Earnings Release • Apr 30, 2015
Earnings Release
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PSI Group ASA : First quarter 2015 result
HIGHLIGHTS
- Operating revenue was MNOK 242.5 (173.2) + 40.0 per cent. Organic growth in
the quarter was 21.7 per cent.
- EBITDA was MNOK 15.2 (10.0) + 51.1 per cent.
- Cash flow from operational activities was MNOK - 19.5 (- 8.3).
- SQS Security Qube System AB had a strong improvement in the EBITDA, partly due
to the recently awarded contract of MNOK 10.4 from Cobelguard CIT.
- CashGuard was selected as a preferred supplier of cash handling solutions to
OKQ8. The agreement involves deliveries totaling MSEK 10.0 in 2015.
About PSI Group
PSI Group's mission: Driving Retailers' productivity by providing innovative
integrated technology solutions.
PSI Group's vision: Becoming a recognized global provider of Retail Technology
Solutions.
PSI Group has it's headquarter in Rælingen and has approximately 575 employees.
The company is listed on the Oslo Stock Exchange. See www.psigroup.no for
further information.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1916651]
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