BTS Group AB (publ) Interim Report 1 January-31 March 2005
Continued growth in revenues and result
- During the first quarter, net turnover rose by 13 percent, totaling MSEK 57.9 (51.4) Adjusted for changes in exchange rates, growth amounted to 18 per cent.
- Result for the first quarter
- operating result MSEK 10.1 (9.0), corresponding to an operating margin of 17 (17) per cent
- result before tax of MSEK 11.7 (9.3)
- result after tax of MSEK 7.6 (6.1)
- earnings per share of SEK 1.28 (1.03).
- BTS acquired SMG's "Learning Solutions" as from the middle of February. Integration is progressing according to plan and the business made a positive contribution to the result for the first quarter.
- New clients acquired during the first quarter included Gap, Tyco, Klövern and Bacardi.
- A new BTS office has been opened in Melbourne, Australia.
BTS Group AB is an international consultancy and training company active in the field of business acumen. BTS uses tailor-made computer simulation models to support company managers in implementing change and improving profitability. BTS solutions and services train the entire organization to analyze and to take decisions centered on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision-making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often leading major companies.