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INTERIM REPORT JANUARY – JUNE 2019

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JANUARY – JUNE 2019

  • Net sales total SEK 965.5 (950.5) million, an increase of 1.6 per cent
  • Operating profit (EBIT) of SEK 121.4 (95.2) million – an operating margin of SEK 12.6 (10.0) per cent
  • EBIT includes realisation gain from the divestment of shares in Westend Affärscentrum with SEK 22.8 million
  • Pre-tax profit of SEK 120.8 (96.4) million
  • Profit after tax of SEK 95.1 (73.5) million
  • Earnings per share, before dilution: SEK 1.70 (1.32)
  • Cash flow from operations: SEK 137.3 (96.8) million
  • Liquid assets of SEK 110.3 (123.0) million

APRIL – JUNE 2019

  • Net sales total SEK 477.2 (476.2) million
  • Operating profit (EBIT) of SEK 66.2 (43.1) million – an operating margin of SEK 13.9 per cent
  • EBIT includes realisation gain from the divestment of shares in Westend Affärscentrum with SEK 22.8 million 
  • Pre-tax profit of SEK 66.1 (43.7) million
  • Profit after tax of SEK 51.8 (33.0) million
  • Earnings per share, before dilution: SEK 0.93 (0.59)
  • Cash flow from operations: SEK 75.8 (17.9) million 

SIGNIFICANT EVENTS DURING THE FIRST SIX MONTH

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 as from 5 April

Q1

  • Lähitaksi chooses HiQ to simplify taxi travel in Finland
  • Taxi Stockholm in partnership with HiQ to develop the company’s digital transport ecosystem
  • 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

SIGNIFICANT EVENTS AFTER END OF THE REPORTING PERIOD

  • HiQ wins the 2019 ÅF Offshore Race and sets a new course record

 
This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out, at 07.30 CET on 16 July 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 four countries and is listed on the Nasdaq Stockholm MidCap list. 
For more information and inspiration, please visit www.hiq.se 

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