a disruption.' As the consulting industry surpasses $300 billion in global market size, the pressure on firms to deliver specialized expertise and differentiated value continues to rise. At the same time, large enterprises and public-sector institutions face intensifying complexity—from global competition and AI disruption to changing workforce expectations and shifting market dynamics. The firms recognized on this year's list stand out for their ability to meet this moment—guiding clients through uncertainty, enabling sustainable growth, and building resilience across industries and geographies. We're honored to be recognized alongside firms helping shape the future of business—congratulations to this year's Top 50. About BTS Group AB BTS is a consultancy specializing in the people side of strategy. For over three decades we've been designing powerful experiences that have a profound and lasting impact on businesses and their people. Our next-generation approach combines deep business knowledge with transformational development to help your people and your company evolve together and turn strategy into results. BTS is a public company trading on the Nasdaq Stockholm under the symbol BTS B. About The Consulting Report The Consulting Report (TCR) provides CEOs and senior executives of large corporations across the globe with insight on the leading consulting firms and their top consultants. With a digital presence reaching over 60,000 executives, professionals, and investors worldwide, their publications offer in-depth coverage and analysis of top firms and consultants. TCR stays ahead of industry trends and discovers the leaders shaping the future of business.
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
