Enea AB Full Year Report 2007
Stockholm, Sweden, February 5, 2007 – Enea (Nordic Exchange/Small Cap/ENEA), a world leading provider of network software and services, today reports its best quarterly operating profit ever for the fourth quarter of 2007.
Fourth Quarter
• Net sales increased by 13 percent to SEK 232.2 (206.3) million. Currency-adjusted growth was 16 percent.
- Software sales climbed 20 percent to SEK 84.0 (70.0) million. Currency-adjusted growth was 24 percent.
- Consulting and other revenues rose 9 percent to SEK 148.2 (136.3) million. Currency-adjusted growth was 11 percent.
• Operating profit increased by 18 percent to SEK 24.5 (20.8) million. Operating margin was 11 (10) percent.
• Net profit more than doubled to SEK 35,9 (13.7) million, earnings per share rose to SEK 0.10 (0.04).
January – December
• Net sales increased by 9 percent to SEK 820.6 (750.1) million. Currency-adjusted growth was 11 percent.
- Software sales climbed 15 percent to SEK 311.6 (271.4) million. Currency-adjusted growth was 17 percent.
- Consulting and other revenues increased by 6 percent to SEK 509.0 (478.7) million. Currency-adjusted growth was 8 percent.
• Operating profit increased by 7 percent to SEK 72.1 (67.6) million. Operating margin was 9 (9) percent.
• Net profit for the year surged by 47 percent to SEK 71.2 (48.4) million, earnings per share rose to SEK 0.19 (0.13).
• Cash flow from operating activities increased to SEK 66.4 (5.6) million.
President and CEO Johan Wall and CFO Håkan Gustavson present the full year report today at 10 AM, at Operaterassen in Stockholm. To attend the meeting please call +46 8 411 43 80. To view the web cast starting at the same hour, visit www.enea.com. To follow the presentation via telephone, please call +46 850 520 270 or +44 208 817 9301.
Please see enclosed pdf-file for the entire report.