Cybercom's board took the same decision as for the 2006 financial year, i.e., it proposed to the AGM that no dividends are issued for the 2007 financial year. The board also revised a financial objective. Cybercom's board took the same decision as for 2006 and is not recommending to the AGM an appropriation of dividend for the 2007 financial year. The board believes that considerable potential exists for continued growth on existing and new markets and for developing the company into an international IT consultancy with global delivery capacity."In 2007, Cybercom delivered its highest profit ever," says Patrik Boman, president and CEO. "auSystems and Plenware integration is going as planned. Now we're accelerating efforts to develop and strengthen our concept and position. We are making several investments for entering the next expansion phase, which provide conditions for long-term growth and excellent profitability." The Group's financial objectives are: 15% organic growth, on average over one business cycle (unchanged) and a 13% operating margin (revised) for the long term. Find out more, contact: Wigon Thuresson, board chairman, Cybercom Group, +41 79 844 14 15 Patrik Boman, president and CEO, Cybercom Group, +46 73 983 89 79 Patrik Anshelm, acting IR and communications manager, Cybercom Group,+46 70 971 12 84 About Cybercom The Cybercom Group is a high-tech consultancy that offers global sourcing for end-to-end solutions. The Group established itself as a world-class supplier in these segments: portals, mobile solutions, embedded systems, e-commerce, and business support systems. Thanks to its extensive industry and operations experience, Cybercom can offer strategic and technological expertise to these markets: telecom, Internet, and media (TIM); banking and financial services; automotive; national defence; and the public sector. The Group employs about 1850 persons and runs projects worldwide. Cybercom has 27 offices in 11 countries. Since 1999, Cybercom's share has been quoted on the OMX Nordic Exchange. Find out more at: www.cybercomgroup.com.
Cybercom's board took the same decision as for the 2006 financial year, i.e., it proposed to the AGM that no dividends are issued for the 2007 financial year. The board also revised a financial objective.
| Source: Cybercom Group Europe AB