Press Release
BTS Group AB (publ) Interim Report 1 January – 30 September 2011
Nov 09, 2011 07:24 GMTChanges in foreign exchange rates and investments weighed on earnings
January 1–September 30, 2011
• Net turnover amounted to MSEK 494.5 (494.4). Adjusted for changes in foreign exchange rates, growth was 11 percent.
• Profit before tax decreased by 15 percent to MSEK 54.1 (63.5). Adjusted for changes in foreign exchange rates, earnings decreased by 2 percent.
• Profit after tax decreased by 14 percent to MSEK 35.6 (41.2).
• Earnings per share decreased by 14 percent to SEK 1.97 (2.28).
The third quarter 2011
• Net turnover amounted to MSEK 164.3 (173.3). Adjusted forcchanges in foreign exchange rates, growth was 4 percent.
• Profit before tax decreased by 18 percent to MSEK 17.3 (21.1). Adjusted for changes in foreign exchange rates, earnings decreased by 5 percent.
• Profit after tax decreased by 15 percent to MSEK 11.6 (13.7).
• Earnings per share decreased by 15 percent to SEK 0.64 (0.76).
Profit before tax for the full-year 2011 is expected to be in line with the preceding year which differs from the previous report as profit before tax is expected to be better than the preceding year.
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