BTS Group AB (publ) Interim Report January 1 – March 31, 2007
5/3/2007 2:10 AM EST
Continued good growth in revenues and earnings
• Net turnover increased by 59 percent during the first quarter and amounted to MSEK 123.7 (78.0). Adjusted for changes in exchange rates, growth amounted to 72 percent.
• Earnings for the first quarter:
the operating profit increased by 24 percent to MSEK 15.5 (12.5)
the operating margin amounted to 13 (16) percent
the operating profit before amortization on intangible assets (EBITA) increased by 36 percent to MSEK 18.1 (13.3)
the operating margin before amortization on intangible assets (EBITA margin) amounted to 15 (17) percent
the profit before tax increased by 11 percent to MSEK 14.2 (12.8)
the profit after tax increased by 4 percent to MSEK 8.6 (8.3)
the earnings per share amounted to SEK 0.47 (0.47).
• New customers secured during the first quarter included Freescale, InBev, Kimberly-Clark, Palm Computer, Siemens and Sony BMG among others.
• The acquired units The Advantage Performance Group (APG) and The Real Learning Company (RLC) developed positively both with regard to earnings and sales synergies.