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Sveavägen 168
113 46 Stockholm
Tel: +46 8 555 290 60
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The Netherlands

Stationsplein 105
5211 BM ‘s-Hertogenbosch
Tel: +31 73 704 0318
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Germany

c/o Andersen Partner Business Centre
Alsterarkaden 13, 2. OG
20354 Hamburg
Tel: +49 40 31 99 34 32
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USA

50 Beaver Avenue
Annandale, NJ 08802
Tel : +1 908 399 7828
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Denmark

Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
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France

5 rue du Chanoine Lucien Gaben
81000 Albi
Tel: +33 9 83 66 09 09
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UK, Cambridge

The Officers Mess
Royston Road
Duxford – CB22 4QR
Tel: +44 1223 919608
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UK, Nottingham

Unit 1, Isaac Newton Centre 
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
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Interim report, January – December, 2018

Period October 1 - December 31, 2018

  • Net sales decreased by 1 % to SEK 109.6 m (SEK 110.5 m)
  • Software revenues increased by 4 % to SEK 70 .6 m (SEK 68.0 m)
  • Recurring revenue amounted to SEK 60.0 m (SEK 51.3 m) which corresponds to 55 % (46 %) of net sales.
  • EBITDA SEK 27.3 m; 24.9 % (SEK 25.9 m; 23.4 %)
  • EBITDA-adj. SEK 17.9 m; 16.3 % (SEK 17.4 m; 15.7 %)
  • EBIT SEK 16.1 m; 14.7 % (SEK 14.7 m; 13.3 %)
  • Net profit SEK 12.5 m; 11.4 % (SEK 10.5 m; 9.5 %)
  • EPS before dilution SEK 0.24 (SEK 0.20)
  • Cash flow from operating activities SEK 60.5 m (SEK 60.9 m)

Period January 1 - December 31, 2018

  • Net sales increased by 4 % to SEK 406.4 m (SEK 390.2 m)
  • Software revenues increased by 8 % to SEK 267.8 m (SEK 247.9 m)
  • Recurring revenue amounted to SEK 223.2 m (SEK 194.8 m) which corresponds to 55 % (50 %) of net sales.
  • EBITDA SEK 99.7 m; 24.5 % (SEK 85.8 m; 22.0 %)
  • EBITDA-adj. SEK 65.4 m; 16.1 % (SEK 48.9 m; 12.5 %)
  • EBIT SEK 53.2 m; 13.1 % (SEK 37.7 m; 9.7 %)
  • Net profit SEK 39.9 m; 9.8 % (SEK 24.8 m; 6.4 %)
  • EPS before dilution SEK 0.76 (SEK 0.48)
  • Cash flow from operating activities SEK 121.4 m (SEK 95.1 m)
  • The board proposes a dividend of SEK 0,60 per share (SEK 0,50)


For additional information, contact:
Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85

For the full report, see attached PDF.



This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

 This information is inside information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.45 February 12, 2019.