04.02.2014 07:47:00
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HiQ International: Year-End Report January – December 2013
Regulatory News:
JANUARY – DECEMBER 2013
- Net sales total SEK 1,305.1 (1,380.2) million
- Operating profit (EBIT) of SEK 138.9 (180.7) million; operating margin of 10.6 per cent
- Pre-tax profit of SEK 139.3 (181.4) million
- Profit after tax of SEK 107.1 (136.9) million
- Earnings per share of SEK 2.03 (2.60)
- Cash flow from operations of SEK 130.8 (146.3) million
- Liquid assets of SEK 207.3 (210.0) million
- The Board proposes to the Annual General Meeting that a dividend of SEK 2.60 per share is distributed to the shareholders, totalling approximately SEK 137 million
OCTOBER – DECEMBER 2013
- Net sales total SEK 348.3 (370.0) million
- Operating profit (EBIT) of SEK 40.5 (49.4) million; operating margin of 11.6 per cent
- Pre-tax profit of SEK 40.8 (49.2) million
- Profit after tax of SEK 32.0 (41.2) million
- Earnings per share of SEK 0.61 (0.78)
SIGNIFICANT EVENTS IN 2013
- HiQ wins many new framework agreements with, for example, ABB Finland, Ascom Wireless Solutions, the Swedish Enforcement Authority, the Swedish Tax Agency and Sveriges Television · HiQ wins a new framework agreement with Volvo Cars and creates a web-based support portal for the service Volvo On Call
- HiQ wins the assignment as strategic partner to Cramo
- HiQ creates a mobile betting service for Fintoto, that is awarded as "Best mobile service in Finland”
- HiQ simplifies tracking of material for the Swedish Defence Materiel Administration, using RFID technology
- HiQ renews the framework agreement with GTECH
- HiQ is the only company to receive contract award decision in all categories in Kammarkollegiet’s procurement covering IT consultant services
- HiQ creates new intranets for Finnish industrial group Kuusakoski and for the Finnish city of Oulu
- HiQ helps a world leading industrial group with digital learning
- HiQ develops sales support applications for Seco Tools
- HiQ is ranked as the best consultant company by computer and IT engineers in Ingenjörsbarometern
- HiQ-developed mobile service Swish, wins Guldmobilen as "Mobile Payment of the Year”
- Magnus Gudéhn is appointed new Managing Director of HiQ Stockholm
- Annual General Meeting elects Raimo Lind, former CFO and Vice President of the Finnish engineering group Wärtsilä Oyj, as a new member of HiQ’s board
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 4 February 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 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
This information was brought to you by Cision http://news.cision.com
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