Another record month for Upgraded
15 November 2023
Upgraded is going against the grain and once again shows record figures for October. Sales increase by a whopping 66.8% to 122.1 million sek (73.2 million sek).
– We continue to gain market share in an otherwise cautious market and I am incredibly proud of all our employees and the results we create together at Upgraded, says Birgitta Hedegård, CEO of Upgraded.
Looking at the first 10 months of the year, Upgraded has a turnover of 827.3 million sek (539.4 million sek), i.e. a turnover growth of 53.4%. The basis for the strong growth is both a continued development of the relationship with existing customers and new strategic framework agreements. The previous forecast that Upgraded will have a turnover of over 1 billion for the full year remains unchanged.
The work on the company’s geographical expansion continues with establishments in Denmark and Norway where there is strong interest and continues to recruit key individuals.
Birgitta Hedegård describes the success as largely due to Upgraded’s strong corporate culture.
– We place great importance on creating a corporate culture where everyone feels comfortable. When you create a workplace together with your employees and allow everyone’s different qualities and skills to take their place, not only each individual, but also the entire business, will develop. Our solid work in finding the right skills and partners is based on solid sourcing work and skilled craftsmanship. In these times, higher demands are placed on finding niched cutting-edge expertise in combination with a speed that places great demands on the availability and presence of the employees at Upgraded, something that we have succeeded in and which is reflected in our figures.