This press release may not be made public, published or distributed, directly or indirectly, in the United States of America, Canada, Australia, Hong Kong or Japan. Please refer to the Important Notice below.
On 30 August 2012, Cybercom announced that its Board of Directors had resolved on a new share issue not exceeding SEK 127 million with preferential rights for the company’s shareholders. In connection therewith, it was also announced that Cybercom intended to disclose the preliminary outcome for the third quarter 2012, prior to the subscription period and publication of the prospectus that has been prepared in connection with the rights issue. Cybercom hereby announces its preliminary outcome for the third quarter of the fiscal year 2012:
· Net sales are expected to amount to SEK 260 – 275 million.
· Operating profit before interest, taxation, depreciation and amortisation (EBITDA) is expected to amount to SEK 2 – 6 million. No extraordinary items are expected to impact the results in the quarter.
“During the seasonally short third quarter we are observing a weak trend in profitability and sales. The utilisation rate remains unsatisfactory in some parts of our operations and the market is also more hesitant. We are continuing to implement change within the company to make the operations more efficient in order to be able to achieve our financial targets,” says Niklas Flyborg, President and CEO.
For additional information about the rights issue, please refer to the press release regarding the Board of Directors’ rights issue decision announced on 30 August 2012 and to the interim report for the third quarter 2012, which is to be published on 25 October 2012.
Cybercom Group AB (publ) discloses this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 24 September 2012, 13.00 CET.
For further information please contact:
Niklas Flyborg, President and CEO +46 70 594 96 78
Camilla Öberg, CFO +46 73 398 50 01
Kristina Cato, Communication and IR manager +46 70 864 47 02