Interim Financial Report - Cinnober Financial Technology AB

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Period January 1, 2015 – June 30, 2015

  • Net sales for the period amounted to SEK 135.8 million (SEK 140.0 million).
  • Profit before tax for the period amounted to SEK 2.1 million (SEK 1.8 million).
  • Earnings per share for the period amounted to SEK 0.05 (SEK 0.42).
  • During the period, a major deal was signed for an extensive trading project with the Australian Stock Exchange (ASX), which is one of the world’s ten largest marketplaces.
  • Cinnober has been selected by the European Commission to receive funding of more than EUR 2 million to adapt its clearing technology for European banks.

“Following a generally difficult period in recent years, pervaded by financial crisis and lost volumes for our customers, the positive signals have grown increasingly evident – this has also been the case in the past three months,” says Veronica Augustsson, CEO, in a comment. “We look forward to continuing our work in this exciting market with a long-term management focus on profitability and the previously announced cost savings program, which is being implemented as planned.”

Attachment: Interim Financial Report January 1, 2015 – June 30, 2015

Cinnober Financial Technology discloses the information provided herein pursuant to the Securities Market Act (Sw. lagen om värdepappersmarknaden). The information was submitted for publication on August 20, 2015 at 11:00 (CET).

For further information

Veronica Augustsson, CEO, phone +46 8 503 047 00, veronica.augustsson@cinnober.com

Cinnober in brief

  • Cinnober develops mission-critical system solutions for exchange trading, clearing, risk management and other financial services.
  • The target group consists primarily of international exchanges, clearinghouses, banks and brokerages.
  • The company was founded in 1998, currently has approximately 250 employees in Stockholm and Umeå (excluding consultants) representing 29 nationalities.
  • The offering includes solutions in price discovery, order matching, market data, index calculations, clearing, risk management and market surveillance.
  • The Cinnober share is traded on the Nasdaq First North. Avanza is the Certified Adviser.