BTS stands strong in a difficult market
* Net sales increased by 12 percent during the first quarter and
amounted to MSEK 137.4 (122.3). Adjusted for changes in exchange
rates, growth was -9 percent.
* Operating profit before amortization of intangible assets (EBITA)
increased by 4 percent to MSEK 14.1 (13.5).
* Profit before tax for the first quarter increased by 8 percent
and amounted to MSEK 10.9 (10.1).
* Profit after tax for the first quarter increased by 7 percent and
amounted to MSEK 7.2 (6.7).
* Earnings per share increased by 7 percent to SEK 0.40 (0.37)
* Demand for training and consultancy services weakened during the
first quarter compared to the previous year. Demand for BTS'
services has been better than the market as a whole, apart from
APG which continued to develop negatively during the first
quarter. More positive trends were noted on the US' market at the
end of the quarter.
* An office was opened in Bangkok, Thailand.
* New clients secured during the first quarter included Deloitte,
Fabege, HSBC, Indra, LRF, McDonalds, Munters and Sodexo, among
others.
