BTS Group AB (publ) Year End Report 1 January-31 December 2005
BTS Group AB reports strong growth in turnover and results for the fourth quarter of 2005 and the year
- During the year, net turnover rose by 39 per cent and amounted to MSEK 286.1 (205.9). Adjusted for changes in exchange rates, growth amounted to 37 per cent. Net turnover in the fourth quarter rose by 55 per cent (53 per cent when adjusted for changes in exchange rates) to MSEK 80.3 (51.9).
- The result for 2005:
- the operating result rose by 59 per cent to MSEK 48.7 (30.7)
- the operating margin was 17.0 (14.9) per cent.
- the result before tax increased by 71 per cent to MSEK 55.1 (32.2)
- the result after tax increased by 80 per cent to MSEK 36.8 (20.4)
- during the year, earnings per share rose by 81 per cent to SEK 6.21 (3.44).
- Result for the fourth quarter:
- the operating result rose by 103 per cent to MSEK 14.3 (7.0)
- the operating margin was 17.8 (13.6) per cent.
- the result before tax increased by 106 per cent to
MSEK 15.5 (7.5)
- the result after tax increased by 125 per cent to MSEK 10.7 (4.8).
- New customers acquired during the year included Alstom, Amer Sports, Bacardi, Gap, Glaxo SmithKline, Maersk, Sony Ericsson and Tyco.
- The proposed dividend per share is SEK 2.75 (1.60).
- During the year, BTS acquired SMG Learning Solutions in Philadelphia, USA, and Business Game Factory (BGF) in Helsinki, Finland.
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 organisation to analyse and to take decisions centred 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.