PSI Group ASA delivers record high operating revenues and EBITDA
Good underlying operations, and successful acquisitions results in record high operating revenues and EBITDA.
Operating revenues:
4th quarter 2014: MNOK 252.2 (188.5) + 33.7 per cent
Year 2014: MNOK 828.5 (718.9) + 15.3 per cent
EBITDA:
4th quarter 2014: MNOK 26.8 (15.5) + 72.9 per cent
Year 2014: MNOK 61.0 (54.2) + 12.6 per cent
The board will propose a dividend of NOK 0.35, an increase of 17 % compared to previous year.
Based on a conservative assessment, and in accordance with IFRS, the intangible assets in SQS Security has been written off with MNOK 32.4 from MNOK 39.1 to MNOK 6.7. The impairment has no cash effect.
About PSI Group
PSI Group's mission: Driving Retailers' productivity by providing innovative integrated technology solutions.
PSI Group's vision: Becoming a recognized global provider of Retail Technology Solutions.
PSI Group has it's headquarter in Rælingen and has approximately 570 employees. The company is listed on the Oslo Stock Exchange. See www.psigroup.no for further information.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
