BTS Group AB (publ) Interim report 1 January–30 September 2014

- Earnings up 16 percent in third quarter


Stockholm, Sweden, 2014-11-06 08:03 CET (GLOBE NEWSWIRE) --

1 January–30 September 2014

  • Net sales amounted to MSEK 537.2 (516.7). Adjusted for changes in foreign exchange rates, growth was 2 percent.
  • Profit before tax decreased by 1 percent to MSEK 52.0 (52.7).
  • Profit after tax was unchanged at MSEK 35.4 (35.4).
  • Earnings per share were unchanged and amounted to SEK 1.90 (1.90).

Third quarter 2014

  • Net sales amounted to MSEK 189.3 (164.7). Adjusted for changes in foreign exchange rates, growth was 8 percent.
  • Profit before tax increased by 16 percent to MSEK 20.5 (17.6).
  • Profit after tax increased by 12 percent to MSEK 14.1 (12.6).
  • Earnings per share increased by 12 percent to SEK 0.76 (0.68).

New clients during the first nine months include;

Anadarko, Diaverum, H.J. Heinz Company, Google, Hilton Hotels, Intuit, Lexmark International, Oppenheimer, Red Bull, Sharp, Telecom New Zealand, Thomas Cook and Twitter.

For more information, please contact:

Thomas Ahlerup

Senior Vice President

Corporate Communications and Investor Relations

BTS Group AB

Phone +46-8-5870 7002

Mobile +46-768-966 300

E-mail thomas.ahlerup@bts.com

About BTS Group

BTS is a world leading strategy implementation and execution firm. The company accelerates execution by ensuring the workforce is aligned to the strategy, has the right mindset, and has mastered the capabilities needed to deliver business results. BTS leverages customized business simulations and experiential learning initiatives to develop the business acumen, leadership and sales capabilities necessary for superior strategy execution. Partnering with today’s leading corporations, BTS consultants bring passion and deep industry expertise to deliver high-impact solutions that help clients achieve better results, faster. Headquartered in Stockholm, Sweden, BTS has more than 350 professionals in 31 offices located on six continents. Partnering with nearly 400 organizations, including more than 30 of the world’s largest corporations, BTS’s major clients are some of the most respected names in business: Anglo American, AT&T, Chevron, Coca-Cola, Ericsson, HP, Rio Tinto, Telefonica, and Unilever.

BTS Group AB revenues were MSEK 688 in 2013.

BTS is a public company listed on the NASDAQ-OMX Stockholm exchange and trades under the symbol BTS b.

For more information, please visit www.bts.com.

Please also visit our newsroom at http://www.mynewsdesk.com/se/bts

Disclaimer: Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation. This information has been disclosed according to the Financial Instruments Trading Act and/or Securities Trading Act.

 


Attachments

BTS_Q314_ENG_Final.pdf