PSI Group ASA : Third quarter 2013 result


THE GROUP

The Group has in the period completed several transactions to realize the value in the group, as well as acquired new companies.

PSI Group ASA has acquired Etikett-Produsenten AS for MNOK 8.65 and Sydetikett AB for MSEK 40.0.

The Group generated operating revenues of MNOK 144.9 in the third quarter 2013, compared with MNOK 146.4 in the corresponding period in 2012 - a decrease of 1.0 per cent. In the first three quarters 2013 operating revenue was MNOK 530.5 compared with MNOK 408.0 in the first three quarters 2012.

Operating profit before depreciation (EBITDA) was MNOK 10.1 (MNOK 17.1) in the third quarter. In the first three quarters 2013 EBITDA were MNOK 38.6 compared with MNOK 25.3 in the first three quarters 2012.

Profit before tax (EBT) of MNOK 35.1 in the third quarter 2013, compared with MNOK 7.9 in the same quarter in 2012. In the first three quarters 2013 EBT were MNOK 49.3 compared with MNOK 0.8 in the first three quarters 2012. EBT for the quarter and so far this year includes a profit of MNOK 32.5 related to the sale of InStore IT companies.

About PSI Group
PSI Group is a leading global provider of the market's most reliable cash handling solutions and the leading systems integrator of retail technology solutions in Norway and Sweden.

PSI Group is headquartered in Rælingen (Norway) and has 326 employees in Scandinavia and Europe. The company is listed on the Oslo Stock Exchange.

For further information: www.psigroup.no

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)


Pièces jointes

PSI Group - 3rd quarter result PSI Group - 3rd quarter presentation