BTS Group AB
Unchanged earnings during third quarter
BTS Group AB 07.11.2013 08:02 --------------------------------------------------------------------------- Stockholm, Sweden, 2013-11-07 08:02 CET (GLOBE NEWSWIRE) -- 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. News Source: NASDAQ OMX 07.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: BTS Group AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0000805426 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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