STOCKHOLM, Sweden, April 16, 2002 (PRIMEZONE) -- Cyber Com:
-- Q1 2002 sales reached SEK 102.8 (109) million - nearly the same
as the comparable 2001 period.
-- Operating income before goodwill was SEK 7.2 million or
7.1% (10.1%).
-- Goodwill write-offs reached SEK 3.2 million, so operating profit
was SEK 4 million, which yields a 3.9% operating margin.
"We developed an effective sales organisation," said Mats Alders CEO for Cyber Com Consulting. "Strong relations with existing customers is one reason why we achieved such good results in a tough market situation. With the acquisition of Stratum in the U.K. and our Danish operation, we're building an international business area, which expands Cyber Com Consulting's customer base. And in the long term, this will affect the company's growth.
Cyber Com Consulting has been profitable since its launch in 1995.
See the appendix or visit www.cybercom.se for the entire report.
The following file is available for download:
www.waymaker.net/bitonline/2002/04/16/20020415BIT01520/wkr0002.pdf The full report
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