YEAR-END REPORT 2009 2009 compared to 2008 • Net sales amounted to SEK 1,436m (1,611), a decrease of 11 percent compared to last year. • Operating profit excluding restructuring costs of SEK 20m from the first quarter was SEK 86m (152), a decrease of 43 percent. Operating profit including restructuring costs was SEK 66m (152), a decrease of 56 percent. • Profit after tax amounted to SEK 62m (168), a decrease of 63 percent. • Cash flow from current operations was SEK 52m (192), a decrease of 73 percent. • Group cash and cash equivalents as at 31 December 2009 amounted to SEK 105m (181), a decrease of 42 percent compared to 31 December 2008. • Earnings per share after dilution, excluding restructuring costs of SEK 20m, were SEK 1.07 (2.15), a decrease of 50 percent. Earnings per share after dilution, including restructuring costs, were SEK 0.80 (2.15), a decrease of 63 percent. • The Board of Directors intends to propose to the Annual General Meeting of Shareholders to declare a dividend of SEK 0.50 per share, corresponding to a total of around SEK 38m. Fourth quarter 2009 compared to fourth quarter 2008 • Net sales amounted to SEK 351m (438), a decrease of 20 percent compared to last year. • Operating profit was SEK 20m (47), a decrease of 57 percent. • Profit after tax amounted to SEK 20m (50), a decrease of 60 percent. • Earnings per share after dilution were SEK 0.26 (0.65), a decrease of 60 percent. For further information, please contact: Carl-Magnus Månsson, MD and CEO +46 8 699 7377 Lotta Jarleryd, CFO +46 8 699 7414 Acando Acando is a consultancy company that in partnership with its clients identifies and implements sustainable business improvements through information enabled by technology. Acando provides a balance of high business value, short project times and low total cost. Acando's annual turnover exceeds EUR 135 million and the Group employs approximately 1,100 professionals in six European countries. Acando is listed at NASDAQ OMX Nordic. Acando's corporate culture is based on three core values: Team spirit, Passion and Results.
YEAR-END REPORT 2009
| Source: Acando AB