Strong market position and strong financial position
HiQ is performing well in 2009, with strong cash flows and a very good financial position, despite the continuing effect of the economic downturn on the IT consultancy sector. Net sales amounted to SEK 778.9 million and operating profit (EBIT) to SEK 99.6 million, an operating margin of 12,8 percent. Cash flow from operations amounted to SEK 82.2 million.“The market remains tough and the third quarter is always the weakest from a seasonal aspect. In a year like 2009, when the economic situation is weak, the seasonal effect is even stronger following lower market activity. Despite this we