2010-08-31
Bisnode Interim report January-June 2010
Improved operating margin and strong cash flow
April-June
• Revenue of SEK 1,111 million (1,184).
• Operating profit (EBITA) of SEK 104 million (105).
• Operating margin (EBITA) of 9.3 per cent (8.9).
• Cash flow from operating activities of SEK 41 million (10).
January-June
• Revenue of SEK 2,273 million (2,428).
• Operating profit (EBITA) of SEK 242 million (252).
• Operating margin (EBITA) of 10.7 per cent (10.4).
• Cash flow from operating activities of SEK 192 million (175).
• Continued weak revenue trend in Marketing Solutions.
• Improved operating margin and strong cash flow as an effect of cost-cutting measures.
Key events
• Bisnode’s offering in Germany expanded and strengthened through the launch of a new credit solutions company.
• Position in France reinforced through the acquisition of Directinet.
• The Group’s streamlining has continued in line with Bisnode’s strategy to increase the focus on its core business. Office Team, information logistics operations in PAR, the ABC companies in Belgium, France, the Netherlands and Luxembourg and the shareholding in Emric were divested during the period.