Semcon - Q2 Report January - June 2000

BOOM IN THE STOCKHOLM REGION CONTRIBUTES TO A STRONG INCREASE IN SALES AND PROFITS DURING Q2 * Sales rose by 24% to SEK 520.5 million (420.8 m). * Profits increased by 19% to SEK 39.2 million (32.9 m), excluding the SPP repayment which is worth SEK 19.6 million. Including the SPP item, profits were up by 79% to SEK 58.8 million (32.9 m). * 85% profit hike within consultancy activities. * Unsatisfactory profitability within training activities. Major pro- gramme of recovery measures now being implemented. * Profit per share at SEK 1.58 excluding SPP (1.37), and SEK 2.37 in- cluding the SPP repayment. * Number of employees rose by 33%. * Forecast of strong sales growth and continuing high margins for the full year remains firm. IMPORTANT EVENTS DURING THE PERIOD * Semcon forms a development company, Euromation, in partnership with Ford (VCC) and AB Volvo. * Semcon strengthens its position in the Öresund region at Copenhagen and Karlskrona with the acquisition of the Pelmatic Group. * Semcon expands further within technical information - new departments opened in Västerås and Karlstad. * Agreement worth SEK 50 million signed with Volvo Car Corporation con- cerning engine development. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/22/20000822BIT00920/bit0001.doc The full report http://www.bit.se/bitonline/2000/08/22/20000822BIT00920/bit0002.pdf The full report

About Us

Semcon is an international technology company that develops products based on human needs and behaviours. We strengthen our customers’ competitiveness by always starting from the end user, because the person who knows most about the user’s needs creates the best products and the clearest benefits to humans. Semcon collaborates mainly with companies in the automotive, industry, energy and life science sectors. With more than 2000 specialised employees, Semcon has the ability to take care of the entire product development cycle, from strategy and technology development to design and product information. Semcon was founded in Sweden in 1980 and has offices in over 30 locations in eight different countries. In 2016, the Group reported annual sales of SEK 1.8 billion. Read more on semcon.com

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