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BTS Group AB (publ) Interim report January 1–September 30, 2013

Press Release   •   Nov 07, 2013 10:58 CET

Unchanged earnings during third quarter

January 1 – September 30, 2013

  • Net turnover amounted to MSEK 516.7 (556.7). Adjusted for changes in foreign exchange rates, growth was –3 percent.
  • Profit before tax decreased by 16 percent to MSEK 52.7 (62.7).
  • Profit after tax decreased by 13 percent to MSEK 35.4 (40.8).
  • Earnings per share decreased by 16 percent to SEK 1.90 (2.26).

The third quarter 2013

  • Net turnover amounted to MSEK 164.7 (178.4). Adjusted for changes in foreign exchange rates, growth was –4 percent.
  • Profit before tax decreased by 0.3 percent to MSEK 17.6 (17.7).
  • Profit after tax increased by 7 percent to MSEK 12.6 (11.8).
  • Earnings per share increased by 5 percent to SEK 0.68 (0.65).

As previously announced, BTS completed the acquisition during the period of all the businesses in the Danish company Wizerize A/S. The acquisition creates new opportunities to offer digital-enabled solutions that are built on social and mobile platforms of the future, complementing our current range of products and services very well.

New clients secured during the first nine months included

Airbus, Banco Santander, Bankia, Belk Inc, Cepsa, DBS Bank, Genworth, Hempel, Hoerbiger, ITM Brazil, Novartis, TE Connectivity and Telefonica Mexico.

Outlook 2013

Considering that it takes more time to turn the trend in North America, profit before tax for the full-year 2013 is expected to be lower than the preceding year, which differs from the previous report when profit before tax was expected to be in line with the preceding year.


För ytterligare information vänligen kontakta:

Thomas Ahlerup

Senior Vice President

Corporate Communications and Investor Relations

BTS Group AB (publ)

Phone                                                     +46-8-5870 7002

Mobile                                                    +46-768-966 300

E-mail                                                      thomas.ahlerup@bts.com

 

 

About BTS Group

BTS is a world leading strategy implementation firm. The company accelerates execution by ensuring the workforce is aligned to the strategy, has the right mindset, and has mastered the capabilities needed to deliver business results. BTS leverages customized business simulations and experiential learning initiatives to develop the business acumen, leadership and sales capabilities necessary for superior strategy execution. Partnering with today’s leading corporations, BTS consultants bring passion and deep industry expertise to deliver high-impact solutions that help clients achieve better results, faster.

Headquartered in Stockholm, Sweden, BTS has more than 350 professionals in 29 offices located on six continents. Partnering with nearly 400 organizations, including more than 30 of the world’s largest corporations, BTS’s major clients are some of the most respected names in business: Anglo American, AT&T, Chevron, Coca-Cola, Ericsson, HP, Rio Tinto, Telefonica, and Unilever.

BTS is a public company listed on the NASDAQ-OMX Stockholm exchange and trades under the symbol BTS b.

BTS Group AB revenues were MSEK 770.7 in 2012.

For more information, please visit www.bts.com.

Disclaimer

Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.

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