Interim report January - March 2009

Interim report January - March 2009

• Sales rose by 7% to SEK 477.6 million (444.4)

• Active measures:
- Goodwill impairment loss of SEK 280 million
- Proposed new share issue of SEK 100 million
- Restructuring cost of SEK 29 million

• EBITDA margin of 9.6% (11.6%) for operating activities   

• EBITDA margin of 3.6% (11.3%) 

• EPS loss for entire operation of SEK 10.63 (EPS of 1.17)


Sound operating activities
“In Q1 2009 Cybercom adapted its operation to today's market conditions. We
acted quickly and implemented several measures to reinforce Cybercom's
competitive strength and to focus on long-term growth. We're streamlining our
company structure and adapting the Finnish and Swedish operations, and we made a
goodwill impairment loss of SEK 280 million.

We're proposing a new share issue to enable Cybercom to continue its global
market expansion. Part of the share issue will be used to adapt our capital
structure and fortify Cybercom's long-term financial position. In the past two
years Cybercom grown significantly abroad; our attractive global sourcing model
meets our customers' demands for greater accessibility and cost-effective
solutions. Following its 2007-2008 expansion, Cybercom is now a key player in
the Nordic IT market. We have a broad customer base and an established presence
in expanding markets. The financial strength gained through a share issue gives
us more potential to pursue business prospects that arise in today's market
situation. 

Cybercom is signing many interesting new agreements, and we extended several of
our outsourcing assignments. Sales in Q1 rose compared to the same period in
2008, despite the current challenging market. We signed several frame agreements
(master contracts) with new customers, which create good future opportunities.
We made several important business deals with existing customers. Cybercom
delivers world-class services, and operating activities displayed a 9.6% EBITDA
margin for Q1. 

Today's market holds many challenges, but also exciting opportunities. Cybercom
is an international company with a strong Nordic platform. The global economic
downturn affects the Nordic IT services market and thus also our operations,
while Cybercom's international operations strengthen the company - such as
through good growth in Singapore and India. We've come a long way in our
development of a new international Cybercom and in building a geographic
organisation based on long-term goals. We are convinced that globalisation will
play a key role in the future, and we will continue to develop the company in
line with our strategy.” 


Stockholm, 21 April 2009
Patrik Boman
President and CEO 


For more information, please contact:

Patrik Boman, president and CEO +46 73 983 89 79
Odd Bolin, CFO +46 70 428 31 73
Kristina Cato, IR and communications director	+46 70 864 47 02


About Cybercom
The Cybercom Group is high-tech consultancy that offers global sourcing for
end-to-end-solutions. The Group is a world-class supplier in security, portal
solutions, mobile solutions, embedded systems, and telecom management. Thanks to
its extensive knowledge and broad industry experience, the company can offer
strategic and technical expertise in these markets: telecom, industry, media,
the public sector, retail, and banking and financial services. Cybercom's
consultants have projects around the world, and the company has 24 offices in 10
countries. Since 1999, Cybercom's share has been quoted on the NASDAQ OMX
Stockholm exchange (Small Cap). The company was founded in 1995.