Hemnet replaces CEO Jonas Gustafsson as share price plunges 59% this year
Hemnet CEO Jonas Gustafsson is leaving today. His replacement will take over immediately.
Business
Hemnet’s Operating Profit Falls 26% as CEO Calls Quarter a Crucial Turning Point
Hemnet's operating profit plunged 26 percent to SEK 144.1 million in the third quarter, according to the housing site's interim report. Net sales fell 18 percent during the quarter to SEK 301.5 million.
Business
Hemnet cuts costs and launches free ad formats to win back home sellers
The housing site Hemnet is being forced into a major cost-cutting package, in which almost 40 percent of its employees will have to leave. In addition, the company is launching entirely new advertising solutions for its customers. "It is a sacred cow that is really being slaughtered," says Erik Wikander, former CEO of Svensk Fastighetsförmedling, among others.
Business
Profit plummets for Hemnet - new payment model
Housing ad site Hemnet's pre-tax profit plummeted to 48.3 million kronor in the first quarter of the year, down from 102.9 million a year earlier.
Business
Hemnet's new feature: Sell the home first, pay later
The housing site Hemnet is launching a new model for those who want to sell their home. "Sell first, pay later" will now be possible for the company's housing ads. However, you must be prepared to pay more.
Business
The Public Urged to Collect Bear Droppings
2,000 bear scat samples. This is how many the County Administrative Board in Västerbotten hopes to receive when it now urges the general public to collect bear droppings.
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