Report

Year-end report January 2008 – December 2008

2009-02-23

• Continued strong growth during the period
• Net revenue up by 58.3 percent from 2007
• Operating profit improved by 30.8 percent compared with 2007
• Several important framework contracts were signed during the period.
• The Board of Directors proposes the payment of a dividend of SEK 1.10 per share.


FULL-YEAR (JANUARY– DECEMBER)

• Net revenue increased to SEK 1,887.4 million (1,192.4)
• Operating profit improved to SEK 49.3 million (37.7)
• Profit before tax amounted to SEK 50.8 million (39.1)
• Cash flow from operations was SEK 21.7 (44.2)
• Operating margin declined to 2.6 percent (3.2)
• EPS after tax was SEK 2.17 (1.67), adjusted for split carried out on 22 April 2008.


CURRENT PERIOD (OCTOBER – DECEMBER 2008)

• Net revenue increased to SEK 529.1 million (396.6)
• Operating profit declined to SEK 16.6 million (14.8)
• Profit before tax amounted to SEK 16.5 million (14.9)
• Cash flow from operations was SEK 12.5 million (49.7)
• EPS after tax was SEK 0.69 (0.65) SEK adjusted for split carried out on 22 April 2008.


Further information is available from:
Claes Ruthberg, President and CEO, +46 8 50 60 55 00
Ulf Henning, CFO, eWork Scandinavia AB, +46 8 50 60 55 00

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