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HiQ WINS FRAMEWORK AGREEMENT IN KAMMARKOLLEGIET's PROCUREMENT

HiQ signs a framework agreement with Kammarkollegiet (The Legal, Financial and Administrative Services Agency) regarding system development.

The agreement is effective for two years with an option to extend for an additional two, and means that hundreds of Swedish authorities and public organisations can use HiQ as a supplier.

"We are proud and happy about this new framework agreement. The digitalisation of society affects all organisations at all levels, and we look forward to supporting that development with our know-how and experience, says Anders Nilsson at HiQ.

The agreement covers software and services used for system development and system administration. HiQ is one of seven vendors selected within the system development framework agreement, in which the total value is estimated to around SEK 400 million per year. The agreement can be used by, for example, public authorities, county councils and municipalities.

HiQ is an acknowledged partner in large and challenging IT projects. HiQ has helped many organisations within the public sector to streamline their operations.

"Our passion is to make people's everyday lives simpler and better. We have been doing it for 20 years and look forward to continue simplifying for everyone who are in contact with public authorities and organisations," says Lars Stugemo, President and CEO at HiQ.

Lars Stugemo
Lars Stugemo President and CEO HiQ International +46 8 588 90 000
Anders Nilsson
Anders Nilsson Managing Director HiQ Mälardalen +46 70 944 72 91
Erik Ridman
Erik Ridman Head of Communications HiQ International +46 70-750 80 60 +46 8-588 90 000

Increased profit for HiQ

Net sales during the first quarter increases with 3 percent and amount to SEK 488.3 (474.4) million. Operating profit for the same period amounts to SEK 55.1 (52.1) million, an increase with 6 per cent. HiQ’s financial position is solid. Cash flow during the quarter amounts to SEK 61.5 million and liquid assets total SEK 232.8 million. At the end of the quarter we are 1,601 employees at HiQ. The General Meeting decides a dividend of SEK 3.35 per share. A total of
SEK 187 million.

“Overall, earnings for the quarter are quite good. We are growing and profits are increasing. In Finland, the quarter is very strong. In Sweden, we do not reach our full potential. In Gothenburg, quarterly earnings are good, and we clearly see positive results from the measures we took last year. And as we proudly celebrate 20 years as a listed company, we have also done our 65th profitable quarter in a row. Since HiQ’s listing, we have delivered profit in 80 of 81 quarters,” says Lars Stugemo, CEO and President of HiQ.

Invitation to the presentation of HiQ’s interim report at 9.00 a.m. on 25 April

HiQ‘s interim report for January-March 2019 will be presented at 9.00 a.m. on Thursday 25 April at HiQ’s 7th floor office at Katarinavägen 15 in Stockholm.

HiQ helps Sixt launch a new service

As Sixt in Sweden launches Sixt Flex – a completely new service for mobility and long-term rental – it’s turning to HiQ to develop its new website.
“I’m thrilled and proud to gain the confidence of Sixt in Sweden to take part in launching this innovative service,” says Anna Kleine, Managing Director of HiQ Skåne.
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