Interim report January - June 2008

Interim report January - June 2008

Sales +107% to SEK 951.3 million (460.5)

EBIT +108% to SEK 89.0 million (42.8)

Profit +115% to SEK 50.8 million (23.6)

Profit per share SEK 2.19 (1.91)

9.4% operating margin EBIT (9.3%)

11.4% operating margin EBITDA (10.4%)


April - June 2008

Sales +63% to SEK 485.3 million (297.4)

EBIT +103% to SEK 44.6 million (22.0)

Profit +135% to SEK 24.2 million (10.3)

Profit per share SEK 1.02 (0.84)

9.2% operating margin EBIT (7.4%)

11.3% operating margin EBITDA (8.5%)


International expansion with doubled profit

“Cybercom has expanded significantly internationally and doubled its profit in a
short time. The company successfully integrated several key acquisitions while
continuing to develop its operations. We broadened our customer base and reduced
dependency on individual customers. Following our strong expansion in 2007 and
early 2008, Cybercom is now a significant player in the Nordic IT market. The
company's international operations are steadily growing, and more than 40% of
Cybercom's consultants now work outside Sweden.

Demand for Cybercom's services is favourable. Many business negotiations focus
on cutting costs. This trend gives Cybercom good opportunities for offering
global sourcing, i.e., outsourcing selected parts of companies' IT operations to
low-cost countries. Cybercom's proposition is based on a combination of local
presence and global delivery capacity; business-critical elements stay close to
the customer, while parts of production are relocated to low-cost countries. 

Cybercom's aggressive investments continue. In Q2 they included a substantial
investment in recruitment and training in China. Cybercom also opened an office
in Dubai to establish closer proximity to its customers in the region, where we
currently have around 70 consultants. Acquisition and integration of Nexus
Consulting was completed and Cybercom is now a leading consulting services
provider for information and IT security in the Nordics.   

Cybercom's strategy is firmly established. Integration of the acquired companies
is steadily forming a joint platform for the Group's products and services.
Joint sales activities in the new Cybercom are producing clear results and the
influx of orders is strong. I see major opportunities ahead.” 


Stockholm, 22 July 2008

Patrik Boman
President and CEO 



For more information, please contact:

Patrik Boman, president and CEO + 46 73 983 89 79
Per Jonsson, CFO + 46 70 770 46 22
Patrik Anshelm, acting IR and communications director + 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, manufacturing, media, banking and financial services, retail,
and the public sector. The Group employs about 1,900 persons and runs projects
worldwide. Cybercom has 27 offices in 11 countries. Cybercom was launched in
1995, and its share has been quoted on the OMX Nordic Exchange since 1999. Find
out more at: www.cybercomgroup.com.