Record strong May by Upgraded People AB
19 June 2024
Upgraded People AB continues its strong growth journey and once again delivers a record month in May with a turnover of 156 Msek, which is the highest turnover for a single month in the company’s history. Compared to May 2023, this means that turnover increases by a whopping 77.7%.
New business and assignments
We continue to win exciting tenders and are awarded many new assignments in both the public and private sectors. Looking at the private sector, it is still primarily in the banking, finance and insurance, energy and automotive segments that things are moving the most. Having said that, we are also noticing a dawning optimism in other industry segments. The pattern we can see in the market is a continued great need for niche and new skills, not least linked to AI. There is also a distinctive feature from both the public and private markets where societal benefit creates demand. In the public sector, we continue to take market share through increased trust from government agencies, municipalities and regions. We are proud of how we are continuously strengthening our positions in the Nordic market.
We also see proof that we are doing the right thing in the very high level of loyalty from our existing customer base, where we are consistently met with positive words and increased trust. We also notice the effects of an increasingly strong brand in that we continuously receive more exciting inquiries from the market where customers reach 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. By combining the power of execution with brilliant thoughts and groundbreaking ideas, we create value for individuals, organizations and society at large. For us, it is not about facilitating connections but about creating the conditions for growth and digital innovation. I would like to express my deep gratitude to all of 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
For more information:
CEO, Birgitta Hedegård
About Upgraded
Upgraded offers the market tailor-made solutions to meet the unique needs and wishes of its clients, we have a focus on services that lead the digital transformation forward to sleeplessly take on the challenges and opportunities of the future. Upgraded’s clients are found in both the public and private sectors with resource deliveries in Sweden, Norway and Denmark with over 1000 consultants on assignment. Turnover for 2023 amounted to just under 1.1 billion sek.