INTERIM REPORT JANUARY – JUNE 2017

STRONG FIRST SIX MONTHS FOR HiQ

JANUARY – JUNE 2017

  • Net sales total SEK 923.9 (846.9) million, an increase with 9.1 per cent
  • Operating profit (EBIT) is SEK 113.5 (104.5) million, equivalent to an operating margin of 12.3 per cent
  • Pre-tax profit of SEK 112.9 (104.1) million
  • Profit after tax of SEK 87.5 (80.9) million
  • Earnings per share of SEK 1.59 (1.50)
  • Cash flow from operations of SEK 118.4 (86.4) million
  • Liquid assets of SEK 163.9 million

APRIL – JUNE 2017

  • Net sales total SEK 454.3 (442.8) million, an increase with 2.6 per cent
  • Operating profit (EBIT) is SEK 48.0 (61.4) million, equivalent to an operating margin of 10.6 per cent
  • Pre-tax profit of SEK 47.5 (61.0) million
  • Profit after tax of SEK 36.7 (47.5) million
  • Earnings per share of SEK 0.67 (0.88)
  • Cash flow from operations of SEK 58.0 (51.1) million

SIGNIFICANT EVENTS DURING FIRST SIX MONTHS

  • Annual General Meeting approves a shareholders’ dividend of SEK 3.10 per share, corresponding to a total of approximately SEK 170 million, through a share split and a redemption programme
  • HiQ helps Husqvarna launch the first connected tool-shed ever – Battery Box
  • HiQ and retailer Jula start a digital partnership
  • HiQ and Länsförsäkringar develop ridesafe.se that prevents smart phone usage while driving
  • HiQ´s integration platform FRENDS is chosen by Finnish S-Bank
  • HiQ develops a digital payment service together with Bambora
  • HiQ wins the assignment to make a pre-study for mobile payments in Dubai
  • HiQ is appointed digital partner to Awapatent
  • HiQ and Adalta simplify for newly arrived immigrants to integrate into the Swedish society
  • HiQ becomes digital partner to bank- and insurance group Skandia

AWARDS

  • HiQ´s team at Great Apes in Helsinki win the European Design Awards for the interface of Quantum Break
  • The same team win the design category in Finland´s most prestigious advertising-and design award Vuoden Huiput (equivalent to Swedish award Guldägget)
  • HiQ develops the AR-app “Olof Palme in Almedalen” that wins the Almedalen Innovation Award.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Lars Stugemo, President and CEO of HiQ, tel. +46 (0)8-588 90 000
Erik Ridman, Head of Corporate Communications, HiQ, tel. +46 (0)707-508 060

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 18 July 2017.

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 more than 1,600 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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