INTERIM REPORT, JANUARY – JUNE 2012

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CONTINUED GROWTH AND INCREASED PROFIT

JANUARY– JUNE 2012

  • Sales total SEK 731.2 (652.6) million, an increase of 12 per cent year on year
  • Operating profit (EBIT) totals SEK 99.2 (87.1) million, an operating margin of 13.6 per cent
  • Profits before tax total SEK 99.8 (88.0) million
  • Profits after tax total SEK 71.9 (65.0) million
  • Earnings per share total SEK 1.36 (1.24)
  • Cash flow from operations total SEK 98.0 (46.3) million
  • Liquid assets total SEK 168.0 million
  • On 10 May shareholders received a dividend of SEK 2.20 per share, for a total of about SEK 116 million, through a split with compulsory redemption procedure and corresponding with a yield of 6.1%

APRIL – JUNE 2012

  • Sales total SEK 351.7 (326.5) million, an increase of 8 per cent year on year
  • Operating profit (EBIT) totals SEK 36.3 (38.0) million, an operating margin of 10.3 per cent
  • Profit before tax totals SEK 36.3 (38.5) million
  • Profit after tax totals SEK 25.6 (28.7) million
  • Earnings per share totals SEK 0.49 (0.55)
  • Cash flow from operations totals SEK 51.8 (16.6) million

IMPORTANT EVENTS DURING THE FIRST SIX MONTHS OF THE YEAR

  • HiQ wins the contract to become a digital partner to Göteborg & CO during the European Athletics Indoor Championships in Gothenburg 2013
  • HiQ builds a system for easier charging of electric cars in the ELVIIS project
  • HiQ builds a social gaming network for Football United
  • HiQ wins a contract for an integration project for Helsingin Energia
  • HiQ becomes a quality partner to Lindorff
  • HiQ delivers a media reservation system for Finnish MTV
  • HiQ signs framework agreements with Sweden’s largest TV company, Posten, Skandia and Swedbank
  • HiQ builds a new web site for Söderberg & Partners
  • At the board meeting on march 28th, Ulrika Hagdahl and Erik Hallberg are selected as new members of the board of HiQ

 
For further information, please contact:

Lars Stugemo, CEO and President, HiQ, tel. +46 (0)8-588 90 000

Peter L. Häggström, Head of Corporate Communications, HiQ, tel. +46 (0)704-200 103

The information is such that HiQ will make it public according to the Swedish Securities Act and/or the Swedish Financial Instruments Trading Act. This report will be made public at 7.30 AM on 14 august 2012.

HiQ is an IT and management consultancy company specialising in high-tech solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices in the Nordic countries and Russia. HiQ is also listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit hiq.se

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