Interim Report 1 January - 30 September 2003
10/23/2003 3:10 AM EST
· Net turnover during the nine-month period fell by 7 per cent to
MSEK 116.8 (125.3). Adjusted for the effects of currency exchange rates,
however, turnover has increased by 5 per cent.
· Results for the nine-month period:
· operating result of MSEK 3.6 (-1.7)
· result after tax of MSEK 3.6 (-0.5)
· earnings per share of SEK 0.61 (-0.08)
· During the third quarter,
· net turnover totalled MSEK 38.4 (34.4)
· the operating result totalled MSEK 2.1 (-2.4)
· the result after tax was MSEK 1.7 (-1.4)
· The growth in the customer base continued satisfactorily during
the third quarter. New customers included Autodesk, BMW, DHL, Honda,
ING, KLA-Tancor and Toyota.
· BTS has acquired the Spanish company I-Simco S.L.
BTS Group AB is an international consultancy and training company active
in the field of business acumen. BTS uses tailor-made business
simulations to support company managers in implementing change and
improving profitability. BTS solutions and services train the entire
organisation to analyse and to take decisions centred on the factors
that promote growth and profitability. This generates increased emphasis
on profitability and market focus, and supports day-to-day decision-
making, which in turn leads to tangible, sustainable improvements in
profits. BTS customers are often leading major companies.
Turnover
During the nine-month period, BTS' net turnover fell by 7 per cent and
amounted to MSEK 116.8 (125.3). Adjusted for the effects of currency
exchange rate changes, however, turnover increased by 5 per cent
compared to the corresponding period in 2002.
Upcoming reports
Year end report 2003 11 February 2004
Stockholm, 23 October 2003
Henrik Ekelund
Managing Director
*Open telephone meeting with Henrik Ekelund on Thursday, 23 October,
14.00-15.00. Tel. +46 8-598 001 04
For additional information, please contact:
Henrik Ekelund, Managing Director (+46 733-500 150)
Stefan Brown, CFO (+46 8-58 70 70 00)
or visit our Web site at www.bts.com
BTS Group AB
Grevgatan 34
114 53 Stockholm
SWEDEN
Company reg. no. 556566-7119
Tel. +46 8 58 70 70 00
Fax: +46 8 58 70 70 01
www.bts.com