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HiQ IN THE WINNING TELE2 ARENA TEAM

The event award "Gyllene Hjulet" (The Golden Wheel) for "Sponsorship of the Year" went to Tele2 for the work with Tele2 Arena, in which HiQ has been a partner in the development of an innovative communications solution.

"Gyllene Hjulet" is the Sponsorship & Event Association's annual award and the winners were announced at an award ceremony on 26 March. In the winning project Tele2 Arena

– "A world-class arena" Tele2 collaborated with Story design studio, PS Communication, Kurppa Hosk, North Kingdom, HiQ, Spotlight PR & Karlsson Svensson.

Congratulations to the entire team, great job!

Read more about the project and HiQ's work

All the winners of "Gyllene Hjulet"

Erik Ridman
Erik Ridman Head of Communications HiQ +46 70-750 80 60 +46 8-588 90 000
Magnus Gudéhn
Magnus Gudéhn HiQ Stockholm +46 70 420 00 82

Increased profit and strong cash flow for HiQ

Net sales for the first third quarters of the year are SEK 1 355.8 million. Operating profit for the same period is SEK 164.4 million. During the third quarter of the year, sales is SEK 390.2 (395.0) million, operating profit increases with 7.5 % to SEK 43.1 (40.1) million and operating margin increases to 11.0% (10.1%). Cash flow for the first three quarters of the year amounts to SEK 183.0 million and liquid assets total SEK 150.5 million. During the second quarter, as announced earlier, we divested our holding in Westend Affärscentrum Oy, which is our former office space in Finland. The divestment generated a profit of SEK 22.8 million.
“During the third quarter, the profit, margin and cash flow are growing, during a seasonally weak quarter with lots of holidays and little time available. In comparison with the three first quarters previous year, we increase revenue, net profit, margin and cash flow”, says Lars Stugemo, President and CEO of HiQ.

Invitation to the presentation of HiQ’s interim report at 9.00 a.m. on 24 October

HiQ‘s interim report for January-September 2019 will be presented at 9.00 a.m. on Thursday 24 October at HiQ’s 7th floor office at Katarinavägen 15 in Stockholm.

HiQ broadens its collaboration with Saab

HiQ is expanding its collaboration with defence group Saab. In addition to several ongoing research and development agreements, HiQ has now also signed a framework agreement for IT services.
"Saab is a valuable client that we have worked with ever since HiQ was founded in 1995. We are delighted that they value our efforts so much that they are making us an even more complete supplier,” says Lars Stugemo, President and CEO of HiQ.

 
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