BTS Group AB (publ) Interim report January 1 – September

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News Desk 2018
BTS Group AB (publ) Interim report January 1 – September 30, 2015 "Earnings up 42 percent"

Stockholm, Sweden, 2015-11-10 08:02 CET (GLOBE NEWSWIRE) --  

January 1–September 30, 2015

  • Net sales amounted to MSEK 751.5 (537.2). Adjusted for changes in foreign exchange rates growth was 17 percent.
  • Profit before tax increased by 42 percent to MSEK 73.8 (52.0).
  • Profit after tax increased by 39 percent to MSEK 49.1 (35.4).
  • Earnings per share increased by 38 percent to SEK 2.63 (1.90).

Third quarter 2015

  • Net sales amounted to MSEK 248.6 (189.3). Adjusted for changes in foreign exchange rates, growth was 14 percent.
  • Profit before tax increased by 23 percent to MSEK 25.3 (20.5).
  • Profit after tax increased by 18 percent to MSEK 16.7 (14.1).
  • Earnings per share increased by 17 percent to SEK 0.89 (0.76).

New clients during the first nine months of the year include Aditya Birla Group, Barclays Africa, Citizens Bank, Danone, Experian, Gas Natural, Olympus, Qlik Technologies, Ross Stores, Sabre, Sandoz, Santander, Uber and Visa.

CEO comment

“BTS had a strong third quarter, by far the best ever. Revenue increased 14 percent, currency adjusted, and earnings were up 23 percent. During the first nine months of 2015, growth was 17 percent and earnings increased 42 percent.” commented Henrik Ekelund President and CEO, BTS Group.

“During the year we have made major investments in product development and innovation in our digital solutions. Our new offerings BTS Pulse and BTS Digital Journey have been well received and will be generally launched at the beginning of 2016.” concluded Henrik Ekelund.

For further information please contact:

Thomas Ahlerup

Senior Vice President

Financial Communications and Investor Relations

BTS Group AB

Phone   +46-8-5870 7002

Mobile   +46-768-966 300

E-mail    thomas.ahlerup@bts.com

About BTS Group AB

BTS is a global professional services firm headquartered in Stockholm, Sweden, with some 450 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 strategy execution and talent development needs. Our services span the employee lifecycle from assessment centers for talent selection and development to strategy alignment and execution initiatives, and from business acumen, leadership and sales training programs to 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 some of the most respected names in business: AT&T, Chevron, Coca-Cola, Ericsson, Google, GSK, HP, HSBC, Salesforce.com, Telstra, and Unilever.

BTS is a public company listed on the Nasdaq OMX 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 has been disclosed according to the Financial Instruments Trading Act and/or Securities Trading Act.

 

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