Interim Report Acando 1 January – 30 September 2008: Operating profit increased 54 percent

Operating profit increased 54 percent

First nine months 2008 compared with same period 2007

• Net sales amounted to SEK 1 173m (940), an increase of 25 percent.
• Operating profit was SEK 105m (68), an increase of 54 percent.
• Profit after tax was SEK 118m (76), an improvement of 55 percent.
• Cash flow from operating activities was SEK 108m (43), an increase of 151 percent.
• The shares in AS WMG (Webmedia) were sold during the period with a capital gain of SEK 13m. (The capital gain is included in "Profit after tax" and in “Earnings per share” but not in the operating profit).
• Earnings per share after dilution amounted to SEK 1.52 (0.88), an increase of 73 percent.

Third quarter 2008 compared with same period 2007:

• Net sales amounted to SEK 340m (295), an increase of 15 percent.
• Operating profit was SEK 28m (20), an increase of 40 percent.
• Profit after tax was SEK 28m (20), an improvement of 50 percent.
• Earnings per share after dilution amounted to SEK 0.37 (0.24), an increase of 54 percent.

See attached pdf for full report.

About Us

Acando is the consulting company who with equal parts of technical excellence and insight into human behavior - innovates, streamlines and mobilizes organizations for sustainable change. The Group has approximately 2000 employees allocated over five countries. Acando had sales of more than 2.4 billion SEK in 2017 and is listed on Nasdaq Stockholm.

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