Cybercom announces preliminary outcome for the third quarter in connection with the rights issue

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This press release may not be made public, published or distributed, directly or indirectly, in the United States of America, Canada, Australia, Hong Kong or Japan. Please refer to the Important Notice below.

On 30 August 2012, Cybercom announced that its Board of Directors had resolved on a new share issue not exceeding SEK 127 million with preferential rights for the company’s shareholders. In connection therewith, it was also announced that Cybercom intended to disclose the preliminary outcome for the third quarter 2012, prior to the subscription period and publication of the prospectus that has been prepared in connection with the rights issue. Cybercom hereby announces its preliminary outcome for the third quarter of the fiscal year 2012:

  • Net sales are expected to amount to SEK 260 – 275 million.
  • Operating profit before interest, taxation, depreciation and amortisation (EBITDA) is expected to amount to SEK 2 – 6 million. No extraordinary items are expected to impact the results in the quarter.

“During the seasonally short third quarter we are observing a weak trend in profitability and sales. The utilisation rate remains unsatisfactory in some parts of our operations and the market is also more hesitant. We are continuing to implement change within the company to make the operations more efficient in order to be able to achieve our financial targets,” says Niklas Flyborg, President and CEO.

For additional information about the rights issue, please refer to the press release regarding the Board of Directors’ rights issue decision announced on 30 August 2012 and to the interim report for the third quarter 2012, which is to be published on 25 October 2012.

Cybercom Group AB (publ) discloses this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 24 September 2012, 13.00 CET.

For further information please contact:

Niklas Flyborg, President and CEO +46 70 594 96 78
Camilla Öberg, CFO +46 73 398 50 01
Kristina Cato, Communication and IR manager +46 70 864 47 02

About Cybercom
Cybercom is an IT consulting company that assists leading companies and organisations to benefit from the opportunities of the connected world. The company’s areas of expertise span the entire ecosystem of communications services. Cybercom’s domestic market is the Nordic region, and in addition the company offers global delivery capacity for local and international business. Cybercom was founded in 1995 and has been quoted on the NASDAQ OMX Stockholm exchange since 1999.

IMPORTANT NOTICE

In certain jurisdictions, the publication or distribution of this press release may be subject to legal restrictions and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such legal restrictions.

This press release may not be published or distributed, directly or indirectly, in or to the United States, Canada, Australia, Hong Kong, Japan or any other jurisdiction where such action is wholly or partially subject to legal restrictions. Nor may the information in this press release be forwarded, reproduced or disclosed in such a manner that contravenes such restrictions. Failure to comply with this instruction may result in a violation of the United States Securities Act of 1933 ("Securities Act") or laws applicable in other jurisdictions.

This press release does not contain or constitute an invitation or an offer to acquire, subscribe for or otherwise trade in shares, subscription rights or other securities in Cybercom Group AB (publ). Any invitation to the persons concerned to subscribe for shares in Cybercom Group AB (publ) will only be made through the prospectus Cybercom Group AB (publ) intends to publish by the beginning of October 2012.

Neither of the subscription rights, the BTAs (interim shares) or the new shares will be registered in accordance with the Securities Act or any provincial act in Canada. The subscription rights, the BTAs (interim shares) or the new shares may not, directly or indirectly, be transferred or offered for sale in the United States, Canada, Australia, Hong Kong, Japan or any other country where such action is wholly or partially subject to legal restrictions, or to persons resident there or on account of such persons other than in such exceptional cases that do not require registration in accordance with the Securities Act or any provincial act in Canada or corresponding measure according to applicable legislation in other jurisdictions.

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