STOCKHOLM, Sweden, April 24, 2003 (PRIMEZONE) -- BTS Group AB (Other OTC:BGPBF) (Stockholm:BTSb):
During the first quarter, net turnover rose by 15 percent, totalling MSEK 37.2 (32.2) Adjusted for changes in exchange rates, growth totalled 31 percent
-- The operating result amounted to MSEK -1.6 (-10.6)
-- The result before tax amounted to MSEK -1.1 (-10.2)
-- Earnings per share for the period totalled SEK -0.13 (-1.18)
-- On a rolling twelve-month basis;
-- net turnover totalled MSEK 177.1 (189.8)
-- the operating result totalled MSEK 17.4 (8.5)
-- the operating margin was 10 per cent (4).
-- New customers acquired during the quarter included Aetna, Ford,
Previa, Sony Electronics and Xerox
-- A significant reference project in the field of Web-based simulations
was delivered to Nokia
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.
Stockholm, April 24, 2003
Henrik Ekelund, Managing Director
Open telephone meeting with Henrik Ekelund on Thursday, April 24, 13.30-14.30. Phone: +46 8 598 001 04.
For additional information, please contact: Henrik Ekelund, CEO (+46 733-500 150) Stefan Brown, CFO (+46 8-58 70 70 00) or visit our Web site at www.bts.com
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