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INTERIM REPORT JANUARY - MARCH 2017

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A STRONG START OF THE YEAR FROM HiQ

JANUARY– MARCH 2017

  • Net sales total SEK 469.7 (404.1) million, an increase of 16 percent
  • Operating profit (EBIT) of SEK 65.5 (43.1) million – an operating margin of SEK 14.0 (10.7) percent
  • Pre-tax profit of SEK 65.4 (43.2) million, an increase of 52 percent
  • Profit after tax of SEK 50.9 (33.3) million
  • Earnings per share: SEK 0.93 (0.62)
  • Cash flow from operations: SEK 60.5 (35.4) million
  • Liquid assets of SEK 262.8 (246.1) million

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Annual General Meeting approves a shareholders’ dividend of SEK 3.10 per share, corresponding to a total of approximately SEK 170 million, through a share split and redemption programme
  • HiQ strengthens its position in web and digital development with the acquisition of Presis in Skåne
  • HiQ helps service company Empower to improve workplace safety through an IoT solution
  • HiQ becomes a digital partner to infrastructure and construction services provider Destia
  • HiQ develops an urban development website for the City of Gothenburg
  • HiQ uses technology to streamline business processes for Raisio, a leading name in plant-based nutrition
  • HiQ and the city of Enköping win the award “Best municipality web of the year” from the magazine Internetworld
  • HiQ´s design team from Great Apes is nominated to the prestigious award “The One Show”

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • HiQ and Passalen collaborate to create the Göra.nu app that makes it easier for children and young people with functional diversity to enjoy meaningful activities
  • HiQ assists Husqvarna to develop the world’s first connected tool-shed


FOR FURTHER INFORMATION, PLEASE CONTACT:
Lars Stugemo, President & CEO, HiQ. Tel. +46 8-588 90 000
Erik Ridman, Head of Communications, HiQ. Tel. +46 70-7508060


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 above, at 07.30 CET on 25 April 2017.

HiQ helps to make the world a better place by using technology 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 digitalised world. Founded in 1995, HiQ has 1,600 specialists in four countries and is listed on the Nasdaq Stockholm Mid Cap. For more information and inspiration, please visit www.hiq.se 

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HiQ Q1 2017

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