INTERIM REPORT JANUARY - SEPTEMBER 2010 GREATLY IMPROVED PROFITS AND GOOD GROWTH DURING THE QUARTER JANUARY - SEPTEMBER 2010 • Net sales of SEK 794.6 (778.9) million • Operating profit (EBIT) of SEK 108.4 (99.6) million, operating margin of 13.6 percent • Pre-tax profit of SEK 107.4 (99.0) million • Profit after tax of SEK 76.9 (71.9) million • Earnings per share of SEK 1.49 (1.39) • Cash flow from operations of SEK 18.2 (82.2) million • A dividend of SEK 1.10 per share, totalling around SEK 57 million, was paid to the shareholders in May in the form of a split and compulsory redemption procedure JULY - SEPTEMBER 2010 • Net sales of SEK 238.6 (208.7) million • Operating profit (EBIT) of SEK 33.7 (21.0) million, operating margin of 14.1 percent • Pre-tax profit of SEK 33.5 (20.9) million • Profit after tax of SEK 23.8 (14.8) million • Earnings per share amount to SEK 0.46 (0.29) SIGNIFICANT EVENTS • HiQ won a new contract to supply a leading global vehicle manufacturer with a production test system for Brazil • HiQ created a new e commerce system for JF Emballage • HiQ won a large new contract from GTECH for the development of gaming platforms for a leading gaming operator • HiQ ranked in the top 10 in Universum's annual survey of the most popular employers in Sweden • HiQ named IT Consultant of the Year 2010 in Veckans Affärer's survey • HiQ formed HiQ Finland by merging its two subsidiaries HiQ Softplan and HiQ Quality Services; Jukka Rautio is Managing Director of the new company, which employs nearly 200 people in the Helsinki region • HiQ won a large contract to build a new insurance and debt collection system for Trafikförsäkringsföreningen (Swedish Motor Insurers) • HiQ received a new order from FMV, the Swedish Defence Materiel Administration, worth SEK 14 million. The order pertains to maintain simulators for training fighting pilots for the JAS 39A Gripen • HiQ won a management contract for Orc Software For further information, please contact: Lars Stugemo, President and CEO of HiQ tel.: +46 (0)8-588 90 000 Fredrik Malm, CFO and head of IR HiQ tel. +46 (0)8-588 90 034, +46 (0)704 200 017
INTERIM REPORT JANUARY - SEPTEMBER 2010
| Source: HiQ International AB