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INTERIM REPORT JANUARY – MARCH 2012

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Another Record Quarter for HiQ

January – March 2012

  • Sales totals SEK 379.4 (326.1) million
  • The company's operating profit (EBIT) totals SEK 62.9 (49.1) million; an operating margin of 16.6 per cent
  • Profits before tax totals SEK 63.6 (49.5) million
  • Profits after tax totals SEK 46.3 (36.3) million
  • Earnings per share totals SEK 0.88 (0.69)
  • Cash flow from operations totals SEK 46.1 (29.7) million
  • Liquid assets totals SEK 234.2 million
  • On 28 March the AGM approved a SEK 2.20 per share dividend, totalling approximately SEK 116 million, in the form of a share split with a mandatory redemption program

Important Events during the Period

  • HiQ wins the contract to become a digital partner to Göteborg & CO during the European Athletics Indoor Championships in Gothenburg 2013
  • HiQ creates energy monitoring systems for Finnish Porvoon Energia and Kereva Energy
  • HiQ is chosen as a quality partner for Lindorff
  • HiQ helps Matchmode to take Sweden's premier football league to mobile devices
  • HiQ delivers a media booking system for Finnish MTV
  • HiQ develops a mobile app for motorsport superstar Richard Göransson
  • HiQ contributes with expertise to an extensive project for reinsurance company Sirius International
  • HiQ signes a framework agreement with Skandia
  • HiQ signes a framework agreement with Swedbank
  • HiQ launches a digital consultation booking service for Finnish healthcare service Terveystalo
  • HiQ begins a partnership with superstar rally driver Mikko Hirvonen
  • Ulrika Hagdahl and Erik Hallberg were elected as members to HiQ's board of directors at the annual general meeting held on 28 March

Important Events since the Close of the Period

  • HiQ develops a platform for electric cars within the framework of the ELVIIS project for Victoria Institute and its partners
  • HiQ streamlines Helsingin Energia's integration environment
  • HiQ signs a framework agreement with Sweden's largest television company

For more information contact:
Lars Stugemo, CEO and President of HiQ,
Ph: +46 (0) 8 - 588 90 000

Peter L. Häggström, Head of Corporate Communications, HiQ,
Ph: +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 26 April 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 nearly 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 www.hiq.se


 

 

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