STOCKHOLM, Sweden, Feb. 04, 2005 (PRIMEZONE) -- BTS Group:
-- Net turnover during the year increased by 27 per cent to MSEK 205.9
(162.2). Adjusted for changes in exchange rates, growth totalled 34
percent.
-- The result for 2004:
-- operating result MSEK 29.7 (10.2), corresponding to 14.4
(6.3) per cent in operating margin
-- result before tax MSEK 31.2 (12.1), an increase of 158
per cent
-- result after tax MSEK 19.3 (7.2)
-- earnings per share SEK 3.27 (1.23)
-- Cash flow from operations during the year totalled MSEK 32.1(18.2).
At the end of the year, liquid funds totalled MSEK 110.5 (88.1).
-- The company has achieved growth and improved profitability during
the year through:
-- a generally improved market situation
-- BTS' stronger market position and broader range
of solutions
-- more favourable revenue mix
-- improved productivity and cost-efficiency measures
-- Result for the fourth quarter:
-- net turnover MSEK 51.9 (45.4), corresponding to growth
of 14 per cent (21 per cent adjusted for changes in
exchange rates)
-- operating result MSEK 6.7 (6.6), corresponding to 13
(15) per cent in operating margin
-- the result before tax MSEK 7.2 (7.0), an increase of
2 per cent
-- result after tax MSEK 4.4 (3.7).
-- The growth in the customer base for the year was good. New customers
acquired include Adobe, AT&T, Capital One, ICA, Merck,
Motorola, Schneider and Valero.
-- During the year, revenue per customer grew by 32 per cent.
-- The proposed dividend per share is SEK 1.60 (0.60).
BTS Group AB is an international consultancy and training company active in the field of business acumen. BTS uses tailor-made computer simulation models 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.
-- Open telephone meeting with Henrik Ekelund on Friday, 4 February,
10.00--11.00. Tel. +46 8 598 001 04
BTS Group AB
Grevgatan34
114 53
Stockholm
SWEDEN
Company reg. no. 556566-7119
Tel. +46 8 58 70 70 00
Fax. +46 8 58 70 7001
www.bts.com
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The full year-end report is available for download:
http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=69310&fn=wkr0001.pdf