Bisnode Interim report January-June 2011
Bisnode performed well and achieved a somewhat higher operating margin and a sustained strong cash flow for the period
April-June
- Revenue of SEK 1,054 million (1,111)
- Operating profit (EBITA) of SEK 116 million (104)
- Operating margin (EBITA) of 11.0 per cent (9.3)
- Cash flow from operating activities of SEK 74 million (41)
January-June
- Revenue of SEK 2,105 million (2,273)
- Operating profit (EBITA) of SEK 232 million (242)
- Operating margin (EBITA) of 11.0 per cent (10.7)
- Cash flow from operating activities of SEK 226 million (192)
Key events during the period
- Organic growth of -2 per cent
- Continued weak development in Marketing Solutions
- Solid growth in Credit Solutions and Software and Applications
- Improved cash flow from operating activities
- Market positions in the Central European and Nordic regions strengthened through acquisitions in Croatia, Poland, the Czech Republic, Slovakia, Sweden and Norway
For further information, please contact:
Johan Wall, CEO Bisnode
Telephone: +46 8 558 059 31
Mobile: +46 705 54 18 00
E-mail: johan.wall@bisnode.com
Fredrik Åkerman, CFO
Telephone: +46 8 558 059 35
Mobile: +46 704 15 23 65
E-mail: fredrik.akerman@bisnode.com
Bisnode is one of Europe’s leading providers of digital business and decision support information, with a complete offering of online services for market, credit and business information. Bisnode’s business information services helps companies to increase sales, reduce business risks and improve their daily business decisions. Bisnode was founded in 1989 and has more than 3,000 employees in 17 European countries. Bisnode is owned 70 per cent by Ratos and 30 per cent by Bonnier. For more information visit www.bisnode.com
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