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Orc Software reports strong full year results

25 January 2008  |  1454 views  |  0 Source: Orc Software

In view of the company's strong earnings and good financial position, the Board of Directors has decided to recommend to the AGM approval for a dividend of SEK 4(2) per share, amounting to a total distribution of SEK 60.8m (30.4).

October-December 2007
Revenue SEK 144.5m (111.2) - Revenue growth 30% compared to Q4 2006 - Operating income SEK 36.2m (21.3) - Operating margin 25% (19) - Income after tax SEK 23.0m (17.4) - Earnings per share SEK 1.51 (1.13)

January-December 2007
Revenue SEK 528.6m (417.9) - Revenue growth 26% compared to 2006 - Operating income SEK 125.6m (67.3) - Operating margin 24% (16) - Income after tax SEK 101.3m (50.9) - Earnings per share SEK 6.58 (3.30)

The annualized value of existing customer contracts at the end of 2007 was SEK 488.4m (SEK 361.8m at the end of 2006), an increase of SEK 126.6m, or 35%.

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