BTS : publ) Year-end report January 1—December 31, 2016
February 21, 2017 at 02:14 am EST
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Stockholm, Sweden, 2017-02-21 08:00 CET (GLOBE NEWSWIRE) --
Profit increased by 20 percent in the fourth quarter
Full-year 2016
Net sales amounted to MSEK 1,107.6 (1,043.9). Adjusted for changes in foreign exchange rates, growth was 7 percent.
Profit before tax increased by 2 percent to MSEK 110.9 (109.2).
Profit after tax increased by 2 percent to MSEK 73.8 (72.6).
Earnings per share increased by 2 percent to SEK 3.96 (3.89).
Fourth quarter 2016
Net sales amounted to MSEK 336.4 (292.4). Adjusted for changes in foreign exchange rates, growth was 12 percent.
Profit before tax increased by 20 percent to MSEK 42.7 (35.4).
Profit after tax increased by 20 percent to MSEK 28.0 (23.4).
Earnings per share increased by 20 percent to SEK 1.50 (1.26).
Dividend
The proposed dividend is SEK 2.50 (2.35) per share.
Forecast
The result before tax is expected to be better than the previous year.
For more information, please contact:
Michael Wallin Head of Investor Relations
BTS Group AB
E-mail: michael.wallin@bts.com
Mobile: +46 708-788 019
About BTS Group AB
BTS is a global professional services firm headquartered in Stockholm, Sweden, with some 500 professionals in 34 offices located on six continents. We focus on the people side of strategy, working with leaders at all levels to help them make better decisions, convert those decisions to actions and deliver results. At our core, we believe people learn best by doing. For 30 years, we've been designing fun, powerful experiences that have a profound and lasting impact on people and their careers. We inspire new ways of thinking, build critical capabilities and unleash business success. It's strategy made personal.
We serve a wide range of client needs, including:
Assessment centers for talent selection and development
Strategy alignment and execution
Business acumen, leadership and sales training programs
On-the-job business simulations and application tools.
We partner with nearly 450 organizations, including over 30 of the world's 100 largest global corporations. Our major clients are some of the most respected names in business: AT&T, Chevron, Coca-Cola, Ericsson, Google, GSK, HP, HSBC, Salesforce.com and Unilever.
BTS is a public company listed on the Nasdaq Stockholm and trades under the symbol BTS B.
For more information, please visitwww.bts.com
Every care has been taken in the translation of this press release. In the event of discrepancies, however, the Swedish original will supersede the English translation.
This information is information that BTS Group 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 set out above, at 08:00 CET on February, 21, 2017.
BTS Group AB published this content on 21 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 February 2017 07:13:20 UTC.
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BTS Group AB (BTS) is a Sweden-based learning and development consultancy company. BTS uses customized simulation models to support executive management in making change and improving profitability. The Companyâs solutions and services train the corporate organization to analyze and make decisions centered on the factors that promote growth and profitability. It has three practice areas: Strategic Alignment & Business Acumen, Leadership, and Sales Force Transformation. BTS customers include such companies as Accenture, Deloitte, Humana, Schlumberger, Unilever, AT&T, Coca-Cola, Sony, Microsoft, Vodafone, BBVA, Ericsson, Telefonica, National Australia Bank, Telstra, Xerox, BG, GAP, Texas Instruments, HP, Toyota, and others. The Company has subsidiaries in Sweden, Finland, the United States, Australia, South Africa, Mexico, Italy, Spain, Belgium, Switzerland, Singapore and Thailand, among others. It operates through Wizerize A/S, Cesim Italia Srl and Design Innovation Srl, among others.
BTS GROUP AB 
