STOCKHOLM, Sweden, Oct. 24, 2002 (PRIMEZONE) -- Intentia (Other OTC:IAIN):
- Cash flow continued to improve during the traditionally weak third quarter, while license and consulting revenue declined
-License revenue fell by 9 percent to SEK 223 million (246) in July - September and by 2 percent to SEK 741 million (758) in January - September.
- License orders received declined by 18 percent to SEK 141 million (173) in July - September and by 14 percent to SEK 637 million (740) in JanuarySeptember.
- Consulting revenue fell by 14 percent to SEK 524 million (608) in July - September and by 3 percent to SEK 1,862 million (1,922) in January - September.
- Operating earnings totaled SEK 77 million (2) in July - September and SEK 104 million (6) in January - September.
The continued improvement in capital efficiency had a positive impact on cash flow. Operating cash flow increased to SEK 8 million (154) in July - September and SEK 89 million (49) in January - September. Cash flow after investing activities rose to SEK 44 million (214) in July - September and SEK 129 million (250) in January - September.
The current state of the market has led to heightened uncertainty. For the full year, we expect license revenue in line with 2001 and an operating profit.
The full Interim Report including tables is available to download from the enclosed link: http://reports.huginonline.com/878535/109281.pdf