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Year-end report. May 1999 - April 2000
6/6/2000 7:36 AM EST
Connecta AB (publ)
Forecast exceeded - Continued strong growth and profitability
* Net sales rose 80% to SEK 419.3 M (232.3).
* Net sales per consultant was up 10% to SEK 1.2 M
1
* Operating profit increased 80% to SEK 60.7 M (33.8).
* Earnings per share amounted to SEK 2.56 (1.06)
* The number of employees increased during the period by 273, totalling
589 (316) at the end of the period.
Sales, earnings and financial position
Connecta's net sales during the fiscal year amounted to SEK 419.3 M, up
80% compared with the preceding fiscal year. Net sales during the year
exceeded the previously announced forecast by about SEK 20 M.
Operating profit before goodwill amortization and items affecting
comparability rose 80% to SEK 60.7 M (33.8), which was about SEK 6 M
higher than in the forecast released earlier. The operating margin, before
Pro forma 3-month Interim Report, January - March 2000
4/26/2000 10:21 AM EST
Connecta AB (publ)
In view of the planned merger between Connecta and Information Highway and
the ongoing application period for exchanging shares, Connecta has...
Ole Oftedal - partner and CEO of i2i-Venture
4/13/2000 1:52 PM EST
Ole Oftedal- partner and CEO of i2i-Venture
- Connecta/Information Highway and Skandia Investments' new venture
capital start-up
Ole Oftedal, CEO and...
Information Highway/Connecta expands on Europe's key market
3/21/2000 2:53 AM EST
- acquires Germany's berens/partner with 130 employees
Information Highway- the leading strategic business-to-business internet
consultant in Europe- has signed a...
Trading in Information Highway and Connecta shares stopped
3/20/2000 4:12 AM EST
After consultation with the OM Stockholm Stock Exchange's Market Issues
Committee, trading in Information Highway AB's and Connecta AB's shares on
the OM Stockholm Stock...
Connecta and Skandia Investment start venture company
3/14/2000 5:58 AM EST
Connecta and Skandia Investment KB are creating a joint-venture company
for investments in companies and concepts with Internet-related business
models. The two...
Interim Report, nine months, May 1999 - January 2000
3/14/2000 5:16 AM EST
Interim Report, nine months, May 1999-January 2000
Connecta AB (publ)
Continued strong growth and profitability
* Net sales rose 76% during the...
Connecta and Albatros Network A/S (Denmark) conclude agreement
3/14/2000 4:22 AM EST
Following the customary study of acquisition transactions, Connecta has
today signed a final agreement covering acquisition of Albatros Network
A/S, a Danish...
Information Highway and Connecta announce intention to merge to form one of Europe's leading internet consultancies
2/24/2000 3:10 AM EST
Not for release in or into the United States, Canada, Australia or Japan.
No offer is being made hereby to persons whose participation in the offer
requires that further...
Trading in Connecta and Information Highway shares stopped - new information will be released Thursday February 24, 2000
2/23/2000 8:25 AM EST
Trading in Connecta and Information Highway shares stopped - new
information will be released Thursday February 24, 2000
After consultation with the OM Stockholm...
Member of Parliament Ulf Kristersson joins Connecta
2/22/2000 3:09 AM EST
Ulf Kristersson, Swedish MP for Moderaterna (the Conservative party), has
been employed by the Internet consulting firm Connecta as manager of a
newly established...
Call options program for senior executives in Connecta
1/5/2000 3:56 AM EST
Some fifty senior executives in the Connecta Group are being offered the
opportunity to subscribe for a total of 250,000 call options in Connecta
AB, corresponding to...
Connecta signs agreement with Volkswagen
12/22/1999 8:57 AM EST
Connecta has landed a new customer, Svenska Volkswagen AB. Connecta will
develop new Internet services for the Audi, Volkswagen, Seat and Skoda
makes. The services...
Connecta - SAP's first dedicated e-commerce partner
11/15/1999 11:46 AM EST
SAP and Connecta today signed a strategic agreement regarding e-commerce co-
operation. The partnership with Connecta is part of SAP's new Internet
venture, mySAP.com....
Connecta denies merger talks
11/12/1999 3:54 AM EST
Connecta has released the following statement in response to the article that
appeared in the Finanstidningen business daily today (November 12) that cites
possible...
Interim Report May - October 1999
11/9/1999 2:49 AM EST
Interim Report May-October 1999 Connecta AB (publ)
Growth and profitability remain strong
*Net sales rose 82% during the period May-October 1999 to SEK 162.7...
Connecta's interim report to be released earlier than planned
11/5/1999 2:19 AM EST
Connecta's interim report for the six month period May to October will be
released November 9 due to an early approval by the board.
For additional information,...
Connecta signs an agreement with Kungsörnen for business development via the Internet.
10/19/1999 10:50 AM EST
Connecta signs an agreement with Kungsörnen for business development via the
Internet.
Connecta Industri AB has signed an agreement with Kungsörnen...
Connecta to acquire Itvision
10/14/1999 11:57 AM EST
Connecta today signed a signed a Letter of Intent covering the acquisition of
the Itvision Internet company. Itvision develops customized interactive
training programs,...
Connecta strengthens Group management
10/14/1999 10:38 AM EST
To strengthen Connecta in preparation for planned growth and expansion in
Sweden and internationally, the company's Board of Directors has approved
formation of a Group...
Connecta forming two new Internet companies
10/14/1999 10:33 AM EST
Connecta has decided to form two new companies to meet the sharply increasing
demand for Internet services:
* Connecta eTech, which will offer consulting service...
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