HiQ doubles profits in first half
HiQ doubles profits in first half IT and management consultancy HiQ more than doubled operating profits from SEK 9.2 million for the first half of 1998 to SEK 19.1 million for the first half of this year. Net sales increased to SEK 104.7 million over the same period, a 47% rise on the first half of 1998. The improvement in profits means that the operating profit for the period was SEK 19.1 million, compared to SEK 9.1 million in the first half of 1998. This corresponds to an operating margin of 18.2%, compared with 12.9% last year. HiQ is seeing a continued strong demand for its services.