Hoylu AB will publish the interim report for January — June 2018

Malmö, Sweden, 10 August 2018

The full version of the interim report for January — June 2018 is attached to this press release and is available on the company’s website www.hoylu.com.

«We are working hard to both improve existing relationships with customers to maximize business potential and to find new and exciting opportunities. We are very proud that our business with our largest customers continues to increase. During the period, we have received supplementary orders and new orders from bl.a. Proctor & Gamble, Holland America Line, Skanska, Daimler and Suffolk. We have also continued to add new partners and resellers and has ongoing discussions with a number of important and well-known actors who want to include the Hoylu Suite in its offerings. » says Hoylu Chief Executive Officer, Stein Revelsby.

The FIRST HALF of 2018 (January — June 2018)

— Net sales for the first half of the year amounted to SEK 11.4 million (9.9)

— Gross margin was 70% (71)

— Operating loss amounted to SEK 16.3 m (-10,9)

— Profit after tax was msek-16.7 M (-10,9)

— Earnings per share amounted to SEK -1,15 (-1,35)

The SECOND QUARTER of 2018 (april — June 2018)

— Net sales for the second quarter amounted to SEK 6.0 million (8.0)in

— Gross margin was 68%

— Operating loss amounted to SEK 8.2 m (-4,9)

— Profit after tax amounted to sek -8,4 MILLION (-4,9)

— Earnings per share amounted to SEK -0,56 (-0,60)

This interim report for the Hoylu have been prepared in accordance with the Swedish annual accounts Act, the Swedish accounting standards general advice concerning the consolidated financial statements of BFNAR 2012: 1 (K3) and the Swedish law regarding the securities market.

For more information, please contact:

Stein Revelsby, CEO of Hoylu, telephone +1 213 440 2499 e-mail: sr@hoylu.com

Karl Wiersholm, CFO at Hoylu, telephone +1 425 829 2316 e-mail: kw@hoylu.com

If Hoylu

Hoylu is an innovative company that delivers solutions for digital workspaces. Hoylu Suite is the essential tool that enables businesses to deliver high-quality cooperation in the modern workplace with the function to use any device to work smarter and more fun within a variety of industries such as technology, pharmaceuticals, construction, contracting, manufacturing, travel, hospitality, graphic design and many more.

For more information visit

www.hoylu.com or www.introduce.se/foretag/hoylu

Nickname: Hoylu

Marketplace: Nasdaq First North Stockholm

Certified Adviser: Mangold Fondkommission AB, +46 (0) 8 50 301 550

Publishing

This information is such information that Hoylu AB (publ) is obliged to publish under the EU’s marknadsmissbruksförordning. The information was submitted, by the above contact person in the government for publication on 10 August 2018 there 08:30 CEST.

Hoylu_2018_Q2_SWE_F

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Hoylu AB via Globenewswire

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