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BTS Group AB (publ) Interim Report 1 January- 30 June 2006 Continued Good Growth in Revenues and Earnings.


STOCKHOLM, Sweden -- BTS BTS - Bug Tracking System  Group AB (STO:BSTB BSTB Brigade Special Troops Battalion (US DoD) )

--Net turnover during the first half year has increased by 25 per cent and amounted to MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm)
MSEK Million Swedish Kroner
 171.5 (137.5). Adjusted for changes in exchange rates, growth amounted to 19 per cent.

--Net turnover for the second quarter increased by 17 per cent to MSEK 93.5 (79.6). Adjusted for changes in exchange rates, growth amounted to 16 per cent.

--Earnings for the first half year:

--The operating profit increased by 27 per cent to MSEK 32.6 (25.7)

--The operating margin before depreciation and amortization (EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become  - margin) amounted to 21 (20) per cent

--The operating margin amounted to 19 (19) per cent

--The profit before tax increased by 7 per cent to MSEK 33.0 (30.8)

--The profit after tax increased by 3 per cent to MSEK 21.1 (20.4)

--The earnings per share amounted to SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 1.19 (1.14)

--Earnings for the second quarter:

--The operating profit increased by 28 per cent to MSEK 20.1 (15.6)

--The operating margin before depreciation and amortization (EBITDA - margin) amounted to 23 (21) per cent

--The operating margin amounted to 21 (20) per cent

--The profit before tax increased by 5 per cent to MSEK 20.2 (19.1)

--The profit after tax amounted to MSEK 12.8 (12.7)

--New customers secured during the first half year included Anglo American, Atlanta Gas & Light, Gtech, National Semi Conductor, Pacific Brands, Sani-tas and US Cellular.

--After the close of the period: BTS has signed a Letter Of Intent with respect to a possible acquisition of all of the business operation in The Advantage Performance Group (APG APG Assists Per Game (basketball)
APG Assists Per Game (hockey statistic)
APG Aberdeen Proving Ground
APG Automated Password Generator
APG Asia Pacific Group on Money Laundering
) and The Real Learning Company (RLC RLC Residual lung capacity ).

BTS Group AB is an international consultancy and training company active in the field of business acumen. BTS uses tailor-made simulation models to support company managers in implementing change and improving profitability. BTS solutions and services train the entire organization to analyze and to take decisions centered on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision-making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often leading major companies.

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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 23, 2006
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