Interim Report 1 January - 30 June 2003

BTS Group AB (publ) Interim Report 1 January-30 June 2003 - Net turnover during the first half of the year fell by 14 per cent to MSEK 78.4 (90.8) Adjusted for the effects of currency exchange rates, the fall is just 2 per cent. - Results for the first six months: * operating result of MSEK 1.5 (0.7) * result before tax of MSEK 2.5 (1.4) * earnings per share of SEK 0.32 (0.17) - During the second quarter, * net turnover totalled MSEK 41.2 (58.6) * the result before tax amounted to MSEK 3.6 (11.6) * the operating result totalled MSEK 3.2 (11.3) - The growth in the customer base continued satisfactorily during the first six months of the year. New customers acquired during this period included Aetna, Alcan, Connex, Ford, Ingersoll-Rand, Previa, Sony Electronics, Vodafone, Washington Mutual and Xerox. BTS Group AB is an international consultancy and training company active in the field of business acumen. BTS uses tailor-made business simulations to support company managers in implementing change and improving profitability. BTS solutions and services train the entire organisation to analyse and to take decisions centred on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision- making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often leading major companies. For additional information, please contact: Henrik Ekelund, CEO (+46 733-500 150) Stefan Brown, CFO (+46 8-58 70 70 00) or visit our Web site at www.bts.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/19/20030819BIT00040/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2003/08/19/20030819BIT00040/wkr0002.pdf The Full Report