21.10.2014 07:44:00

HiQ International: Interim Report January - September 2014

Regulatory News:

JANUARY – SEPTEMBER 2014

  • Net sales total SEK 989.6 (956.9) million
  • Operating profit (EBIT) of SEK 99.0 (98.4) million; operating margin of 10.0 per cent
  • Pre-tax profit of SEK 99.3 (98.5) million
  • Profit after tax of SEK 76.8 (75.1) million
  • Earnings per share of SEK 1.46 (1.42)
  • Cash flow from operations of SEK 47.9 (76.9) million
  • Liquid assets of SEK 111.2 million

JULY – SEPTEMBER 2014

  • Net sales total SEK 294.9 (272.4) million
  • Operating profit (EBIT) of SEK 32.7 (27.3) million; operating margin of 11.1 per cent
  • Pre-tax profit of SEK 32.6 (27.3) million
  • Profit after tax of SEK 25.2 (21.0) million
  • Earnings per share of SEK 0.48 (0.40)

SIGNIFICANT EVENTS DURING THE PERIOD JANUARY - SEPTEMBER

  • HiQ wins business-critical assignments for the airline companies Finnair and SAS
  • HiQ helps The Swedish Post and Telecom Authority to create a Facebook solution for deafblind people
  • HiQ develops the next generation of mobile banking services for the Finnish S Group
  • HiQ wins a significant assignment for the Finnish Customs
  • HiQ helps Volvo Cars with the acknowledged "Roam Delivery” project

SIGNIFICANT EVENTS IN THE THIRD QUARTER

  • HiQ creates a new platform for communication for Akademiska Hus
  • HiQ becomes strategic partner to the Swedish Tax Agency
  • HiQ starts the Knowledge Bar tour, expecting over 3,000 visitors during the autumn
  • HiQ gets nominated for the Swedish Design Award and the Swedish Publishing Award

SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER

  • HiQ wins four areas in Kammarkollegiet’s tendering of consultant services
  • HiQ develops the new mobile service ResLedaren – simplifying the use of public transport for people with cognitive function disorders
  • HiQ helps Volvo Cars to create an active safety system in the "Non-Hit Car & Truck” project
  • Together with PTS, HiQ is nominated in the Swedish Mobile Awards, for the Facebook solution for deafblind people

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lars Stugemo, CEO and President of HiQ, tel. +46 (0)8-588 90 000

Peter H. Lindecrantz, Head of Corporate Communications, HiQ, tel. +46 (0)704-200 103

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 21 October 2014.

HiQ simplifies and improves people’s lives through 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 around 1,400 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

Tags:

Q3 , HiQ , Q3 2014

About Us

HiQ is an IT and management consultancy firm specialising in communications, software development and business-critical IT. Together we create the company we always wanted to work for and that clients want to work with. We want to make people's lives simpler and to help our customers improve and streamline their operations. HiQ is proudly Nordic and is a consultancy firm in the truest sense of the term. We understand technology and how it can earn our clients money.HiQ began in 1995 and has been listed on the OMX Mid Cap stock exchange for over 10 years. HiQ has multiple times been awarded the title Sweden's IT Consultant of the Year by magazine Veckans Affärer. www.hiq.se.

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