INTERIM REPORT JANUARY - JUNE 2011

INTERIM REPORT JANUARY - JUNE 2011

CONTINUED STRONG GROWTH AND INCREASED PROFITS

JANUARY - JUNE 2011
• Net sales of SEK 652.6 (556.1) million, an increase of 17 percent from
last year
• Operating profit (EBIT) of SEK 87.1 (74.7) million, an operating
margin of 13.3 percent
• Pre-tax profit of SEK 88.0 (73.9) million
• Profit after tax of SEK 65.0 (53.1) million
• Earnings per share of SEK 1.24 (1.03)
• Cash flow from operations of SEK 46.3 (21.4) million
• Liquid assets of SEK 125.4 million
• On 28 April the Annual General Meeting approved a dividend of SEK 1.80
per share, totalling around SEK 94 million, in the form of a split and
compulsory redemption procedure
APRIL - JUNE 2011
• Net sales of SEK 326.5 (282.5) million, an increase of 16 percent from
last year
• Operating profit (EBIT) of SEK 38.0 (34.2) million, an operating
margin of 11.6 percent
• Pre-tax profit of SEK 38.5 (34.1) million
• Profit after tax of SEK 28.7 (24.7) million
• Earnings per share of SEK 0.55 (0.48)
• Cash flow from operations of SEK 16.6 (9.3) million
SIGNIFICANT EVENTS
• HiQ signs a framework agreement with Jeppesen Systems AB
• HiQ signs a one-year framework agreement with ICA with an option to
extend this annually
• HiQ signs a three-year agreement with the Finnish Radiation and
Nuclear Safety Authority (STUK)
• HiQ delivers an IP-TV portal for Dreampark AB
• HiQ signs a framework agreement with Region Västra Götaland (VGR)
• HiQ expands its role as IT provider to Empower, a multinational
services group operating in Finland, Sweden and the Baltic region
• HiQ and recycling company Kuusakoski jointly win an award for
Finland's best IT project in 2010
• HiQ develops a trading platform for one of the world's biggest
investment banks
• HiQ's Annual General Meeting appoints Johanna Fagrell Köhler to the
Board of HiQ
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
• HiQ signs a new SEK 13.1 million agreement with FMV (the Swedish
Defence Material Administration)