Press

European HR services provider, SD Worx along with Protime, the leading name in European timekeeping and employee scheduling solutions, have renewed  their commitment as the main sponsors of Team SD Worx – Protime. Extending their partnership through 2028.

Protime, the Belgian market leader in time registration and employee scheduling, has acquired Sheepblue, AI-based software for workforce planning, developed by the similarly named start-up founded in 2018 and headquartered in Vienna (Austria). The software specialises in shift-based industries that require precise workforce planning capabilities, such as manufacturing or logistics.

SD Worx, the leading European HR solutions provider, achieved a consolidated revenue of EUR 1.058 billion last year, an increase of 10% compared to 2022 (EUR 962.1 million). The consolidated normalised EBITDA grew 32.8% from EUR 136.7 million in 2022 to EUR 181.6 million in 2023. The consolidated profit before taxes rose by EUR 6.2 million to EUR 88.1 million. The consolidated net profit decreased from EUR 81 million in 2022 to EUR 70.1 million in 2023. As a reminder: the consolidated net profit growth in 2022 was exceptional (increasing from EUR 46.8 million in 2021 to EUR 81 million in 2022), affected by the capital gain realised on the sale of the real estate portfolio of SD Worx Real Estate NV to WorxInvest.

SD Worx, the leading European HR solutions provider, has appointed Teresa Olszewska as Managing Director for its SAP Solutions business. Teresa Olszewska will report into Tom Saeys, Chief Operating Officer at SD Worx. 

SD Worx, the leading European HR and payroll solutions provider, has acquired Romanian Software S.R.L., the market leader in Romania for payroll and Human Capital Management (HCM) solutions. With the acquisition SD Worx strengthens its position in Central and Eastern Europe and expands its offering of own payroll technology to its domestic and international customers. Romanian Software S.R.L. gains access to SD Worx’s complete payroll and HR software and services and to its expanding presence across Europe.  

As the war for talent rages on, nearly 40% of employers in the UK (39%) confess that external recruitment is their preferred hiring method. 

Almost half (46%) of employers in Britain confess that they are facing a shortage of workers to get the necessary work completed.

SD Worx, the leading European HR and payroll solutions provider, has acquired Gavdi Poland, the market leader of SAP HR solutions in Poland, from the Danish Gavdi Group. Gavdi Poland, headquartered in Warsaw, provides SAP HCM (Human Capital Management), SAP SuccessFactors consultancy and application management services. The company has also own developed solutions that are compatible with SAP HR software and extend its capabilities. Through this acquisition SD Worx reinforces its SAP HR capabilities to help customers in the mid-market and enterprise segments with HR and payroll solutions.

The Chartered Institute of Payroll Professionals’ (CIPP) has named SD Worx, international HR and Payroll Services provider, as a finalist for the Software Product of the Year in the CIPP Annual Excellence Awards.