English

YEAR-END REPORT JANUARY – DECEMBER 2012

Report this content

INCREASED SALES AND STRONG CASH FLOW

JANUARY – DECEMBER 2012

  • Net sales total SEK 1,380.2 (1,293.5) million
  • Operating profit (EBIT) of SEK 180.7 (184.3) million; operating margin of 13.1 per cent
  • Pre-tax profit of SEK 181.4 (186.0) million
  • Profit after tax of SEK 136.9 (135.7) million
  • Earnings per share of SEK 2.60 (2.58)
  • Cash flow from operations of SEK 146.3 (122.4) million
  • Liquid assets of SEK 210.0 (190.5) million
  • The Board proposes to the Annual General Meeting that a dividend of SEK 2.40 per share is distributed to shareholders, totalling approximately SEK 126.6 million

OCTOBER – DECEMBER 2012

  • Net sales total SEK 370.0 (369.6) million
  • Operating profit (EBIT) of SEK 49.4 (60.6) million; operating margin of 13.4 per cent
  • Pre-tax profit of SEK 49.2 (61.2) million
  • Profit after tax of SEK 41.2 (43.3) million
  • Earnings per share of SEK 0.78 (0.82)

SIGNIFICANT EVENTS IN 2012

  • HiQ creates Swish, a mobile payment solution for Swedish payment services company, Bankgirot
  • HiQ becomes a digital partner for the British TV company Channel 4
  • HiQ develops a simulator for leading vehicle manufacturer
  • HiQ becomes digital partner for European Athletics Championships in Gothenburg
  • HiQ assists PlusTV Oy with an extensive integration project
  • HiQ signs framework agreements with the Swedish Coast Guard, Swedbank, Skandia, Posten and Sweden’s largest TV company
  • HiQ receives an order from a leading global vehicle manufacturer to develop a quality assurance solution for engines
  • HiQ appoints Anna Kleine as new Managing Director in Skåne
  • HiQ is voted Sweden’s most attractive employer for IT consultants in a survey in Computer Sweden magazine, close behind Google, Apple and Microsoft
  • HiQ is presented with ‘Volvo Cars Through Excellence Award’ by Volvo Cars
  • HiQ is voted in third place among the best companies on the Stockholm Exchange’s Mid Cap list in the Regis survey, IR Nordic Markets

This information is such as HiQ is required to make public according to the Swedish Securities Act and/or the Swedish Financial Instruments Trading Act. This report was released for publication at 07:30 CET on 31 January 2013.

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

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

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

Documents & Links