HiQ International: INTERIM REPORT JANUARY – JUNE 2014

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

GROWTH AND STRONG FINANCIAL POSITION

JANUARY – JUNE 2014

  • Net sales increase and total SEK 694.8 (684.4) million
  • Operating profit (EBIT) of SEK 66.3 (71.1) million; operating margin of 9.5 per cent
  • Pre-tax profit of SEK 66.6 (71.3) million
  • Profit after tax of SEK 51.5 (54.1) million
  • Earnings per share of SEK 0.98 (1.02)
  • Cash flow from operations of SEK 53.5 (69.8) million
  • Liquid assets of SEK 119.8 million

APRIL – JUNE 2014

  • Net sales increase and total SEK 346.2 (344.1) million
  • Operating profit (EBIT) of SEK 30.3 (36.8) million; operating margin of 8.7 per cent
  • Pre-tax profit of SEK 30.6 (37.0) million
  • Profit after tax of SEK 23.7 (28.9) million
  • Earnings per share of SEK 0.45 (0.55)
  • Cash flow from operations of SEK 30.3 (41.4) million

SIGNIFICANT EVENTS DURING THE FIRST HALF OF 2014

  • Annual General Meeting decides on a shareholders’ dividend of SEK 2.60 per share, approximately SEK 137 million
  • HiQ wins business-critical assignment and becomes strategic partner to Finnair
  • HiQ creates an innovative mobile service that helps the Gothenburg Symphony Orchestra to spread their concerts worldwide
  • HiQ is named partner to the Finnish Customs, with the task to ensure smooth transportation of goods
  • HiQ wins business-critical assignments for SAS and becomes strategic partner to the airline company
  • 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 creates “Facebook for deafblind people” for The Swedish Post and Telecom Authority
  • HiQ becomes digital partner to Stena Match Cup Sweden and boosts the event’s digital communication
  • HiQ wins assignment for Varma, the leader within earnings-related pension in Finland
  • HiQ develops the mobile bank solution S-mobiili for the Finnish S Group
  • HiQ wins framework agreement with Systembolaget
  • HiQ wins framework agreement with The Federation of Swedish Farmers and creates digital learning aids for middle school children
  • HiQ wins framework agreement with a leading industrial company concerning software development
  • HiQ improves Elektroautomatik’s digital presence and communication

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lars Stugemo, CEO and President of HiQ, tel. +46 (0)8-588 90 000

Laura Manninen, Acting Head of Corporate Communications, HiQ, tel. +46 (0)734-481 317

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 12 August 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
Peter Häggström, +46 (0)8 588 90 000
Head of Communications
http://www.hiq.se
info@hiq.se

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Contacts

HiQ International
Peter Häggström, +46 (0)8 588 90 000
Head of Communications
http://www.hiq.se
info@hiq.se