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HiQ'ERS AMONG THE WINNER AT HEALTH HACK ACADEMY

During the past weekend several HiQers took part in the Health Hack Aacademy competition , and they did it with flying colors.

The teams with HiQ members won two categories; Best Business Potential - "Increase quality of life for people with chronic diseases" and Best Business Potential - "Keeping people healthy". 

Congratulations to the winning teams! We are so proud that HiQ's consultants are part of contributing to a better world.

Read more about the event: http://healthhackacademy.se/

Below is one of the winning teams with (from the left) Victor Duran, Jonas Barkå, Sudip Kumar Das and Parag Deshpande, all from HiQ. They were announced as winners in the category "Increase quality of life for people with chronic diseases". HiQ's Joel Holmberg competed together with Hampus Sethfors and the duo won the "Keeping people healthy" category.

Erik Ridman
Erik Ridman Head of Communications HiQ +46 70-750 80 60 +46 8-588 90 000

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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