English

HIQ INTERIM REPORT JANUARY – SEPTEMBER 2019

Report this content

JANUARY – SEPTEMBER 2019

  • Net sales increases to SEK 1,355.8 (1,345.6) million
  • Operating profit (EBIT) increases to SEK 164.4 (135.3) million – an operating margin of SEK 12.1 (10.1) per cent
  • EBIT includes realisation gain from the divestment of shares in Westend Affärscentrum with SEK 22.8 million
  • Pre-tax profit increases to SEK 163.7 (136.3) million
  • Profit after tax increases to SEK 129.7 (105.0) million
  • Earnings per share, before dilution increases to SEK 2.32 (1.89)
  • Cash flow from operations increases to SEK 183.0 (106.3) million
  • Liquid assets increases to SEK 150.5 (128.2) million

JULY – SEPTEMBER 2019

  • Net sales total SEK 390.2 (395.0) million
  • Operating profit (EBIT) increases to SEK 43.1 (40.1) million – an operating margin of SEK 11.0 (10.1) per cent
  • Pre-tax profit increases to SEK 42.9 (39.9) million
  • Profit after tax increases to SEK 34.6 (31.4) million
  • Earnings per share, before dilution increases to SEK 0.62 (0.56)
  • Cash flow from operations increases to SEK 45.7 (9.5) million

SIGNIFICANT EVENTS DURING THE YEAR
Q3

  • The Swedish Tax Agency names HiQ as the winner in its procurement of contracted IT Application services
  • Orkla Foods chooses HiQ as digital partner to develop future digital solutions
  • The Swedish Armed Forces (Försvarsmakten) names HiQ as a winner in the procurement for consultant services within the area of digital channels
  • HiQ Sailing Team wins the 2019 ÅF Offshore Race and sets a new course record

Q2

  • HiQ and Scania develop a mobile solution that gives Scania customers faster assistance during unscheduled downtime
  • HiQ develops a mobile solution for ST1-owned service station chain Shell in Norway for coffee subscriptions
  • HiQ helps Sixt to launch a completely new service for corporate customer’s long-term car rental
  • HiQ develops software for tech start-up InviSense’s smart moisture scanners
  • HiQ divests holding in Westend Affärscentrum Oy in Finland
  • Helena Forsmark is new managing director of HiQ’s subsidiary HiQ Stockholm from 5 April 2019

Q1

  • Lähitaksi chooses HiQ to simplify taxi travel in Finland
  • Taxi Stockholm partners with HiQ to develop new digital services
  • AWA enhances partnership with HiQ and choose HiQ’s integrations platform Frends
  • HiQ helps SKL make healthcare services more efficient by using AI
  • Procurator choose HiQ and Frends for system integration
  • HiQ becomes digital partner with the Swedish Automobile Sports Federation
  • The Annual General Meeting approves a shareholder’s dividend of SEK 3.35 per share, corresponding to a total pay-out of approximately SEK 187 million
  • Ann Hellenius is appointed as a new member of the Board of Directors of HiQ
  • HiQ moves to a new head office at Katarinavägen 15 at Södermalm in Stockholm

SIGNIFICANT EVENTS AFTER END OF THE REPORTING PERIOD

  • Saab broaden its collaboration with HiQ and signs news framework agreement for IT services
  • SVT signs framework agreement with HiQ for consultancy services within system development

This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out, at 07.30 CET on 24 October 2019.
 

HiQ helps to make the world a better place by using technology, design and communication solutions to make people’s lives simpler and better. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ currently has close to 1600 specialists in four countries and is listed on the Nasdaq Stockholm MidCap list. 
For more information and inspiration, please visit www.hiq.se

Tags:

HiQ

Documents & Links