BTS Group AB (publ) Interim report 1 January–30 March, 2019
Revenue increases by 15 percent and EBITA by 46 percent
- Net sales amounted to MSEK 376 (299). Adjusted for changes in foreign exchange rates, growth was 15 percent.
- Operating profit (EBITA) increased by 46 percent to MSEK 30 (20).
- Profit before tax increased by 54 percent to MSEK 23 (15).
- Profit after tax increased by 54 percent to MSEK 16 (10).
- Earnings per share before dilution increased by 53 percent to SEK 0.85 (0.55), and after dilution by 54 percent to SEK 0.84 (0.54).
CEO comment
“The market for BTS’s services is continuing to grow. The rate of change in the global business sector is high, which is favorable for demand. BTS holds a strong competitive position through our global organization, our digital services and our track record on creating earnings for our customers.
We are securing many new assignments from existing customers while adding many new customers.”
Outlook for 2019
In 2019, we expect continued healthy growth and profit before tax that is better than in previous years. (unchanged)
For more information, please contact:
Michael Wallin
Head of Investor relations
BTS Group AB
E-mail: michael.wallin@bts.com
Mobile: +46 708-788 019
About BTS Group AB
BTS is a global professional services firm headquartered in Stockholm, Sweden, with approximately 750 professionals in 33 offices located on six continents. We focus on the people side of strategy, working with leaders at all levels to help them make better decisions, convert those decisions to actions and deliver results. At our core, we believe people learn best by doing. For 30 years, we’ve been designing fun, powerful experiences™ that have a profound and lasting impact on people and their careers. We inspire new ways of thinking, build critical capabilities and unleash business success.
It’s strategy made personal.
We serve a wide range of client needs, including: Assessment centers for talent selection and development, Strategy alignment and execution, Business acumen, Leadership and sales training programs, and On-the-job business simulations and application tools.
We partner with nearly 450 organizations, including over 30 of the world’s 100 largest global corporations. Our major clients are e.g. AT&T, Chevron, Coca-Cola, Ericsson, Google, GSK, HP, HSBC, Salesforce.com, and Unilever.
BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B.
For more information, please visit www.bts.com.
Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.
This information is information that BTS Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on May 15, 2019.
Attachment