Interim Report 1 January-30 September 2002

Report this content

Interim Report 1 January - 30 September 2002 · Net turnover during the nine-month period fell by 14 per cent to MSEK 125.3 (145.2). · Results for the nine-month period: operating result of MSEK -1.7 (2.7) result before tax of MSEK -0.6 (2.5) earnings per share of SEK -0.08 (0.31) · During the third quarter, net turnover totalled MSEK 34.4 (42.6) the result before tax amounted to MSEK -2.0 (-0.7) the operating result totalled MSEK -2.4 (-1.1) · Operating costs were reduced by 16 per cent during the third quarter and by 11 per cent during the nine-month period as compared to the corresponding period last year. · New customers acquired during the nine-month period include Akzo Nobel, Cloetta Fazer, Dobson, Eaton Corporation, Elekta, Goodman Fielder, If, ISS, Metso, Labatt, NCR, Oncor and Posten Norge. · During the nine-month period, BTS UK succeeded in doubling its net turnover to MSEK 21.4. · BTS Group AB is an international consultancy and training company 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. Turnover During the nine-month period, BTS' net turnover fell by 14 per cent and amounted to MSEK 125.3 (145.2). Adjusted for changes in exchange rates, turnover during the period fell by 12 per cent. Although turnover fell in the United States and the Nordic region, both Great Britain and Australia continued to develop positively. Future reporting dates Year end report 2002 12 February 2003 Stockholm, 23 October 2002 Henrik Ekelund President and CEO *Open telephone meeting with Henrik Ekelund on Wednesday, 23 October, 10.00-10.30. Tel. +46 8-598 001 04 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 This report has not been specially reviewed by BTS' auditors. BTS Group AB Grevgatan 34 114 53 Stockholm SWEDEN Tel. +46 8 58 70 70 00 Fax. +46 8 58 70 70 01 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: The full report The full report