Cision AB (Publ) (Formerly Observer AB) Interim Report January-march 2007, April 26, 2007.Restructuring Work Progressing According to Plan. Continued Strong Market. STOCKHOLM, Sweden -- Cision AB (STO:OBS OBS abbr. organic brain syndrome OBS Organic brain syndrome, see there ): * The Group's operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. 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. 488 million (493). Organic growth in local currency was 3 percent (3). All regions reported growth. * Operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. amounted to SEK 41 million (-404) and profit before tax was SEK 27 million (-421). Profit after tax amounted to SEK 15 million (-444), while earnings per share amounted to SEK 0.20 (-5.97). * Excluding restructuring expenses, operating profit amounted to SEK 61 million (65) and the operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: to 12.5 percent (13.2). Exchange rate effects, mainly from a weaker US dollar, negatively affected profit by SEK 5 million. * Operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. amounted to SEK 90 million (34). Free cash flow amounted to SEK 30 million (22). * Observer has changed its name to Cision and is adopting a common name and uniform profile across all markets. Cision improves clients' performance through integrated services and software solutions for reputation and campaign management, media monitoring and research of media contacts. Cision AB is quoted on the Nordic Exchange and has approx. 20 000 shareholders. The company has around 2,700 employees and a turnover of SEK 1.9 billion in 2006. Cision operates in the US, UK, Sweden, Canada, Germany, Norway, Finland, Denmark, Portugal and Lithuania. This information was brought to you by Cision http://newsroom.cision.com |
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