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HiQ’s YEAR-END REPORT JANUARY – DECEMBER 2018

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JANUARY – DECEMBER 2018

  • Net sales total SEK 1 852.7 (1 787.9) million, an increase of 4 per cent
  • Operating profit (EBIT) of SEK 196.5 (214.4) million – an operating margin of SEK 10.6 (12.0) per cent
  • Pre-tax profit of SEK 197.4 (213.5) million
  • Profit after tax of SEK 151.9 (165.3) million
  • Earnings per share, before dilution: SEK 2.73 (3.00)
  • Cash flow from operations: SEK 167.4 (164.1) million
  • Liquid assets of SEK 183.5 (205.1) million
  • The Board proposes to the Annual General Meeting that a dividend of SEK 3.35 per share to be distributed to the shareholders, totaling 187.1 million

OCTOBER – DECEMBER 2018

  • Net sales total SEK 507.1 (494.7) million, an increase with 3 per cent
  • Operating profit (EBIT) is SEK 61.2 (62.4) million, equivalent to an operating margin of 12.1 per cent
  • Pre-tax profit of SEK 61.1 (62.3) million
  • Profit after tax of SEK 46.9 (48.2) million
  • Earnings per share, before dilution: SEK 0.84 (0.87)
  • Cash flow from operations of SEK 61.1 (51.4) million
  • The result is negatively affected by SEK 3.5 million, due to write-downs of accounts receivables and restructuring costs

SIGNIFICANT EVENTS DURING THE YEAR

Q4

  • HiQ wins framework agreement with Kammarkollegiet for the southern region
  • HiQ chosen as Cambio’s main partner for delivery of development teams
  • HiQ signs a framework agreement with Keva on digital services
  • HiQ to be digital partner with Norrköping Municipality
  • HiQ wins new agreement with Veikkaus
  • HiQ on shortlist for Eurobest

Q1, Q2 & Q3

  • HiQ launches partnership with Euro Finance in systems integration and the Frends integration platform
  • HiQ is selected by Yamaha Motor Europe to develop and launch the MyRide app
  • HiQ builds smarter homes together with Fortum
  • HiQ initiates system integration partnership with Aalto University in Esbo, Finland
  • HiQ wins national framework agreement with Kammarkollegiet in health care, education and social welfare
  • HiQ initiates partnership with NORMA Group
  • HiQ wins a framework agreement with ATG
  • HiQ wins a marketing framework agreement with a Nordic automotive manufacturer
  • HiQ initiates a partnership with Axis in Linköping
  • HiQ initiates collaboration with Hultafors
  • HiQ initiates a partnership with Nordax
  • HiQ expands its collaboration and delivers more teams to the Swedish Tax Agency
  • HiQ expands its collaboration with the innovative automotive industry and delivers more teams
  • HiQ continues to grow in e-health and to win new contracts, including Inera and SKL
  • HiQ develops a prototype for a digital driving licence for Trafi, the Finnish Transport Safety Agency
  • HiQ creates a VR experience for Volvo Cars
  • HiQ creates a unique restaurant experience at LEGO House, which among other things led to 1,000 articles and a Netflix documentary
  • HiQ further develops the Skånetrafiken travel app
  • HiQ is chosen to become the communications agency for the Royal Swedish Opera
  • HiQ in Linköping acquires Indentive’s consultancy business
  • Susanne Ehnbåge is elected as new board member of HiQ International
  • The Annual General Meeting approves a shareholder dividend of SEK 3.30 per share, totalling approximately SEK 183 million
  • HiQ wins gold in the European Design Awards and receives an honourable mention in Fast Company’s Innovation by Design Awards for the prototype of a digital driving license.

SIGNIFICANT EVENTS AFTER END OF THE REPORTING PERIOD

  • Taxi Stockholm enters partnership with HiQ to develop the company’s digital transport ecosystem. 

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 29 January 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 over 1600 specialists in five countries and is listed on the Nasdaq Stockholm MidCap list. For more information and inspiration, please visit www.hiq.se 


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HiQ Q4 2018

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