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2016-10-19

HiQ International: CONTINUED GROWTH WITH STRONG PROFITABILITY

Net sales for the period January - September total SEK 1,199.0
(1,098.9) million. Operating profit (EBIT) for the first nine months
is SEK 151.4 (128.3) million, which is equivalent to a margin of 12.6
per cent. Liquid assets total SEK 159.4 million. Net sales for the
third quarter total SEK 352.1 (316.6) million. Operating profit
(EBIT) for the quarter is SEK 46.9 (38.7) million, with a margin of
13.3 per cent.

"We continue the year the way we started it - growing, setting
records, and creating winning results. That feels amazing and has a
simple explanation: all our great employees work every day to create
value for our clients and for our clients' customers. Net sales
increase by 11 per cent to SEK 352.1 million, our strongest ever in a
third quarter," says CEO Lars Stugemo.

As digitalisation enters all industries, there is an increased need
for expertise and experience within the entire chain from concept to
complete solution. We at HiQ have that range. We see proof of this
with the nominations in both the Swedish Design Awards and the
Swedish Publishing Awards - for the digital CarPay service that moves
the Volvo card into your mobile, and the new communications platforms
for the municipalities of Kungälv and Enköping.

"The common denominator is to create value for the users and
customers. Using technology to make people's everyday life simpler,
safer and more fun. Exactly what we at HiQ are passionate about. We
master the advanced technology and understand both the users and the
business. All aspects are essential which makes our range and offer
more relevant than ever."

During the quarter, HiQ strengthens its overall offer even more with
the acquisition of Great Apes Oy in Finland, a design- and digital
agency with 15 employees.

"Together we can take on even bigger assignments, in which we use
technology to make a difference. Great Apes share HiQ's values and we
are happy to welcome them to the team."

HiQ also recruits successfully on all sites and the number of
employees is higher than ever.

"I see this as evidence that we at HiQ enjoy our work, and I'm happy
and proud that so many driven, skilled, and great people want to work
here. We have never been more relevant, and together with brave and
forward-thinking clients we look forward to continue contributing to
a better and more joyful world," Lars Stugemo concludes.

HiQ's President and CEO, Lars Stugemo, presents the report today,
Wednesday 19 October at 09:00 CET, at HiQ's head office
(Regeringsgatan 20) in Stockholm. The report can be ordered by phone
(+46 8 588 90 000) or downloaded from www.hiq.se.

For more information, please contact:
Lars Stugemo, President and CEO HiQ, tel. +46 8 588 90 000
Jenny Normark Sperens, Head of Corporate Communications, HiQ, tel. +46
734 431 007

This information is information that HiQ International AB is obliged
to make public pursuant to the EU Market Abuse Regulation and the
Securities Markets Act. The information was submitted for
publication, through the agency of the contact person above, at 07.30
CET on 19 October 2016.

HiQ helps to make the world a better place by making people's lives
simpler through technology and communication. We are the perfect
partner for everyone eager to achieve results that make a difference
in a digital world. Founded in 1995, HiQ has more than 1,500
specialists in four countries and is listed on the Nasdaq Stockholm
Mid Cap list. For more information and inspiration, please visit
www.hiq.se

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http://news.cision.com/hiq-international/r/continued-growth-with-strong-...
http://mb.cision.com/Main/450/2103940/576850.pdf

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