Uniflex is an authorised staffing company in the fields of industry, warehousing, construction, electricity, administration, sales and customer service. The company provides its services in three Nordic countries: Sweden, Norway and Finland. On 1 January 2018, Uniflex divested its German operations. Uniflex’s financial targets are growth above market with operating margins of 5%. For 2017, Uniflex blue collar constituted over 2/3 of the company’s sales.
Staffing companies in general are contracted as a flexible part of a company’s work force. Their services are therefore attractive when the economy is expanding and a quick addition of labour is needed in order to meet customer demand. Uniflex is therefore naturally sensitive to changes in the business cycle, and its high share of blue-collar staff is a factor that enhances this sensitivity. Moreover, the sector has low barriers to entry, which means that competition can increase quickly when profitability in the sector increases.
