Acando YEAR-END REPORT JANUARY 1 – SEPTEMBER 31, 2013

FOURTH QUARTER OCTOBER 1 – DECEMBER 31, 2013

  · Net sales SEK 405 m (410)
  · Operating profit SEK 33 m (33)
  · Operating margin 8.3% (8.1)
  · Profit after tax SEK 26 m (21)
  · Earnings per share SEK 0.37 (0.29)

ACCUMULATED JANUARY 1 – SEPTEMBER 31, 2013

  · Net sales SEK 1,438 m (1,547)
  · Operating profit SEK 66 m (114)
  · Operating margin 4.6% (7.4)
  · Profit after tax SEK 50 m (78)
  · Earnings per share SEK 0.71 (1.09)
  · Cash and cash equivalents SEK 99 m (115)
  · The Board of Directors intends to propose that the Annual General Meeting
resolve on a dividend of SEK 1.00 per share, corresponding to a total of
approximately SEK 71 m.
Statement by Carl-Magnus Månsson, CEO

2013 ended with continued stabilization and improved demand in many of Acando’s
markets and we can now see the effects of the streamlining measures and sales
efforts implemented during the year.  This was reflected in the earnings for the
quarter, which were on par with the year-earlier period. The combination of our
long-term relationships that provide insight into the unique situations of our
customers with our ability to understand how to best apply the new opportunities
from technology to operations is particularly noticeable now, when the pace of
investment is again rising.

The market in Sweden has strengthened continuously and we need to recruit in all
operations and geographic regions. We have entered a transition, in which our
traditional IT consultancy operations are becoming increasingly oriented toward
delivery of complete digital solutions based on prepackaged platforms. This also
means an increased need for interaction between our various areas of operation:
Management Consulting, Enterprise Solutions and Digital Solutions. It is
Acando’s strength that we freely combine consultants from these three
disciplines to deliver total solutions and, accordingly, it is gratifying to
note an increased number of projects spanning all three of our operational
areas.

In Sweden, we are particularly proud of our strong and innovative position in
the Microsoft field, which was recognized by the Business Intelligence Partner
of the Year Award. We particularly value this award since the motivation
highlighted our ability to identify unique solutions to customers’ problems,
which, yet again, showcases our distinct ability to combine business
understanding with the possibilities of technology. We have noted sharply
increasing demand for our Analytics services, not least, linked to the analysis
of substantial quantities of data in real time and insight regarding customer
behavior on digital channels.

Our operations in Germany ended the year with a slight recovery, particularly
through a healthy profit trend relating to growth in southern Germany. Our focus
on increasing volumes at existing customers has generated results, even if we
continue to assess the market as challenging. We have now implemented the final
part of our adaptation to the changed customer situation in Hamburg and, in
2014, will focus on continued bolstering of existing customer relationships and,
thereby, create the conditions for higher utilization rates and margins in
ongoing commitments.

In Norway, expansion continued successfully of our deliveries to the public
sector based on a strong portfolio of framework agreements. The acquisition made
in the third quarter has performed well, which means that we now hold a
significant position in Oracle-based business solutions. However, our investment
in Microsoft-based offerings followed a negative trend in the quarter with weak
utilization rates as a consequence. A degree of improvement through business won
at the start of 2014 and closer integration between Microsoft operations in
Sweden and Norway mean, however, that we expect a recovery in 2014.

We turn the page on a year that was challenging from many aspects and face 2014
with confidence. During the year, we have taken the necessary measures to meet a
market with focus on delivering solutions and changes that create immediate
results. We stand well equipped for a year filled with exciting new assignments
in a world of accelerating change.

This is information that Acando AB (publ) is obligated to disclose according to
the Securities Market Act and/or the Financial Instruments Trading Act. This
information was submitted for publication on February 4, 2014.
For further information
Carl-Magnus Månsson, CEO, +46 8 699 70 00
Anneli Lindblom, CFO, +46 8 699 70 00
Acando is a consulting company that in partnership with its customers identifies
and implements sustainable business enhancements through information technology.
Acando provides a balance between high customer value, short project times and
low total cost. Acando has annual sales of about SEK 1.5 billion and
approximately 1,100 employees in five countries in Europe. The company is listed
on the NASDAQ OMX Nordic exchange. Its corporate culture is based on the core
values of Team Spirit, Results and Passion. www.acando.com