Bisnode reported 4th Quarter 2012 revenues of SEK 1,051 million, a decline of 9.8%. Operating income increased to SEK 125 million, up 18% from prior year period. Operating margin improved to 12.2% up from 9.1% from prior year.
For the full year Bisnode’s revenues were SEK 3,935 million, a decline of 7%. Operating income increased to SEK 511 million, up 14% from prior year period. Operating margin improved to 13% up from 10.5%.
The company stated that a far-reaching process of change is being implemented in order to create a ”One Bisnode”. Organic growth was 1%. Bisnode sustained healthy growth and earnings trend in Credit Solutions but continued weak development for the companies in Marketing Solutions.
Bisnode signed a new 10-year strategic partnership agreement with Dun & Bradstreet International for 11 markets signed at the beginning of August 2012. Bisnode expects to divest all remaining business units providing Product Information. The company will continue to focus on information solutions and analytics which can be imbedded in customers’ workflow.
Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.
The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.
Bisnode reported 4th Quarter 2012 revenues of SEK 1,051 million, a decline of 9.8%. Operating income increased to SEK 125 million, up 18% from prior year period. Operating margin improved to 12.2% up from 9.1% from prior year.
