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Interim report JAN–MAR 2014

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“The transformation of Bisnode to increase efficiency and return to growth is continuing, and the first quarter of 2014 developed in line with plan towards growth in the second half of 2014”

JANUARY – MARCH
  • Total revenue amounted to SEK 906 million (925).
  • Organic revenue growth was -0.9 per cent (-3.8).
  • Operating profit (EBITA) was SEK 45 million (74).
  • Operating margin (EBITA) was 5.0 per cent (8.0).
  • Operating profit (EBITA) excluding capital gains and losses and non-recurring items was SEK 52 million (80).- Non-recurring restructuring costs in the quarter amounted to SEK 13 million (14).- Capital gains for the period totalled SEK 6 million (8).
  • Cash flow from operating activities was SEK 9 million (60).
  • Earnings/loss per share (basic and diluted) amounted to SEK -0.15 (0.15).
HIGHLIGHTS JANUARY – MARCH
  • Organic revenue growth (adjusted for foreign exchange effects) was positive for Region Central Europe, while Regions Nordic and DACH showed negative growth as the effects of new initiatives in Sweden and Germany have not yet impacted revenue. Region BeNeFra continued to experience weak revenue development.
  • The One Bisnode restructuring program proceeded according to plan, resulting in SEK 13 million in non-recurring restructuring costs mainly in Sweden and France.
  • During the quarter, M&A activities remained in focus through the acquisition of the minority holdings in Vendemore Nordic AB and InfoDirekt A/S. Bisnode also acquired Grufman Reje Management AB and 75% of the shares in Debitor Registret A/S. The divestment of Lundalogik AB was finalised by 31 January.
  • Mats Lönnqvist was appointed as acting CFO of Bisnode Group as of 25 March.

LARS PETTERSSON
CEO
Telephone: +46 8 558 059 31
Mobile: +46 705 17 28 02
E-mail: lars.pettersson@bisnode.com

MATS LÖNNQVIST
CFO
Mobile: +46 8 558 059 00
E-mail: mats.lonnqvist@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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Interim report business information bisnode Interim report JAN–MAR 2014

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