RECORD IN NET SALES AND SHAREHOLDERS’ DIVIDEND
Net sales in the first quarter total SEK 404.1 (391.3) million. Operating profit (EBIT) is 43.1 SEK (46.1) million, which is equivalent to a margin of 10.7 per cent. During the period HiQ decides to settle with the bankruptcy estate of Saab Automobile, which has a negative effect of SEK 1.9 million on the company’s’ results. In March the Annual General Meeting decided on a shareholders’ dividend of SEK 2.90 per share, totalling approximately SEK 156 million.
“We have never had better net sales in a first quarter and we are more employees than ever before. Our financial position continues to be strong and the Annual General Meeting has decided on HiQ’s highest dividend to date. After 21 years in the business we continue every day to create results for our clients, employees, and shareholders. That feels amazing,” says Lars Stugemo, President and CEO of HiQ.
HiQ starts the year with winning new clients and performing successful assignments. A strong area of focus is accessibility, where we see how digitalisation creates possibilities to include everyone in society, on equal terms. As an example, HiQ develops the services “Tågprator” and “Tidning för alla”, which simplify travel and access to the news for people with different kinds of disabilities. Another area in which HiQ is simplifying and delivering results is the healthcare sector.
“The common denominator is to create a better world and make everyday life a bit more simple and fun, regardless if you are healthy, sick or have special needs. We also win assignments in which we help our clients in their digital transformation, with the aim to make them more competitive. These cases are no different in regards of our focus – its all about the users and simplicity,“ says Lars Stugemo.
During the first quarter, HiQ is named a Career Company for the second year in a row.
“This shows us that HiQ’s employees are happy at work, and we are glad that so many driven, committed, and skilled people want to work with us. With the best employees in the business we look forward to continue simplifying and improving,” Stugemo concludes.
HiQ’s President and CEO, Lars Stugemo, presents the report today, Monday 25 April at 09:00 CET, at HiQ’s head office (Regeringsgatan 20) in Stockholm. The report can be ordered by phone (+46 8 588 90 000) or downloaded from www.hiq.se.
HiQ is required by Swedish law (Securities Market Act and/or the Financial Instruments Trading Act) to publish this information. This information was released for publication at 07:30 CET on 25 April 2016.
For more information, please contact:
Lars Stugemo, President and CEO HiQ, tel. +46 8 588 90 000
Jenny Normark Sperens, Head of Corporate Communications, tel. +46 734 431 007
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 1,400 specialists in four countries and is listed on the Nasdaq Stockholm MidCap list. For more information and inspiration, please visit www.hiq.se