English

EPiServer Interim report Q1 2010

Report this content

​ License revenues increased 28 percent

  • Licenses sales amounted to SEK 20.7 M (16.1) during the period, an increase of 28 percent
  • Net sales amounted to SEK 53.0 M (41.9) during the period
  • Operating profit during the period totaled SEK 6.8 M (6.9).
  • Profit before taxes was SEK 5.8 M (7.6) during the period.
  • Profit after taxes amounted to SEK 3.2 M (5.6) during the period.
  • Earnings per share during the period totaled SEK 0.06 (0.11)

CEO comments
As the newly appointed CEO of EPiServer, it is highly gratifying to note that the strong sales growth achieved during 2009 continued during the first quarter, driven by robust demand among our end cus­tomers. Revenues showed year-on-year growth of 26 percent during the period and operating profit amounted to SEK 6.8M (6.9).

During the quarter, we were impacted by the full cost effect of the foreign establish­ments that were undertaken in 2009 as well as the investment in additional R&D resources in Vietnam. These investments are the main reasons for the increase in cost levels. These initiatives are expected to be transformed into increased revenues in the future.

The establishment in the US initiated in mid-2009 is proceeding as planned and five new partners were recruited in the first quarter. We now have a total of 25 partners in the US and are continuing to systematically cultivate the American mar­ket.

At the end of March, in accordance with our strategy for continuously improving our offering, we launched the next gen­eration platform for web publishing, EPiServer CMS 6. The platform is designed to meet the changing needs of our cus­tomers who are facing the challenge of creating web experiences that engage the visitor at each contact. In addition to this product upgrade, we are also planning a launch during the second quarter of 2010 of a completely new e-commerce solu­tion for EPiServer, in response to demand among our partners and end customers for this type of product.

With its broad product and service portfo­lio, EPiServer is well equipped during 2010 to successfully satisfy the consider­able demand for products and services that convert our end customers’ online presence into business results.
Martin Henricson
CEO

Significant events during the quarter

  • EPiServer decided to apply for listing on NASDAQ OMX Stockholm
  • EPiServer CMS 6, which optimizes online communications and realizes the business critical web, was launched in March. EPiServer CMS 6 is more than a traditional platform for web publishing. It supports social media, community solutions, e-commerce, search engine optimization and person­alization.
  • At the end of the quarter, more than 9,500 members were registered on EPiServer’s community EPiServer World.
  • Bonnier-owned Bink is developing its digital business in co­operation with EPiServer. To increase cost efficiency, di.se, dn.se and all sites from Bonnier Tidskrifter will switch to new platforms based on EPiServer CMS.
  • Major new customers and websites during the first quarter: PEAB, STIM, Silverstone, Försvars- och säkerhetsföretaget SAAB and Coop.
  • Sweden’s best websites were announced. Those named to receive Web Service Awards included the EPiServer-based sites ICA Banken and the Royal Opera.
  • Martin Henricson was appointed new CEO of EPiServer Group AB in February. The former CEO Peter Larsson be­came new Chairman of the Board. Jonas Alfredson also took office as new CFO in March.

For more information:
Martin Henricson
CEO
martin.henricson@episerver.com
+46 709 95 08 73

Maria Wasing
VP of Marketing Europe/Investor Relations
maria.wasing@episerver.com
+46 73 852 17 52


EPiServer is a Swedish software company and a leading provider of Web Content Management (WCM) platforms and online community platforms. 3,000 customers worldwide use EPiServer CMS to create collaborative and engaging websites. EPiServer CMS is the foundation for more than 9,500 websites and is used on a daily basis by more than 130,000 web editors. EPiServer delivers its Web Content Management platform through an extensive network of  450 competent partner companies in 30 countries. EPiServer combines the stability and support of a commercial product with a thriving developer community of an open source project through the EPiServer World community of over 9,500 developers. EPiServer is a Microsoft Gold Certified Partner with an AAA-ranking by Dun & Bradstreet since 2000. The company was founded in 1994 and has offices in the United States, Sweden, Denmark, Norway, Finland, The Netherlands, South Africa, Australia and the United Kingdom.

Subscribe

Documents & Links