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INTERIM REPORT JANUARY – JUNE 2013

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CONTINUED STRONG CASH FLOW AND INCREASED PROFIT IN THE SECOND QUARTER

JANUARY – JUNE 2013

  • Net sales total SEK 684.4 (731.2) million
  • Operating profit (EBIT) of SEK 71.1 (99.2) million; operating margin of 10.4 per cent
  • Pre-tax profit of SEK 71.3 (99.8) million
  • Profit after tax of SEK 54.1 (71.9) million
  • Earnings per share of SEK 1.02 (1.36)
  • Cash flow from operations of SEK 69.8 (98.0) million
  • Liquid assets of SEK 150.1 million
  • On 27 May shareholders in the company received a dividend of SEK 2.40 per share, totalling approximately SEK 127 million in all, in the form of a split with a mandatory redemption programme. This equates to a dividend yield of SEK 7.1 per cent.

APRIL – JUNE 2013

  • Net sales total 344.1 (351.7) million
  • Operating profit (EBIT) of SEK 36.8 (36.3) million; operating margin of 10.7 per cent
  • Pre-tax profit of SEK 37.0 (36.3) million
  • Profit after tax of SEK 28.9 (25.6) million
  • Earnings per share of SEK 0.55 (0.49)
  • Cash flow from operations of SEK 41.4 (51.8) million

SIGNIFICANT EVENTS DURING THE FIRST SIX MONTHS OF THE YEAR

  • HiQ wins a new framework agreement with Ascom Wireless Solutions
  • HiQ becomes strategic partner to Cramo
  • HiQ works together with Doro to simplify technology for seniors
  • HiQ creates a new intranet for the major Finnish industrial group, Kuusakoski
  • HiQ wins a new framework agreement with Telge AB
  • HiQ wins a framework agreement with Volvo Cars and creates a web-based support portal for the Volvo On Call service
  • HiQ creates a responsive website for Wasa Kredit
  • HiQ signs a framework agreement with a major global industrial group
  • Annual General Meeting elects Raimo Lind, former CFO and Vice President of the Finnish engineering group Wärtsilä Oyj, as a new member of HiQ’s board

IMPORTANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • HiQ creates a new intranet for employees of the Municipality of Oulu in Finland


FOR FURTHER INFORMATION, PLEASE CONTACT:
Lars Stugemo,
CEO and President of HiQ
Tel. +46 (0)8-588 90 000

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

HiQ is required by Swedish law (the Securities Market Act and/or the Financial Instruments Trading Act) to publish this information. This report was released for publication at 07:30 CET on 15 August 2013.

HiQ simplifies and improves using hi-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 both in the Nordic countries and in Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se

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HiQ Peter Häggström Lars Stugemo Q2 2013

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