Continued Strong Demand - Cyber Com in a Recruitment Drive.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 19, 2000 Cyber Com is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a recruitment drive to cover the need for another 100 consultants on top of the 300 or so currently employed. "Cyber Com's strategy is to find the best consultants in the industry. Ones who are so competent and experienced that they give our customers an added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
At present Cyber Com's consultants have, on average, ten years' experience of the industry. There are offices in Stockholm, Uppsala, Goteborg, Sundsvall and Malmo. Despite a turbulent year for the market, in September Cyber Com announced operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before before goodwill amortization of 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. 21.3 m for the first three quarters of the year. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight were as much as 94 per cent up on the same period in the previous year. The future also looks bright for Cyber Com, and in the new year it will therefore continue to carry out several different recruitment activities. "Making use of the networks of our employees has proved to be the best method of recruitment," says Mats Alders. Besides direct networking, other methods include internal breakfast meetings and advertising via the press, radio and the Internet. "At Cyber Com the combination growth and profitability has from the outset been an obvious factor. Focusing on our core areas of e-Business and telecom is one reason why we have been able to advance our positions continually. Another reason is the fact that we have concentrated solely on recruiting the best consultants", says Mats Alders. The Telecom and Services business area offers consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" and package solutions for the telecommunications market. Among other things, the company is at the leading edge for payment solutions for mobile services. Its customers include leading players such as Ericsson, Netcom and Telia Mobile. In the e-Business business area, the company sells advanced consulting services in the commercial, manufacturing industry and banking/finance markets. The emphasis is on trade between companies, and besides Ericsson, customers include companies such as DFDS DFDS Data Facility Device Support (IBM) DFDS Data File Distribution System DFDS Deck Forward Deck Switch Torline and the brokerage business Nordisk Fondkommission. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/19/20001219BIT00590/bit0001.doc http://www.bit.se/bitonline/2000/12/19/20001219BIT00590/bit0002.pdf |
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