Stockholm, Sweden, 2016-11-18 08:00 CET (GLOBE NEWSWIRE) --
Increased earnings in the third quarter
Interim report January 1–September 30, 2016
- Net sales amounted to MSEK 771.3 (751.5). Adjusted for changes in foreign exchange rates, growth was 5 percent.
- Profit before tax decreased by 8 percent to MSEK 68.2 (73.8).
- Profit after tax decreased by 7 percent to MSEK 45.8 (49.1).
- Earnings per share decreased by 7 percent to SEK 2.46 (2.63).
Third quarter 2016
- Net sales amounted to MSEK 265.3 (248.6). Adjusted for changes in foreign exchange rates, growth was 8 percent.
- Profit before tax increased by 6 percent to MSEK 26.9 (25.3).
- Profit after tax increased by 9 percent to MSEK 18.2 (16.7).
- Earnings per share increased by 9 percent to SEK 0.98 (0.89).
Forecast
Our assessment remains unchanged, that full-year earnings will be in line with the preceding year.
For more information, please contact:
Michael Wallin
Head of Investor relations
BTS Group AB
E-mail: michael.wallin@bts.com
Mobile: +46 708-788 019
About BTS Group AB
BTS is a global professional services firm headquartered in Stockholm, Sweden, with some 500 professionals in 34 offices located on six continents. We focus on the people side of strategy, working with leaders at all levels to help them make better decisions, convert those decisions to actions and deliver results. At our core, we believe people learn best by doing. For 30 years, we've been designing fun, powerful experiences that have a profound and lasting impact on people and their careers. We inspire new ways of thinking, build critical capabilities and unleash business success. It’s strategy made personal.
We serve a wide range of client needs, including:
- Assessment centers for talent selection and development
- Strategy alignment and execution
- Business acumen, leadership and sales training programs
- On-the-job business simulations and application tools.
We partner with nearly 450 organizations, including over 30 of the world’s 100 largest global corporations. Our major clients are some of the most respected names in business: AT&T, Chevron, Coca-Cola, Ericsson, Google, GSK, HP, HSBC, Salesforce.com and Unilever.
BTS is a public company listed on the Nasdaq Stockholm and trades under the symbol BTS B.
For more information, please visit www.bts.com
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 is information that BTS Group AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on November, 18, 2016.
