HiQ International: Strong Growth with Good Profitability

Regulatory News:

Net sales in the first half of the year total SEK 782.4 (694.8) million. Operating profit (EBIT) is SEK 89.6 (66.3) million, which is equivalent to a margin of 11.5 per cent. Liquid assets total SEK 139.2 million.

"The digitalisation of our surrounding world and society continues at a quick pace. When everything becomes connected, this creates new opportunities to simplify people’s lives. Simultaneously, new companies are born and business models are challenged and altered. This development generates great possibilities for HiQ and for our clients, and with the best employees in the industry, we will continue helping our clients to utilise new technology,” says Lars Stugemo, President and CEO at HiQ.

The digital development has only just begun and it will continue redrawing the map for all industries and all organisations. The public sector is an area in which this development creates great possibilities to improve people’s everyday lives. HiQ is well positioned and signs framework agreements with Kammarkollegiet in Sweden and Hansel in Finland during the second quarter. The agreements make it possible for hundreds of establishments within the public sector to use HiQ as a supplier.

"We continue creating good results and winning new clients, framework agreements, and assignments. Profitability is good and all subsidiaries perform a better result compared to the same period last year. On the income side this is HiQ’s best second quarter to date. It’s also gratifying that we distributed a dividend of SEK 2.60 per share, totalling SEK 138.2 million, to our shareholders during the quarter,” Lars Stugemo concludes

HiQ’s President and CEO, Lars Stugemo, presents the report today, Wednesday 12 August at 09:00 CET, at HiQ’s head office (Regeringsgatan 20) in Stockholm. The report can be ordered by phone (+46 8 588 90 000) or downloaded from www.hiq.se

HiQ is required by Swedish law (the Securities Market Act and/or the Financial Instruments Trading Act) to publish this information. This information was released for publication at 07:30 CET on 12 August 2015.

For more information, please contact:

Lars Stugemo, President and CEO, HiQ, Tel. +46 8 588 90 000

Laura Manninen, acting Head of Corporate Communications HiQ,Tel. +46 734 481 317

HiQ helps to make the world a better place by making people’s lives simpler. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995 HiQ currently has 1,400 specialists in four countries and is listed on the Nasdaq Stockholm MidCap list. For more information and inspiration, please visit www.hiq.se

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