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HiQ AND ASCOM WIRELESS SOLUTIONS SIGNS NEW FRAMEWORK AGREEMENT

HiQ signs a new framework agreement with Ascom Wireless Solutions, specialists on wireless internal communication in health care organizations.

The agreement covers services within such areas as software development and quality assurance, and it applies through the end of 2013.

"We are very pleased with HiQ's work and have had a strong partnership with them for many years. With this new agreement we are looking forward to continued fruitful collaboration," says Ralf Kihl, Framework Agreement Manager at Ascom Wireless Solutions R&D. 

Ascom Wireless Solutions is a global leader in wireless on-site communication in the health care area, simplifying the exchange of information between systems, staff and patients. The solutions are customized to meet customer needs through a combination of nurse call, cordless phones and pagers, integrated with different hospital systems. 

"Ascom Wireless Solutions and HiQ have had a strong partnership since 2005. The newly signed framework agreement is a sign of confidence in HiQ and a confirmation that we have a satisfied customer. We feel inspired to continue working with Ascom Wireless Solutions, and provide expert competence and services," says Jerker Lindstén, Managing Director of HiQ in Gothenburg.

For nearly 20 years HiQ has provided clients with know-how and innovative solutions in the area of communication.

”HiQ has extensive experience in telecom and we are passionate about developing solutions that improve and simplify people’s lives. In the collaboration with Ascom Wireless Solutions we have the privilege to work with exactly that and the extended confidence makes us proud, says Lars Stugemo, President and CEO at HiQ.

Lars Stugemo
Lars Stugemo President and CEO HiQ International +46 8 588 90 000
Jerker Lindstén
Jerker Lindstén Managing Director HiQ Gothenburg +46 76 880 06 00
Erik Ridman
Erik Ridman Head of Communications HiQ International +46 70-750 80 60 +46 8-588 90 000

HiQ partners with new WRC star Pontus Tidemand

Rally Sweden 2019 will start with only one Swedish driver in the highest World Rally Championship (WRC) class. Pontus Tidemand is aiming high in his new Ford Fiesta WRC for the British team M-Sport — and he is doing it with his new partner, HiQ.
“This is definitely the competition you wait for the whole year and it’s a childhood dream that comes true every time I’m at the starting line. And now it’s extra fun to do it together with HiQ,” says Tidemand.

HiQ becomes digital partner of Swedish Automobile Sports Federation

HiQ is initiating a collaboration with Svenska Bilsportförbundet, the Swedish Automobile Sports Federation. HiQ will support the federation in its efforts to develop digital solutions, systems and services that improve and simplify life for motorsport enthusiasts throughout Sweden.
“Being involved with motorsport is a perfect fit for us. It’s a form of competition that can use innovative solutions to make a big difference. We have had several collaborative projects over the years, and the drivers, teams and the entire sport have also helped us evolve as a company,” says Erik Ridman, Head of Communications at HiQ.

HiQ – strong cash flow and increased dividend

Net sales in 2018 total SEK 1,852.7 (1,787.9) million, an increase by 4 percent. Operating profit (EBIT) for the period amounts to SEK 196.5 (214.4) million. During the fourth quarter net sales increase by 3 percent to SEK 507.1 (494.7) million and operating profit (EBIT) amounts to SEK 61.2 (62.4) million. Our financial position is strong. Cash flow during the year amounts to SEK 167.4 (164.1) million and we have SEK 183.5 (205.1) million in liquid assets. At the end of the quarter, we are 1,629 employees at HiQ.
“Overall, full-year sales are higher than ever before despite a temporary slowdown in Finland in the first quarter and in Östergötland in the second quarter. In Gothenburg we did not meet our expectations in terms of earnings during the year. Therefore we have taken actions and made changes that has been starting to give effect during the fourth quarter. In general, the market saw healthy demand in 2018,” says Lars Stugemo, President and CEO HiQ.
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