SOURCE: BTS Group AB

April 29, 2009 03:12 ET

BTS Group AB (publ) - Interim Report January 1 - March 31, 2009

BTS Stands Strong in a Difficult Market

STOCKHOLM, SWEDEN--(Marketwire - April 29, 2009) -


--  Net sales increased by 12 percent during the first quarter and
    amounted to MSEK 137.4 (122.3). Adjusted for changes in exchange rates,
    growth was -9 percent.
--  Operating profit before amortization of intangible assets (EBITA)
    increased by 4 percent to MSEK 14.1 (13.5).
--  Profit before tax for the first quarter increased by 8 percent and
    amounted to MSEK 10.9 (10.1).
--  Profit after tax for the first quarter increased by 7 percent and
    amounted to MSEK 7.2 (6.7).
--  Earnings per share  increased by 7 percent to SEK 0.40 (0.37)
--  Demand for training and consultancy services weakened during the first
    quarter compared to the previous year. Demand for BTS' services has been
    better than the market as a whole, apart from APG which continued to
    develop negatively during the first quarter. More positive trends were
    noted on the US' market at the end of the quarter.
--  An office was opened in Bangkok, Thailand.
--  New clients secured during the first quarter included Deloitte,
    Fabege, HSBC, Indra, LRF, McDonalds, Munters and Sodexo, among others.
    

BTS Interim Report January 1 March 31, 2009

http://hugin.info/132982/R/1309490/302444.pdf

Stockholm, April 29, 2009

Henrik Ekelund
CEO

This report has not been the subject of separate examination by BTS' auditor.

Contact Information

  • Contact information

    Henrik Ekelund
    CEO
    Phone: 08-587 070 00

    Stefan Brown
    CFO
    Phone: 08-587 070 62

    Thomas Ahlerup
    Senior Vice President Corporate Communications
    Phone: 08-587 070 02
    Mobile: 076-800 5755

    For additional information visit: www.bts.com

    BTS Group AB (publ)
    Grevgatan 34
    114 53 Stockholm
    SWEDEN
    Phone. +46 8 587 070 00
    Fax. +46 8 587 070 01

    Corporate registration number: 556566-7119