SweFör Sverige i tiden
EngGod save the Queen
FinTorilla tavataan!

THE NOMINATION COMMITTEE OF HiQ PROPOSES SUSANNE EHNBÅGE AS NEW BOARD MEMBER

The Nomination Committee of HiQ has resolved to propose the Annual General Meeting 2018 to elect Susanne Ehnbåge as new Board member.

Susanne Ehnbåge, born1979, is currently President and CEO of the Netonnet Group but will during 2018 take over as CEO of Lindex. The Nomination Committee’s view is that Susanne Ehnbåges’ skills will strengthen the Board, not least through her experiences in transformation to more online-based sales.

"We are very happy that Susanne has accepted to be a part of the HiQ Board. Susanne will with her competences further strengthen an already strong and well-functioning Board”, says Joachim Spetz, chairman of the Nomination Committee.

HiQ’s Nomination Committee has the following members: Joachim Spetz (Swedbank Robur fonder), Maria Rengefors (Nordea fonder), Johan Strandberg (SEB Investment Management) and Gunnel Duveblad (Chairman of HiQ).

Erik Ridman
Erik Ridman Head of Communications HiQ +46 70-750 80 60 +46 8-588 90 000
Joachim Spetz Chairman of the Nomination Committee HiQ 46 70-694 29 79

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.

 
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