Strong growth and profitability in Q1 Period 1 January - 31 March 2007 compared with same period 2006: • Net sales: SEK 343m (233), an increase of 47 percent. • Operating profit: SEK 32m (21), an increase of 52 percent. • Profit after tax: SEK 32m (21), an increase of 52 percent. • Earnings per share: SEK 0.38 (0.32), an increase of 19 percent. • Cash flow from operating activities: SEK 21m (-1). • Acquisition of IQ Consulting Ltd in Manchester, thus creating local presence in the UK and strengthening Acando within Content Management. • Acquisition of Deva Management Consulting in Stockholm strengthens Acando's position within Management Consulting and Business Intelligence. • Formation of the subsidiary Acando Denmark A/S in Copenhagen strengthens our offering in the Öresund region. For further information, please contact Lars Wollung, President & CEO Tel: +46 8-699 73 09 Per Killiner, CFO Tel: +46 8-699 74 06
Strong growth and profitability in Q1
| Source: Acando AB