MALMO, Sweden, April 27, 2005 (PRIMEZONE) -- Teleca:
Key figures Q1 2005 Q1 2004 Change
Net sales, SEK M 758 648 17%
Operating earnings
(EBIT), SEK M 38 33 16%
Earnings for the
period, SEK M 28 24 16%
Earnings per share,
SEK 0.44 0.39 13%
-- Organic growth 13% and total growth 17% in the first quarter.
Continued high growth in Asia at 86%.
-- Operating margins of consulting increased to 9% (6) in the
first quarter.
-- Continued good growth in Products at 42%. Costs for
reorganisation and increased efforts in sales have adversely
affected profits. Operating earnings was SEK -13.4 million
(1.0).
-- Product division has been strengthened with 150 staff and
product areas PC Connectivity and Popwire from Mobile Devices.
-- Teleca has reorganised with the aim of increasing regional
market penetration in Sweden.
-- Cash flow from current operations was SEK 23 million (15).
The board of directors' forecast for 2005
For the group: Continued increased sales and significantly higher operating earnings (EBIT). For Products: Significantly increased sales and operating earnings (EBIT).
Stockholm, April 27, 2005 Teleca AB (publ.)
For the Board of Directors
Forthcoming report dates
Interim Report January--June 2005: 21 July 2005 Interim Report January--September 2005: 21 October 2005 Year-end Report 2005: February 2006
Press and analyst conferences
Teleca will present a press release of unaudited earnings figures at 09.00 (CET) on 27 April 2005, at Operaterassen in Stockholm. The presentation will be in English. The presentation can also be heard via telephone, +46-856213706 (08-562 137 06), or via the Internet, www.teleca.se.
Teleca is an international telecom and IT services company focused on R&D that develops and integrates advanced software and information technology solutions. With in-depth expertise in the latest technology and profound industrial knowledge, Teleca helps technology- and software-intensive customers worldwide to strengthen their market positions and shorten their times to market. The company has more than 3,000 employees and operations in 16 countries in Asia, Europe and North America. Teleca is quoted on the Attract40 list of the Stockholm Stock Exchange. www.teleca.com
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