PION Group

Our 3,000 employees and HR-Tech increase companies’ productivity.

The PION Group works to maximise the ability of people and companies to achieve peak performance through competence, technology and strategy. Human resources will continue to be the hub for growth and we are convinced that new technology will quickly improve and accelerate human productivity. This is why we combine human resources with tech resources. 

We represent consultancy firms working in fields such as IT, engineering and strategy. We also work with interim management, executive search, HR-Tech, recruitment and staffing. 

PION Group AB is listed on Nasdaq Stockholm Small Cap.

We contribute to increasing integration and participation in society

According to Statistics Sweden (Statistiska Centralbyrån), the competence provision sector employs approximately 45 per cent of Sweden’s foreign-born workforce. With just over 3,000 employees, we are one of the sector’s largest companies and thus contribute to integration and diversity. Our current workforce consists of employees from over 50 countries. Studies show that staffing and recruitment companies have more success in integrating foreign-born workers into society.

We also collaborate with higher education institutions, folk high schools and the Swedish Public Employment Service on Korta Vägen (Shortcut), a project to fast-track those born outside Sweden who have at least three years of higher education into the Swedish labour market. We hold training courses and seminars for jobseekers on subjects such as succeeding in interviews. We also offer internships in various group companies, which in many cases have led to employment.

We are an active partner in the Öppet Hus (Open House) mentoring programme, which aims to open doors for young people to enter the labour market, especially those who are new to Sweden.

We also have an extensive programme of initiatives designed to stimulate gender equality, including the Young Female Leader Award and the project Girl Coders, which inspires young women to pursue a career in science, technology, engineering or mathematics.

The year in brief

Although external challenges such as high inflation, the war in Ukraine and soaring energy prices have left us dealing with unusual market conditions during 2023, proactive change work has resulted in both increased revenue and earnings compared to the corresponding period of 2022.

The year has been characterised by continued streamlining and change in order to adapt our organisation to increased and sustained profitability. While we have intensified our sales work and been awarded several new framework agreements, we have also closed accounts with low profitability, which may have an impact on turnover and earnings in the short term.
The group’s operating cash flow has improved. We also put considerable effort into integrating previous acquisitions, primarily in HR-Tech. This will lead to more efficient digital recruitment processes and thus higher margins.

Overall, we are sharply focused on digitisation, an issue we are driving both to optimise our internal processes and to support our customers in streamlining their recruitment processes.

PION Group IN NUMBERS

The company's development over the past few years.

Revenue
msek
2019
2020
2021
2022
2023
Number of employees
0
+1%
2023
2022
Annual growth
0%
Total 2022 - 2023
0%
CAGR*, total 2018 - 2023
0%
CAGR*, organic 2018 - 2023

PION Group is a publicly listed company on the Nasdaq Stockholm, Small Cap stock exchange. PION has not provided any financial forecasts for 2023, nor has Danir drawn up any forecasts. The figures showing the number of employees is the actual average number as of Q2 2023, with the addition of a 1.5% growth in the latter half of 2023, which corresponds to the average quarterly growth during the 12-month period of Q3 2022-Q2 2023. The figure for turnover in 2023 is the actual turnover during the first half of 2023, with the addition of actual turnover in the latter half of 2022, increased by 1.5%, which corresponds to growth in Q1-Q2 2023 vs. Q1-Q2 2022. This estimate is not based on any forward-looking information from PION Group and has not been discussed with any PION representatives.

*Compound Annual Growth Rate.

PION Group

The PION Group works to maximise the ability of people and companies to achieve peak performance through competence, technology and strategy. Human resources will continue to be the hub for growth and we are convinced that new technology will quickly improve and accelerate human productivity. This is why we combine human resources with tech resources. 

We represent consultancy firms working in fields such as IT, engineering and strategy. We also work with interim management, executive search, HR-Tech, recruitment and staffing. 

PION Group AB is listed on Nasdaq Stockholm Small Cap.

Yearbook 2023 /Subsidiary groups /PION Group