- Klarna’s AI adoption boosts revenue per employee to $1 million.
- Eurozone industrial output declines, signaling slow economic growth.
- Companies like Carlsberg navigate softer consumer spending with strategic guidance updates.
Swedish buy-now-pay-later (BNPL) firm Klarna has reported robust AI-driven sales growth in the second quarter, achieving an impressive $1 million in revenue per employee. The company posted total revenues of $823 million for the period, alongside adjusted operating profits of $29 million, a sharp rise from $3 million in Q1.
Klarna credited its AI adoption for these gains. “AI adoption continues to deliver significant, tangible results. Average revenue per employee reached $1.0m, up 46% year-on-year,” the company stated in its quarterly report. Over the past two years, Klarna has reduced its workforce by 40%, leveraging AI and automation to cut manual, time-consuming tasks and boost productivity.
Mixed Economic Signals Across Europe
While Klarna flourishes, broader European economic indicators show a more uneven picture. Eurozone industrial output fell 1.3% month-on-month in June, with Germany’s production down 2.3%, according to Eurostat. Economists anticipate only slow growth in industrial production for the remainder of 2025, despite potential support from Germany’s fiscal policy.
Meanwhile, European markets opened higher, with France’s CAC 40 and Germany’s DAX gaining around 0.3%, reflecting cautious optimism. In the UK, GDP grew 0.3% in Q2, exceeding forecasts, though labor market softness and trade uncertainties temper expectations for a sharper rebound.
Corporate Performance Highlights
Several companies reflected the mixed economic climate. Danish brewer Carlsberg reported slightly weaker Q2 sales due to lower volumes, yet raised its full-year profit guidance, driven by strong performance in premium and alcohol-free products. Analysts note that consumer spending pauses and inflation pressures are shaping corporate strategies across Europe.
Also Read: Google Flight Deals: AI-Powered Tool Makes Finding Cheap Flights Easier
AI as a Growth Differentiator
Klarna’s results underscore how AI adoption can dramatically enhance productivity and profitability, even amid broader economic uncertainty. As European economies face uneven industrial output and cautious consumer spending, firms like Klarna show that technology-driven efficiency can provide a critical competitive edge.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.