Record-breaking start to 2024

Upgraded People AB continues its strong growth journey from 2023 and sales for the first quarter of 2024 amounted to 410.5 million sek, compared to 229.0 million sek for the first quarter of 2023. This represents growth of a whopping 79.3%.

New business and assignments

During the first quarter of the year, we have won several exciting procurements and been awarded many new assignments in both the public and private sectors. If we look at the private sector, it is primarily in the banking, finance and insurance segments; energy and the automotive industry that things are moving the most. In the public sector, we continue to be strengthened with increased trust from government agencies, municipalities and regions. Most recently, we won a framework agreement with PTS (Swedish Post and Telecom Agency) at an estimated value of 150 million SEK. We also see proof that we are doing the right thing in the very high level of loyalty from the existing customer base, where we have been consistently met with positive words and increased trust. We are also noticing the effects of an increasingly strong brand in that during the quarter we have received several exciting inquiries from the market from customers who are reaching out for an initiated collaboration.

We will continue to work with our conviction that the results of our successes are based on our commitment to building valuable partnerships. Through a clear focus on implementation and high delivery power, we strive to create value for both individuals, organizations and society at large. For us, it is not just about providing consultants, but about creating the conditions for growth and digital innovation through good relationships, high competence, creative and imaginative collaborations. I would like to express my deep gratitude to all our outstanding employees, customers and partners who make this fantastic growth journey possible. I look forward to the rest of 2024 with great confidence, says Birgitta Hedegård, CEO of Upgraded People AB.