BTS Group Ab (publ) Year-end Report January 1 - December 31, 2007
Continued good growth in revenue and earnings
January - December 2007
• Net turnover increased by 38 per cent during the year and amounted to MSEK
523.2 (379.1). Adjusted for changes in exchange rates, growth was 47 per cent.
The organic growth for BTS, adjusted for changes in exchange rates, was 12 per
cent
• The operating profit before amortization on intangible assets (EBITA)
increased by 31 per cent to MSEK 88.3 (67.6)
• Profit after tax increased by 26 per cent to MSEK 48.8 (38.6)
• Earnings per share amounted to SEK 2.71 (2.18)
The fourth quarter
• Net turnover for the fourth quarter increased by 3 per cent to MSEK 135.9
(131.8) MSEK. Adjusted for changes in exchange rates, growth was 10 per cent.
• The operating profit before amortization on intangible assets (EBITA)
increased by 7 per cent to MSEK 24.6 (23.0)
• Profit after tax increased by 42 per cent to MSEK 16.5 (11.6)
Summary of BTS' and the market's development during the fourth quarter
• The market development on all of BTS' markets continued to be positive
• Cross-selling between BTS and the acquired companies APG and con-tinued to
increase
• There has been a good inflow of new customers during the year, in-cluding ABN
AMRO, Coop Norge, Essent, Harley-Davidson, Kimberly-Clark, Tyco Electronics,
Sony BMG, Waste Management, Marsh, Time Warner Cable, Euskaltel, Teva, NetJets,
Sandvik Mining and Palm Computer
• New offices were opened in Oslo and Singapore
Dividend
• The proposed dividend is SEK 1.20 (1.00) per share
Thomas Ahlerup
Senior Vice President
Investor and Corporate Communications
BTS Group AB
Direct +46-8-5870 7002
Mobil +46-768-966 300
E-mail thomas.ahlerup@bts.com
About BTS Group AB
BTS Group AB is the world's largest and most successful consulting and training
company within the segment of business simulations.
BTS supports executive management in corporate change processes and the
implementation of new strategies with the objective of creating a more
successful and profitable company. BTS delivers this through real life,
tailor-made business simulations.
BTS educates and trains not only executives and top managers but also entire
organisations so that they understand and have the ability to analyse the key
factors most important to the company in terms of supporting growth and
profitability.
The projects are managed as customised business simulations delivered as
e-learning solutions or as interactive seminars. In each case, individual
participants working as teams are given the opportunity to create their own
experiences and instantly see the result of their efforts by working in a
simulated environment where real-life corporate data and conditions apply.
All of this creates a highly efficient education process where business
strategies and objectives are transformed into action, which in turn leads to a
higher awareness of day-to-day business decisions affecting corporate
profitability and success. The overall result is measurable and sustainable
profit improvements.
BTS customers are often leading global corporations. Currently the BTS customer
list includes more than 25 of the world's 100 largest companies. During 2006 BTS
had a turnover of SEK 379.1 million and a result after tax of SEK 38.6 million.
Today BTS has approximately 200 employees in Sweden, Finland, Norway, UK, Spain,
Belgium, Switzerland, US, Australia, China and South Africa.
BTS is a publicly company on the Swedish Stock Exchange and trades under the
symbol BTS B
For more information on BTS go to www.bts.com
