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  • Cision AB (publ) (formerly Observer AB) Interim report January–March 2007, April 26, 2007

Cision AB (publ) (formerly Observer AB) Interim report January–March 2007, April 26, 2007

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Restructuring work progressing according to plan. Continued strong market.

• The Group’s operating revenue amounted to SEK 488 million (493). Organic growth in local currency was 3 percent (3). All regions reported growth.

• Operating profit amounted to SEK 41 million (–404) and profit before tax was SEK 27 million (–421). Profit after tax amounted to SEK 15 million (–444), while earnings per share amounted to SEK 0.20 (–5.97).

• Excluding restructuring expenses, operating profit amounted to SEK 61 million (65) and the operating margin to 12.5 percent (13.2). Exchange rate effects, mainly from a weaker US dollar, negatively affected profit by SEK 5 million.

• Operating cash flow amounted to SEK 90 million (34). Free cash flow amounted to SEK 30 million (22).

• Observer has changed its name to Cision and is adopting a common name and uniform profile across all markets.



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