• Sales reached SEK 410.1 million (477.6)
• EBITDA margin of 9.7% (9.6), excluding one-off cost of SEK 18 million
• EBITDA margin of 5.3% (3.6)
• EBIT margin of 2.1% (-57.3)
• EPS of 0.11 SEK (-9.49)
• Total of 1,803 (1,969) employees
A cautious market
Sales for the first three months of 2010 were SEK 410.1 million. The EBITDA margin increased somewhat to 9.7%, excluding costs for staff cuts.The market is still cautious – we see positive signs and an increased interest in investment from our customers.
During the recession, Cybercom consolidated its position as a global supplier to the major telecom purchasers of consultant services, and now consequently is one of few remaining selected strategic telecom partners. We have also successfully won framework contracts in the public sector in Sweden, in which we see potential for growth in coming quarters.
We look forward confidently on 2010. The order flow trend is positive, and Cybercom continues to intensify its sales efforts and invest in branding activities. One example is our participation in Mobile World Congress in Barcelona in February.
Our focus in 2010 will continue to be on increasing profitability. The current market still holds major challenges, but also major opportunities. Cybercom has a strong Nordic base with growing international operations. Globalisation will continue to play a key part, and we will continue to develop the company in line with our strategy. We are building an international Cybercom, with a geographic organisation designed for long-term successful business.
Stockholm, 21 April 2010
President and CEO
For more information, please contact:
Patrik Boman, president and CEO + 46 73 983 89 79
Odd Bolin, CFO + 46 70 428 31 73
Kristina Cato, IR and communications director + 46 70 864 47 02