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Interim report January-September 2011

The Group as a whole achieved a continued stable operating margin and a strong cash flow for the period.

July-September

  • Revenue of SEK 1,038 million (1,015) 
  • Operating profit (EBITA) of SEK 110 million (133) 
  • Operating margin (EBITA) of 10.6 per cent (13.1) 
  • Cash flow from operating activities of SEK -4 million (43)

January-September

  • Revenue of SEK 3,144 million (3 288) 
  • Operating profit (EBITA) of SEK 341 million (376) 
  • Operating margin (EBITA) of 10.9 per cent (11.4) 
  • Cash flow from operating activities of SEK 222 million (234)

Key events during the period

  • Organic growth of -2 per cent
  • Continued healthy growth and earnings trend in Credit Solutions. Very weak development in Marketing Solutions and, as anticipated, lower sales of SPAR-related services
  • Strong cash flow from operating activities
  • Market positions in the Central European and Nordic strengthened through acquisitions
  • Streamlining of operations through the sale of Pointer in Sweden and Anopress in the Czech Republic
  • After the end of the period, Lars Pettersson was appointed new CEO after the resignation of Johan Wall. CFO Fredrik Åkerman has been appointed as Acting CEO

Contact:

Fredrik Åkerman
Chief Financial Officer
and Acting CEO
Telephone: +46 8-558 059 35
Mobile: +46 704-15 23 65
E-mail: fredrik.akerman@bisnode.com

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FOR MORE INFORMATION, CONTACT:

Pia Törnqvist
Pia Törnqvist

Marknads- och kommunikationschef
+46 70 689 76 59
pia.tornqvist@bisnode.com

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