HiQ’S INTERIM REPORT JANUARY – SEPTEMBER 2018

”The market during the first three quarters of 2018 is characterized by good demand for our services, where we are well positioned within technology, design and communication.”

JANUARY – SEPTEMBER 2018
  • Net sales total SEK 1 345.6 (1 293.2) million, an increase of 4 per cent
  • Operating profit (EBIT) of SEK 135.3 (152.0) million – an operating margin of SEK 10.1 (11.8) per cent
  • Pre-tax profit of SEK 136.3 (151.2) million
  • Profit after tax of SEK 105.0 (117.2) million
  • Earnings per share, before dilution: SEK 1.89 (2.13)
  • Cash flow from operations: SEK 106.3 (112.7) million
  • Liquid assets of SEK 128.2 (154.6) million

JULY – SEPTEMBER 2018
  • Net sales total SEK 395.0 (369.3) million, an increase with 7 per cent
  • Operating profit (EBIT) is SEK 40.1 (38.5) million, equivalent to an operating margin of 10.1 per cent
  • Pre-tax profit of SEK 39.9 (38.3) million
  • Profit after tax of SEK 31.4 (29.6) million
  • Earnings per share, before dilution: SEK 0.56 (0.54)
  • Cash flow from operations of SEK 9.5 (-5.7) million


SIGNIFICANT EVENTS DURING THE FIRST THREE QUARTERS

Q3
  • HiQ launches partnership with Euro Finance in systems integration and the Frends integration platform
  • HiQ is selected by Yamaha Motor Europe to develop and launch the MyRide app
  • HiQ builds smarter homes together with Fortum
  • HiQ initiates system integration partnership with Aalto University in Esbo, Finland
  • HiQ wins national framework agreement with Kammarkollegiet in health care, schools and social welfare
  • HiQ initiates partnership with NORMA Group
  • HiQ receives an honourable mention in Fast Company’s Innovation by Design Awards for its prototype of a digital driving licence

Q1 & Q2
  • HiQ wins a framework agreement with ATG
  • HiQ wins a marketing framework agreement with a Nordic automotive manufacturer
  • HiQ initiates a partnership with Axis in Linköping
  • HiQ initiates collaboration with Hultafors
  • HiQ initiates a partnership with Nordax
  • HiQ expands its collaboration and delivers more teams to the Swedish Tax Agency
  • HiQ expands its collaboration with the innovative automotive industry and delivers more teams
  • HiQ continues to grow in e-health and to win new contracts, including Inera and SKL
  • HiQ develops a prototype for a digital driving licence for Trafi, the Finnish Transport Safety Agency
  • HiQ creates a VR experience for Volvo Cars
  • HiQ creates a unique restaurant experience at LEGO House
  • HiQ further develops the Skånetrafiken travel app
  • HiQ is chosen to become the communications agency for the Royal Swedish Opera
  • HiQ in Linköping acquires Indentive’s consultancy business
  • Susanne Ehnbåge is elected as new board member of HiQ International
  • The Annual General Meeting approves a shareholder dividend of SEK 3.30 per share, totaling approximately SEK 183 million
  • HiQ wins gold in the European Design Awards for its prototype of a digital driving licence and receives honourable mention in Fast Company’s Innovation by Design competition

SIGNIFICANT EVENTS AFTER END OF THE REPORTING PERIOD
  • HiQ wins framework agreement with Kammarkollegiet (Swedish Legal, Financial and Administrative Services Agency) for the southern region

 

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, at 07.30 CET on 25 October 2018.


Lars Stugemo
Lars Stugemo President and CEO 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

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