INTERIM REPORT JANUARY – SEPTEMBER 2017

CONTINOUS SUCCESS FOR HiQ

JANUARY – SEPTEMBER 2017

  • Net sales total SEK 1 293.2 (1 199.0) million, an increase with 7.9 per cent
  • Operating profit (EBIT) is SEK 152.0 (151.4) million, equivalent to an operating margin of 11.8 per cent
  • Pre-tax profit of SEK 151.2 (151.0) million
  • Profit after tax of SEK 117.2 (117.6) million
  • Earnings per share of SEK 2.13 (2.17)
  • Cash flow from operations of SEK 112.7 (102.1) million
  • Liquid assets of SEK 154.6 million

JULY – SEPTEMBER 2017

  • Net sales total SEK 369.3 (352.1) million, an increase with 4.9 per cent
  • Operating profit (EBIT) is SEK 38.5 (46.9) million, equivalent to an operating margin of 10.4 per cent
  • Pre-tax profit of SEK 38.3 (46.8) million
  • Profit after tax of SEK 29.6 (36.7) million
  • Earnings per share of SEK 0.54 (0.68)
  • Cash flow from operations of SEK -5.7 (15.7) million

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • HiQ becomes strategic partner to bank- and insurance group Skandia
  • HiQ signs framework agreement with Zenuity for development of systems for autonomous cars
  • HiQ develops a digital service for the Royal Swedish Opera to make opera more accessible
  • HiQ improves the working conditions in the industry together with 3nine and ST Solutions
  • HiQ develops the app “Olof Palme at Almedalen” that wins the Almedalen Innovation Award.
  • HiQ’s team from Great Apes in Helsinki win two prizes in the prestigious design competition Red Dot Awards and HiQ is also fourfold nominated in the Swedish Design Awards

SIGNIFICANT EVENTS AFTER THE THIRD QUARTER

  • HiQ wins framework agreement with one of Scandinavia’s biggest banks
  • HiQ develops loyalty portal for Circle K
  • HiQ behind Wärtsilä’s global intranet

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 26 October 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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