INTERIM REPORT JANUARY – MARCH 2013

STRONG CASH FLOW IN FIRST QUARTER

JANUARY – MARCH 2013

  • Net sales total SEK 340,4 (379,4) million
  • Operating profit (EBIT) of SEK 34,4 (62,9) million; operating margin of 10,1 per cent
  • Pre-tax profit of SEK 34,3 (63,6) million
  • Profit after tax of SEK 25,1 (46,3) million
  • Earnings per share of SEK 0,48 (0,88)
  • Cash flow from operations of SEK 28,4 (46,1) million
  • Liquid assets of SEK 235,2 million

SIGNIFICANT EVENTS DURING THE PERIOD

  • HiQ signs a new framework agreement with Ascom Wireless Solutions, specialists on wireless communication in health care organizations
  • HiQ wins a framework agreement with Volvo Cars (VCC) to deliver e-learning services
  • HiQ works together with Doro in simplifying technology for seniors
  • HiQ becomes “strategic partner” to Cramo, one of Europe’s largest equipment rental companies
  • HiQ helps BorgWarner with their world-renowned four-wheel drive system, that enhances the cars’ driving ability and improves safety
  • HiQ creates a mobile application forthe Football Players’ Association of Finland (FPA), to help protect the members’ interests and prevent irregularities in the league
  • HiQ Borlänge is voted Dalarna’s best workplace in the “Bästa Jobbet 2012” contest
  • HiQ publishes its first HiQ Magazine, which illustrates the company’s spirit
  • HiQ creates a new intranet, simplifying internal communication for Kuusakoski Oy, the largest industrial recycling company in Northern Europe

EVENTS AFTER THE END OF THE PERIOD

  • The Annual General Meeting on 11 April 2013 elects Raimo Lind, CFO and Vice President of Wärtsilä Oyj, as new member of HiQ’s Board of Directors
  • The Annual General Meeting approves a SEK 2.40 per share dividend, totalling approximately SEK 127 million
  • HiQ signs a framework agreement with a Swedish world-leading industrial corporation

   
FOR FURTHER INFORMATION, PLEASE CONTACT:

Lars Stugemo, CEO and President of HiQ, Ph: +46 (0) 8 - 588 90 000
Laura Manninen, acting Head of Communications, HiQ, Ph: +46 (0) 734 – 48 13 17

    
This information is such as HiQ is required to make public according to the Swedish Securities Act and/or the Swedish Financial Instruments Trading Act. This report was released for publication at 07:30 CET on 23 April 2013.

HiQ simplifies and improves using hi-tech solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices both in the Nordic countries and in Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap List. For more information , please visit www.hiq.se

About Us

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 1,600 specialists in four countries and is listed on the Nasdaq Stockholm Mid Cap list. For more information and inspiration, please visit www.hiq.se.

Subscribe

Documents & Links