Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
* Net turnover increased by 1 percent during the nine-month period and amounted to MSEK 393.0 (387.3). Adjusted for changes in exchange rates, growth was 10 percent. * Operating profit before amortization on intangible assets (EBITA) decreased by 12 percent to MSEK 56.1 (63.7). * Profit after tax decreased by 3 percent to MSEK 31.3 (32.3). * Earnings per share amounted to SEK 1.74 (1.79).
Third quarter 2008 * Net turnover for the third quarter increased by 0.5 percent and amounted to MSEK 122.5 (121.9). Adjusted for changes in exchange rates, growth was 6 percent. * Operating profit before amortization on intangible assets (EBITA) decreased by 7 percent to MSEK 15.0 (16.1). * Profit after tax decreased by 1 percent to MSEK 7.7 (7.8). * Earnings per share amounted to SEK 0.43 (0.43).
Summary of BTS' and the market's development during the third quarter * Demand for BTS' services continued to be positive on all markets, apart from APG which developed negatively and experienced considerably weaker demand during the third quarter. * The negative change in BTS' earnings is mainly due to significantly lower sales in APG as well as a weakening of the USD and GBP, currencies of importance for BTS. * BTS' other operations have developed positively. * New clients secured during the nine-month period included Alcoa, ConocoPhilips, Deutsche Bank, National Foods Limited, Dell, Ogilvy & Mather, SAB Miller, Logica and PTT Thailand, among others.
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
