Positive development in Stockholm market

The first nine months of 2005 compared with the first nine months of 2004 • Net sales rose to SEK 446 million (441). • Operating profit rose to SEK 24 million (18), an increase of 30%. • Profit after tax amounted to SEK 24 million (8), an increase of 200%. • Earnings per share for the period amounted to SEK 0.41 (0.13). • Cash flow from operating activities amounted to SEK 7 million. • Acquisition of shares in WMG AS, a partnership for growth in Eastern Europe. Third quarter 2005 compared with third quarter 2004 • Quarterly net sales amounted to SEK 121 million (115) • Operating profit was SEK 3 million (3). • Major agreements signed with Gambro, the City of Stockholm and Volvo. New strategic partnership agreement with AstraZeneca. “Seasonal variations in 2005 are following the pattern from 2004, which means a low level of revenue in July and August, which then significantly increases during the period September – December. We are pleased that the Stockholm market has now stabilized and is seeing good demand,” says Lars Wollung, President and CEO of AcandoFrontec. For more information, please contact Lars Wollung, President and CEO telephone +46 730-21 14 26 Bertil Carlsén, Executive Vice President & CFO telephone +46 730-21 10 92 Jan Rehn, Director of Communications and Investor Relations telephone +46 31 345 32 43 Financial information is also available on our website

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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