INTERIM REPORT JANUARY – JUNE 2018

Increased sales and a healthy market

” At the end of the quarter, HiQ has 1,652 employees, which is more than ever before.”

JANUARY – JUNE 2018

  • Net sales total SEK 950.5 (923.9) million, an increase of 2.9 per cent
  • Operating profit (EBIT) of SEK 95.2 (113.5) million – an operating margin of SEK 10.0 (12.3) per cent
  • Pre-tax profit of SEK 96.4 (112.9) million
  • Profit after tax of SEK 73.5 (87.5) million
  • Earnings per share, before dilution: SEK 1.32 (1.59)
  • Cash flow from operations: SEK 96.8 (118.4) million
  • Liquid assets of SEK 123.0 (163.9) million

APRIL – JUNE 2018

  • Net sales total SEK 476.2 (454.3) million, an increase with 4.8 per cent
  • Operating profit (EBIT) is SEK 43.1 (48.0) million, equivalent to an operating margin of 9.1 per cent
  • Pre-tax profit of SEK 43.7 (47.5) million
  • Profit after tax of SEK 33.0 (36.7) million
  • Earnings per share, before dilution: SEK 0.59 (0.67)
  • Cash flow from operations of SEK 17.9 (58.0) million

SIGNIFICANT EVENTS DURING THE FIRST SIX MONTHS

  • HiQ wins a framework agreement with ATG
  • HiQ wins a marketing framework agreement with a Nordic automotive manufacturer
  • HiQ initiates a partnership with Axis in Linköping
  • HiQ initiates collaboration with Hultafors
  • HiQ initiates a partnership with Nordax
  • HiQ expands its collaboration and delivers more teams to the Swedish Tax Agency
  • HiQ expands its collaboration with the innovative automotive industry and delivers more teams
  • HiQ continues to grow in e-health and to win new contracts, including Inera and SKL
  • HiQ develops a prototype for a digital driving licence for Trafi, the Finnish Transport Safety Agency
  • HiQ creates a VR experience for Volvo Cars
  • HiQ creates a unique restaurant experience at LEGO House
  • HiQ further develops the Skånetrafiken travel app
  • HiQ is chosen to become the communications agency for the Royal Swedish Opera
  • HiQ in Linköping acquires Indentive’s consultancy business
  • Susanne Ehnbåge is elected as new board member of HiQ International
  • The Annual General Meeting approves a shareholder dividend of SEK 3.30 per share, totaling approximately SEK 183 million
  • HiQ wins gold in European Design Awards for its prototype of a digital driving licence

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • HiQ is chosen as integration partner by Euro Finance

 
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 17 July 2018.

 
HiQ helps to make the world a better place by using technology, design and communication solutions to make people’s lives simpler and better. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ currently has over 1600 specialists in six countries and is listed on the Nasdaq Stockholm MidCap list. For more information and inspiration, please visit www.hiq.se

Tags:

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.

Subscribe

Documents & Links