tiprankstipranks
Trending News
More News >

Zalaris ASA Announces Board Change Amidst Strong Growth

Story Highlights
Zalaris ASA Announces Board Change Amidst Strong Growth

Confident Investing Starts Here:

Zalaris ASA ( (DE:81Y) ) has shared an announcement.

Zalaris ASA announced that Erik Langaker will step down as a Non-Executive Director due to new commitments in a private equity firm, although he will remain a shareholder. Under his tenure, the company has seen strategic growth, with the nomination committee actively seeking his replacement. In Q1 2025, Zalaris reported its seventh consecutive quarter of growth, with a 47% increase in LTM revenue and significant improvements in profitability and cash conversion, highlighting its strong market position and operational success.

More about Zalaris ASA

Zalaris is a leading provider of Global Payroll and Human Capital Management (HCM) solutions, operating with over 1,200 consultants and a broad partner network across more than 150 countries worldwide.

Average Trading Volume: 20,051

Current Market Cap: NOK1.7B

For an in-depth examination of 81Y stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1