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Bisnode interim report January-March 2011

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Stable performance with a continued good profitability. Revenue of SEK 1,052 million and operating margin, EBITA of 11.0 per cent

 

 

January-March

  • Revenue of SEK 1,052 million (1,162)
  • Operating profit, EBITA of SEK 116 million (139)
  • Operating margin, EBITA of 11.0 per cent (12.0)
  • Cash flow from operating activities of SEK 152 million (150)

Key events

  • Organic growth of -1.5 per cent
  • Cautious market demand in Marketing Solutions and, as expected, lower SPAR-related sales
  • Sustained growth in Credit Solutions and Software and Applications
  • Strong cash flow from operating activities
  • Market position in Central Europe strengthened through acquisitions in Croatia, Poland, the Czech Republic and Slovakia
  • Agreement signed to acquire Lindorff Decision and Lindorff Match in Norway.

Events after the balance sheet date

  • Acquisition of Lindorff Match
  • Divestiture of operating unit in the Netherlands
  • Acquisition of remaining minority shares in Business Check

 

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

About Bisnode:
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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