Staffing company Ogunsen is experiencing declining revenues and pressured margins, as the market for staffing and recruitment remains challenging. Nevertheless, the company's balance sheet is in good shape, according to an analysis published by Affärsvärlden on Friday.
"Over time, Ogunsen has maintained solid margins of 8-9 percent. If the company can return to those levels, the stock will likely perform well. In the short term, however, the outlook is difficult to assess, so we are watching Ogunsen from the sidelines with a neutral recommendation," the publication concludes.
