Latest news with #MichaelWallin
BBC News
6 days ago
- General
- BBC News
The Spelthorne Shed in Staines marks a decade of community work
A community group which offers people an opportunity to use their skills to help the local community has celebrated its 10th Spelthorne Shed, in Staines-upon-Thames, Surrey, offers tools, equipment and idea was based on the Men's Sheds movement, created to tackle isolation and poor mental health through working at the Spelthorne Shed create items such as bird boxes, bug hotels, benches and memorial plaques for local parks. The shed is run by Michael Wallin, who took over from his father Fred."Men's Sheds had started in Australia and he'd seen an article about them and decided it would be something good to do in the community here," said Mr Wallin."The local council provided us with a shed in Fordbridge Park, it took us a year or two to get it fitted out and we opened our doors in 2015." He said the projects being worked on by members are many and varied, with those with more skills and experience happy to teach others."Some are restoring old cars and motorbikes, some are restoring or making furniture," he said."A few people sell the items and we use the money to keep the shed going."We have a few members who don't do anything, they come down and use the facility as a community hub, we've got a tearoom with plenty of tea, coffee and biscuits and cakes, people use it as a place to come and take a break from life, a place where they can share common interests and have a bit of camaraderie." Having marked the 10-year milestone, Mr Wallin is hoping the shed will become even busier."Our membership numbers are gradually increasing and we've gone from when we first started to opening a couple of afternoons a week."Now we're open most weekdays apart from Wednesdays. I'm hoping over the next few years we can get to the position where we're opening full time five days a week between 10 and four."
Business Upturn
7 days ago
- 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
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
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
