News: EDB Business Partner ASA (EDBASA.OL)

EDBASA.OL on Oslo Stock Exchange

22.80NOK
18 Dec 2009
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kr-0.40 (-1.72%)
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Fri, Sep 18 2009

UPDATE 3-NORDIC STOCKS - Factors to watch on Sept 18

(Updates Swedbank, adds Novo Nordisk, Vestas, and EDB Business Partner)

STOCKS NEWS EUROPE-EDB falls, Q1 margin disappoints

Shares in EDB Business Partner fall 4.9 percent after the Norwegian computer services group reports profit margins below expectations for the first quarter. [ID:nOSL010063].

TABLE-EDB Business Partner Q1 EBITA misses forecast

Q1 2009 Q1 2008 Forecast* Operating revenues 1,936 1,838 1,948 EBITA 135 173 159 Pretax profit 64 98 81 Net result 46 69 55 Earnings per share (crowns) 0.49 0.73 0.61

BRIEF-EDB says wins $120 mln deal with four banks

OSLO, March 30 (Reuters) - Norwegian computer services group EDB Business Partner said on Monday:

UPDATE 2-EDB says wins 5-year DnB NOR job worth $605 mln

* Analysts expect pressure on margins, no covenant breach

UPDATE 1-EDB says wins 5-year DnB NOR job worth $605 mln

OSLO, March 24 (Reuters) - Norwegian computer services group EDB Business Partner said on Tuesday it had won a renewed and extended five-year deal worth 3.8 billion crowns ($605 million) from Norway's biggest banking group, DnB NOR.

BRIEF-EDB says wins 5-yr DnB NOR job worth $605 mln

OSLO, March 24 (Reuters) - Norwegian information services group EDB Business Partner said:

EDB, Atea say Nordic IT markets to stall in 2009

OSLO, Feb 4 (Reuters) - Norwegian computer services firms EDB Business Partner (EDB) and Atea warned on Wednesday that the Nordic IT services market would stall this year, after growing 4 percent in 2008.

TABLE-EDB Business Partner Q4 EBITA as f/cast

Q4 2008 Q4 2007 Forecast* Operating revenues 2,145 1,685 2,072 EBITA 193 173 191 Pretax profit 40 114 29 Net result 30 85 18

Norway's EDB says Q4 cash from operations rise

OSLO, Jan 26 (Reuters) - Norwegian computer services firm EDB Business Partner said on Monday its cash from operations in the fourth quarter of 2008 was greater than in the fourth quarter of 2007.

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