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Cision AB (publ) - Interim report January-June 2012, July 18, 2012

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Continued growth through a turbulent quarter

April–June

  • Total revenue SEK 260 million (242)
  • Organic growth +6% (–3)
  • Operating profit SEK –9 million (30), excluding non-recurring items SEK 36 million (30)
  • Operating margin excluding non-recurring items 13.7% (12.4)
  • Operating cash flow SEK 33 million (17)

January–June

  • Total revenue SEK 505 million (491)
  • Organic growth +5% (–3)
  • Operating profit SEK 26 million (62), excluding non-recurring items SEK 71 million (62)
  • Operating margin excluding non-recurring items 14.0% (12.7)
  • Operating cash flow SEK 57 million (48)

Comment by Cision CEO Hans Gieskes:
“In spite of having had an eventful second quarter, our steadfast focus on transformation and growth again paid off: on top of continued growth in the US we’re happy to report a return to organic growth in Europe with 4% for the quarter. Apart from these positive growth trends, the two key events in the quarter were resolving a legal threat issue in the US and the divestment of our US print monitoring business, our eighth such divestment of a traditional media monitoring business since January 2009. Following completion of this divestment in the third quarter, Cision’s business profile will again improve in the form of higher gross margin and a greater focus on increasing the value of our software and digital services for our customers.”

For further information, please contact:

Hans Gieskes, President and CEO, phone 46 (0)8 507 410 11
e-mail: investorrelations@cision.com

Tosh Bruce-Morgan, CFO, telephone 46 (0)8 507 410 11
e-mail: investorrelations@cision.com

Cision AB (publ)
P.O. Box 24194
SE-104 51 Stockholm, Sweden
Corp Identity No. SE556027951401
Telephone: 46 (0)8 507 410 00
http://corporate.cision.com

Cision AB is required to disclose the information in this interim report under Sweden’s Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 8:30 a.m. CEST on July 18, 2012.

Cision is the leading provider of software, services, and tools to the public relations and marketing industry. Marketing and PR professionals use our products to help manage all aspects of their brands – from identifying key media and influencers to connecting with audiences; monitoring traditional and social media; and analyzing outcomes. Journalists, bloggers, and other influencers use Cision’s tools to research story ideas, track trends, and maintain their public profiles. Cision is present in Europe, North America and Asia, with partners in over 125 countries and is quoted on the Nordic Exchange with revenue of SEK 1.0 billion in 2011. This press release is also available at http://corporate.cision.com.

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Cision Interim report Hans Gieskes Cision AB quarterly report Tosh Bruce-Morgan

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