Cybercom Group: Cybercom Group Year-end financial report


Cybercom Group Year-end financial report January - December 2006 * Sales +15% to SEK 535.8 million (466.4) * EBIT +47% to SEK 50.9 million (34.7) * Profit SEK 35.3 million (24.5) * Profit per share SEK 2.86 (2.08) * 10% operating margin from operating activities October - December 2006 * Sales +14% to SEK 149.5 million (131.0) * EBIT +52% to SEK 17.9 million (11.8) * Profit SEK 10.5 million (8.9) * Profit per share SEK 0.85 (0.75) * 14,5% operating margin from operating activities STRONGEST OPERATING PROFIT EVER "In 2006 we successfully managed Cybercom's operations - producing growth and profitability and making a major international investment in our offshore operation in India. We finished the year with a very robust quarter and surpassed our forecast. We're now setting a new financial goal with a 15% long-term margin. We will continue to supplement our organic growth with qualitative acquisitions. Our strategic choices of direction and goal-oriented work, focusing on telecom and selected technologies, have gradually produced results and reinforced the company. The strong rise in profit confirms that our strategy is right. We are an emerging niche consultancy with unique expertise that is in demand, and we will continue to grow in telecom. Also, demand enables us to expand toward other attractive markets. I am very positive about 2007; we have an excellent position for further growth, strong operational management and positive drive among our employees," says Peter Keller-Andreasen, Cybercom's acting president and CEO. For more information, please contact: Peter Keller-Andreasen, acting president and CEO of the Cybercom Group + 45 294 83 800 Kristina Svensson, IR- and communications manager + 46 708 644 702 Cybercom is a consulting company that offers business-critical IT solutions and consulting within telecom and selected technologies. With its extensive experience of the industry and business know-how, the company offers technological expertise in telecom for development of networks and terminals. Cybercom specialises in portals and mobile solutions, e-commerce and billing, embedded systems, and telecom management and networks. Cybercom was founded in Sweden in 1995; it has been quoted on the Nordic Exchange since 1999. The group has projects worldwide and offices in Denmark, India, Singapore, the UK, and Sweden. Cybercom currently employs 481 people. Find out more at www.cybercomgroup.com. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://wpy.waymaker.net/client/waymaker1/f.aspx?id=375478&fn=wkr0001.pdf The full report