Cybercom pursued its strategic initiatives through continued expansion into key geographic markets, and it focused on international delivery capabilities – to keep pace with the continued globalisation trend.
In a short time, the number of Group employees more than quadrupled, from 481 in early 2007 to 1,982 at year-end 2008. Cybercom has evolved from a mid-sized Swedish consultancy into a leading Nordic consulting corporation with major international operations. In 2008, the number of employees rose 57% – from 1,262 to 1,982.
- Sales rose 62% to SEK 1,781.1 million (1,099.5)
- EBIT increased 50% to SEK 156.0 million (104.1)
- Profit climbed 100% to SEK 134.0 million (67.0)
- Operating cash flow was strong at SEK 198.8 million (60.1)
- Profit per share rose to SEK 5.51 (4.46)
- Operating margin – EBIT – was 8.8% (9.5)
- Operating margin – EBITDA – was10.9% (11.0)
- Acquisitions: Plenware and Nexus Consulting
- British subsidiary divested
