INTERIM REPORT JANUARY – JUNE 2016

RECORD IN PROFIT, NET SALES AND NUMBER OF EMPLOYEES

JANUARY – JUNE 2016

  • Net sales total SEK 846.9 (782.4) million
  • Operating profit (EBIT) is SEK 104.5 (89.6) million, equivalent to an operating margin of 12.3 per cent
  • Pre-tax profit of SEK 104.1 (89.4) million
  • Profit after tax of SEK 80.9 (69.4) million
  • Earnings per share of SEK 1.50 (1.30)
  • Cash flow from operations of SEK 86.4 (83.0) million
  • Liquid assets of SEK 149.1 million

APRIL – JUNE 2016

  • Net sales total SEK 442.8 (391.0) million
  • Operating profit (EBIT) is SEK 61.4 (43.6) million, equivalent to an operating margin of 13.9 per cent
  • Pre-tax profit of SEK 61.0 (43.5) million
  • Profit after tax of SEK 47.5 (33.7) million
  • Earnings per share of SEK 0.88 (0.63)
  • Cash flow from operations of SEK 51.1 (56.9) million

SIGNIFICANT EVENTS DURING THE FIRST HALF OF THE YEAR

  • HiQ helps Volvofinans Bank to simplify for one million car owners with the new service “CarPay”
  • HiQ wins the assignment as strategic partner to DEKRA Industrial, with a focus on digitalisation
  • HiQ develops Finland’s most comprehensive mobile health center for the healthcare company Diacor – during the spring, the service is nominated for a “Digital Disruption” award in Finland
  • HiQ helps Västtrafik with digital presence and customer experience through the new service “Västtrafik to go”, which reaches 100,000 downloads already during its first month
  • HiQ is in charge for the technical realisation when the Finnish S-Bank and ABC group launch an innovative solution making it possible to pay for gas with your smartphone
  • HiQ helps the telecom company Polystar to streamline its operations
  • HiQ wins frame agreements concerning development of digital solutions with e.g. SVT and Viaplay
  • HiQ and 3nine develop an IoT solution that simplifies for operators within the engineering industry
  • HiQ develops Diabetes Tools’ digital solutions, which simplify for diabetes patients, families, and healthcare providers
  • HiQ helps the Swedish Transport Administration to simplify travel for visually impaired people, with the new service “Tågprator”
  • HiQ distributes a shareholders’ dividend of SEK 2.90 per share, totalling approximately SEK 156 million
  • The Annual General Meeting elects Gunnel Duveblad as new chair of the Board of HiQ
  • HiQ is recognized as a representative vendor in the April 2016 Market Guide for “Hybrid Integration Platform-enabling Technologies” by Gartner, Inc
  • HiQ is named one of Sweden’s Career Companies for the second year in a row

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • HiQ is responsible for the new communication concept for the Match Cup Sweden sailing competition at Marstrand in July – yet another step in a successful collaboration

FOR FURTHER INFORMATION, PLEASE CONTACT:
Lars Stugemo, President and CEO of HiQ, tel. +46 (0)8-588 90 000
Jenny Normark Sperens, Head of Corporate Communications, HiQ, tel. +46 (0)734-431 007

This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out, at 07.30 CET on 11 August 2016.

HiQ helps to make the world a better place by making people’s lives simpler through technology and communication. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ has 1,500 specialists in four countries and is listed on the Nasdaq Stockholm Mid Cap List. For more information and inspiration, visit www.hiq.se 

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About Us

HiQ helps to make the world a better place by making people’s lives simpler through technology, design and communication. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ has 1,600 specialists in six countries and is listed on the Nasdaq Stockholm Mid Cap list. For more information and inspiration, please visit www.hiq.se.

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