January-September 2000 Interim Report

January-September 2000 Interim Report Substantial increase in license revenue at 46 percent ¤ License revenue increased substantially during the period as a result of Intentia's greater competitive strength and the continued rising demand for complete e-collaboration solutions. License revenue in the third quar-ter increased by 46 percent. License revenue totaled SEK 151 million (104) for the quarter. For the first nine months, license revenue totaled SEK 620 million (503), representing an increase of 23 percent. ¤ Intentia's successful product development effort during the period, aimed at developing a complete range of components in the area of e-collaboration, afforded the company a stronger product position than ever before. ¤ The latter part of the third quarter saw an improvement in capacity utilization, as a result of which the con-sultancy margin for the first nine months of the year was 7 percent. However, the consultancy margin remained unsatisfactory. ¤ Net revenue for the first nine months totaled SEK 2,230 million (2,182), representing growth of 2 percent. Net revenue during the third quarter declined 3 percent, to SEK 624 million (643). ¤ Operating earnings were SEK -319 million (-259) for the first nine months and SEK -146 million (-130) for the third quarter. ¤ We expect a continuation of rapid growth in license sales and a steady improvement of the consultancy margin. Since these improvements will occur within the existing cost structure over the next few quarters, there will be a considerable positive impact on operating earnings. ¤ To maintain a high level of financial preparedness for Intentia's strong expected growth, the Board has decid-ed to propose a special meeting of stockholders to carry out an issue of new shares during the first half of 2001. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/24/20001024BIT01300/bit0001.doc http://www.bit.se/bitonline/2000/10/24/20001024BIT01300/bit0002.pdf