SweFör Sverige i tiden
EngGod save the Queen
FinTorilla tavataan!

JOHANNA FAGRELL KÖHLER RESIGNS FROM HiQ’S BOARD OF DIRECTORS

Johanna Fagrell Köhler, Director of the Board of HiQ International AB, has announced that she will be leaving the company’s Board with immediate effect after having accepted an operational role in another company.

“Johanna Fagrell Köhler has been a member of HiQ’s Board of Directors since 2011 and has through her long experience in digitalisation and entrepreneurship provided valuable knowledge and experiences to HiQ’s operations. In her new operative role Johanna will naturally no longer be able to commit herself to her work as a member of HiQ’s Board of Directors. We send warm thanks for her commitment to HiQ and wish her all the best for the future”, says Gunnel Duveblad, Chairman of HiQ International AB.

 

This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on 2 January 2018.

Gunnel Duveblad
Gunnel Duveblad Chariman HiQ International +46 8 588 90 000
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

Sales for the first half of the year increase to SEK 965.5 million. Operating profit for the same period increases to SEK 121.4 million. In the second quarter of the year, sales increase to SEK 477.2 million. Cash flow for the first half of the year amounts to SEK 137.3 million and liquid assets total SEK 110.3 million. This means that our financial position remains strong. During the 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.

“As usual, the second quarter is seasonally weak with extra days off and leave. This year even more challenging compared to last year’s second quarter, with significantly less time. All in all, the first half of the year we deliver strong earnings in Finland, while in Sweden we do not live up to our expectations. To some extent, developments in Sweden were affected by weaker demand from the public sector and locally in the telecom sector in Blekinge,” says Lars Stugemo, President and CEO of HiQ. 

Invitation to the presentation of HiQ’s interim report at 9.00 a.m. on 16 July

HiQ‘s interim report for January-June 2019 will be presented at 9.00 a.m. on Tuesday 16 July at HiQ’s 7th floor office at Katarinavägen 15 in Stockholm.

Change in number of outstanding shares in HiQ during June

As of 28 June 2019 the number of outstanding shares and votes in HiQ International AB amount to 55 842 087 shares, following an increase of the number of shares and votes in June by 2 500.
Show me all the glorious news!

Hello!

HiQ saves information submitted, including personal data, so we can respond to your inquiry. See HiQ’s Privacy Policy for more information.

Close