Net sales in the first half of the year total SEK 694.8 (684.4) million.
Operating profit (EBIT) is SEK 66.3 (71.1) million, which is equivalent to a
margin of 9.5 per cent. Liquid assets total SEK 119.8 million.
“HiQ continues to grow and we are now more employees than ever before. We
perform a solid result in a seasonally challenging quarter and we keep on
winning new assignments and framework agreements. It’s gratifying to note that
we have a strong financial position and that we distributed a dividend of SEK
2.60 per share, approximately SEK 137 million, to our shareholders during the
second quarter,” says Lars Stugemo, President and CEO of HiQ.
The digital and mobile development is creating endless possibilities and the
demand for functioning IT solutions has never been stronger. Vast experience and
profound know-how makes HiQ a given partner to companies and organisations for
whom IT has become a critical factor. During the second quarter, HiQ for example
wins a business critical assignment with Finnair, with the task to help the
airline company with development, support and operation of critical systems.
“IT will continue evolving into an even bigger and more natural part of our
lives, around the clock and whether you are 3 or 103 years old. With strong
finances, creative clients, and skilled employees we look forward to continue
being a leading player in the development that is simplifying people’s everyday
lives,” Lars Stugemo concludes.
HiQ’s President and CEO, Lars Stugemo, presents the report today, Tuesday 12
August at 09:00 CET, at HiQ’s head office (Regeringsgatan 20) in Stockholm. The
report can be ordered by phone (+46 8 588 90 000) or downloaded from www.hiq.se
HiQ is required by Swedish law (the Securities Market Act and/or the Financial
Instruments Trading Act) to publish this information. This information was
released for publication at 07:30 CET on 12 August 2014.
For more information, please contact:
Lars Stugemo, President and CEO, HiQ, tel. +46 8 588 90 000
Laura Manninen, acting Head of Corporate Communications HiQ, tel. +46 734 481
HiQ simplifies and improves people’s lives by using hi-tech solutions in
communications and software development. The company is a leader in these areas
and has the Nordic region as its home market. HiQ employs more than 1,300 staff
and has offices both in the Nordic countries and in Russia. HiQ is listed on the
NASDAQ OMX Stockholm Mid Cap List. For more information, please visit
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