Interim report January-September 2011

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


  • 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)


  • 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


Fredrik Åkerman
Chief Financial Officer
and Acting CEO
Telephone: +46 8-558 059 35
Mobile: +46 704-15 23 65



Pia Törnqvist
Pia Törnqvist

Marknads- och kommunikationschef
+46 70 689 76 59

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