HiQ International: Interim Report January – March 2014

STOCKHOLM, Sweden--()--Regulatory News:

INCREASED PROFIT AND IMPROVED MARGIN

JANUARY – MARCH 2014

  • Net sales increase and total SEK 348.6 (340.4) million
  • Operating profit (EBIT) of SEK 36.1 (34.4) million; operating margin of 10.3 per cent
  • Pre-tax profit of SEK 36.1 (34.3) million
  • Profit after tax of SEK 27.8 (25.1) million
  • Earnings per share of SEK 0.53 (0.48)
  • Cash flow from operations of SEK 23.2 (28.4) million
  • Liquid assets of SEK 227.1 million

SIGNIFICANT EVENTS DURING THE FIRST QUARTER 2014

  • Annual General Meeting decides on a shareholders’ dividend of SEK 2.60 per share, approximately SEK 137 million
  • HiQ wins significant assignment for SAS, concerning business critical crew management systems
  • HiQ makes Facebook accessible for deafblind people with the development of the web solution “Fejjan för alla” for The Swedish Post and Telecom Authority
  • HiQ helps Volvo Cars with the technology for Roam Delivery, which allows customers to have goods delivered straight to the trunk of their connected car
  • HiQ develops the mobile bank S-mobiili for the Finnish S Group and strengthens its position as a leader within mobile banking solutions
  • HiQ wins framework agreement with Systembolaget
  • HiQ simplifies the rock artist Dregen’s communication with a new digital solution
  • HiQ simplifies work for the travel guides at Fritidsresor and TUI Nordic, with the development of a new mobile web solution
  • HiQ helps the city of Helsinki to simplify the distribution and usage of open data
  • HiQ launches a new issue of the acknowledged HiQ Magazine  

EVENTS AFTER THE END OF THE PERIOD

  • HiQ wins framework agreement with The Federation of Swedish Farmers and creates digital learning aids for middle school children
  • HiQ helps Varma, Finnish leader within earnings-related pension, to simplify working capacity management through new web services

HiQ is required by Swedish law (the Securities Market Act and/or the Financial Instruments Trading Act) to publish the information in this interim report. This report was made public at 07:30 (CET) on 23 April 2014.

HiQ simplifies and improves people’s lives through solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices both in the Nordic countries and in Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se

This information was brought to you by Cision http://news.cision.com

Contacts

HiQ International
Lars Stugemo, +46 (0)8-588 90 000
CEO and President of HiQ
or
Laura Manninen, +46 (0)734-481 317
Acting Head of Corporate Communications, HiQ

Sharing

Contacts

HiQ International
Lars Stugemo, +46 (0)8-588 90 000
CEO and President of HiQ
or
Laura Manninen, +46 (0)734-481 317
Acting Head of Corporate Communications, HiQ