Interim Report January

Interim Report January - June 2011

Continued improved result and strong license sales

  ·       Sales for January-June increased with 3 percent to SEK 303.8
(295.6) million
  ·       Operating profit EBITDA for the period was SEK 16.4 (8.9)
million
  ·       Earnings per share after tax for the period were SEK 0.47
(0.14)
  ·       Sales for the second quarter amounted to SEK 162.0 (159.6)
million
  ·       Operating profit EBITDA for the second quarter was SEK 18.9
(14.0) million
  ·       Earnings per share after tax for the period were SEK 0.51
(0.32)
  ·       Cash-flow from operating activities for the first six months
was SEK 57.9 (49.4) million

CEO comment:
”Despite a persistent currency headwind of 8 percent, we continue to
deliver positive growth, good margins and strong results, both in the
second quarter and for the first half year. It is the sixth consecutive
quarter that we improve our margins based on rolling 12 months.
In local currencies our total sales grew by 10 percent for the second
quarter and by 11 percent for the first six months compared to last
year. Our license sales also showed double-digit growth compared to the
corresponding period last year, adjusted for currency effects, with 17
percent growth in the second quarter and 16 percent growth for the first
six months of the year. The results before and after tax have
significantly improved both for the second quarter and for the first six
months, which indicates that our focus on profitability is successful.
In addition to this we deliver a double-digit EBITDA-margin for the
rolling 12 months, which is the first time in ReadSoft history. Our
EBITDA-result has thus clearly improved compared to last year and our
cash flow from operating activities remains strong.
Most of our market regions show good sales growth, and among them,
especially the U.S., Australia, Benelux and Brazil can be mentioned.
With the current market climate, we remain positive that we can increase
our sales and our results the coming quarters compared to the
corresponding period last year.”
Jan Andersson
President and CEO
Read the entire report in the attached PDF.
Invitation to telephone conference / audiocast for the presentation of
ReadSoft's Interim Report January - June 2011
On Tuesday, July 19, 2011, at 9:00 CET, are analysts, investors, media
and other interested parties invited to attend a telephone conference
where ReadSoft's President and CEO Jan Andersson will comment on the
published Interim Report and answer questions. The presentation will be
held in English.
Link to webcast:         click
here (http://www.financialhearings.com/hearing/financia1.nsf/(recordedne
w)/7BE03CA4DF0D0665C12578A00049CFF8?OpenDocument) 
Day and time:             Tuesday, July 19, 2011 at 09.00 CET
Phone number:          +46 (0)8 5051 3794 or +44 (0)20 7806 1966
Code:                          6114676 or ReadSoft
You can also access the presentation via our website
www.readsoft.se (http://www.readsoft.se/) or
www.readsoft.com (http://www.readsoft.com).
This information is such that ReadSoft AB (publ) is to publish in
accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication
on July 19, 2011 at 08:00 CET.

For additional information please contact: 
Jan Andersson, President and CEO
Phone: +46 42-490-21 34 or +46 708-37 66 00
Johan Holmqvist, Vice President Corporate Communications
Phone: +46 42-490 21 98 or +46 708-37 66 77
Jan Bertilsson, CFO
Phone: +46 42-490 21 43 or +46 708-37 66 16
e-mail: firstname.lastname@readsoft.com
Interim Report January - June 2011

Attachments
