Adera 100% Chance - 500 Beiträge pro Seite

[the guru]

Adera hat in Stockholm die kritische Marke von 100 geknackt.
Jetzt ist der Weg zu alten Marken offen.
In der nächsten Woche sehen wir hier die 18 Euro wieder.
Dann gehts nur noch gen Norden.

Adera lebt wieder!!!!!!

[V.Mac]

na hoffentlich !!!!!

V.Mac

[Webboris]

Da es keine substantiellen Neuigkeiten gibt ist der Kurs noch sehr empfindlich für Rückschläge,wenn der Nasdaq ieder nachläßt.Vielleicht liegt der Anstieg eher an Icon,die immens in die Höhe geschossen sind.
Desweiteren ist der Thread für mich nur ein blöder Push,sorry!
Wäre schön,wenn man auch hier mal ein paar Neuigkeiten oder sonstige Einschätzungen (mit Begründung!!!) bekommen könnte.In den letzten Tagen war es jedenfalls bei den Adera Threads recht still.Heute,wo der Kurs steigt,schreien wieder alle.
Das zeugt nicht von Qualität!
cu Webbie

[Webboris]

Aktuell kämpft Adera mit der 100 er SEK Marke,mal sehn,ob sie oberhalb schließen.Wenn ja,ist das zumindest ein gutes Zeichen für die Zukunft.Der Nasdaq liegt nämlich momentan 40 Points im Minus.
cu Webbie
Kurs im Moment 101,5 SEK

[chevy chase]

pusher THE GURU = pusher IBIZASPACE

[Wadde.Hadde.Dude.Da]

Ich weiß nicht was ich von Analystenmeinungen halten soll, aber bei Onvista schneidet Adera nicht besonders gut ab (ich glaube "underperform").

Halte sie aber weiterhin. Gruß

[Norbert27]

ich hoffe nur, dass der widerstand auf 135 jetzt auch schnell geknackt wird,
dann bin ich nämlich auch endlich wieder im plus....

Mfg, No

[Webboris]

Adera schließt heute mit einem dicken Plus auf 104 SEK.Eine erfreuliche Tatsache.Dennoch gehts womöglich morgen wieder südwärts,denn die Nasdaq ist wieder verschnupft.
Hat denn niemand was Neues von adera?
Icon ist heute mal wieder hoch im Plus weit über 15 Prozent.
cu Webbie

[dosco]

www.musterportfolio.de

Hi,

nach Per Malström ist noch keine Entscheidung bezüglich Listing in London oder NM gefallen. Die ENtscheidung wird jedoch fallen.

LONG

dosco

[GermanBiker]

Hallo Adera-Shareholders u. Longs !

Bin ebenso wie ihr in Adera engangiert. Hatte 1000 Stck. zu 9,90 gekauft u. 1000 St. zu 13,00. Traue
dem Braten , sprich Börsenstimmung nicht mehr und habe aus Liquiditätsbeschaffungsgründen bei
12,50 1000 Stck. verkauft. Das momentane Börsenklima sehe ich nicht mehr so euphorisch wie
im Jan . u. Febr. . Wir könnten doch mehrere Monate seitwärts gehen. Die Sommerkorrekturen
der 2 letzten Jahre waren für mich fürchterlich besonders schrecklich war für mich anzusehen wie
unsere Lieblinge verprügelt wurden. Für unsere Adera hoffe ich nochmal eine kurze Erholung oder
nochmal ein Rückgang auf 9 - 10 Euro. Dies wären dann nochmal riskante Kaufkurse mit dem
Hinblick des Aufbaus einer schnellen Tradingposition und anschließender Verkauf bei 12 - 13 Euro.
18 Euro für die Adera wären schön aber die Stimmung ist angeknackst, die alten Höchststände
können wir uns zumindestens bis Dezember, Januar 2001 abschreiben. Mir wären die 18 Euro
auch recht um meine restlichen 1000 Stck. zu verkaufen. Wir werden sehen, aber Hand aufs
Herz, manche werden es nicht für möglich halten oder erheblich protestieren, schaut euch
mal den Chart an. In einer noch schärferen Internetwertekorrektur, als diejenige, die wir gesehen
hatten, könnte Adera nochmal auf - ich möchte keinem Angst machen - 30 Schwedenkronen
zurückfallen und dies wären dann rein rechnerisch ca. 3,4 Euro. Und dies wäre möglich , da
Adera ein Wert aus der sog. 3ten Reihe ist und diese Werte fallen überdimensional. Möchte
wirklich keine Panik verbreiten, aber ich rate jedem jetzt keine riskante Positionen mehr einzu-
gehen und sich genügend Liquidität für den Sommer zu beschaffen. Adera wird dann zu noch
tieferen Kursen ein Bombenkauf sein im Hinblick auch auf die Phantasie einer womöglichen
Dotierung am neuen Markt. Wenn dies gelingen würde, wäre ein günstiger Zeitpunkt im
November, Dezember wenn die Internetkaufmanie wieder Gestalt annimmt.

Ein euch Börsenglück wünschender

GermanBiker

[Jacket]

Ich sehe das ein bißchen anders GermanBiker, nach dem Nasdaq-Einbruch gestern hat heute morgen die 100 skr-Grenze gehalten. Deshalb habe ich nochmals nachgekauft, da ich lieber investiert bin, wenn die "Neuer Markt Meldung" kommt bzw. die nächsten Zahlen...

Grüße Jacket

[Norbert27]

.......und die kommen schliesslich schon in 2 tagen
in freudiger erwartung......und in hoffnung, dass sie in erfüllung geht.

Mfg, No

[BWLstudy]

Wann kommen die Zahlen??? am Freitag???? wo steht dies??

Auf der Homepage bei Finanzkalender steht jedenfalls nichts.

Besten Dank

[Norbert27]

wenn du die letzte BO durchliest, in der adera in der spezialwerteliste erwähnt wurde(also nach dem rausschmiss),
dann wirst du dieses datum finden.

Mfg, No

[Webboris]

Wie befürchtet ist im Moment die 100SEK Marke wieder deutlich unterschritten(96 SEK)
Mal abwarten,wie weit sie heute noch fällt.Vielleicht dreht die Nasdaq ja wieder...
cu Webbie

[Webboris]

Jeder,der in Adera investiert ist,sollte eigentlich wissen,daß im Moment keine Zahlen anstehen,da diese im Februar veröffentlicht wurden.Die Ergebnisse könnt ihr nachlesen auf der homepage!
Also:Muß wieder mal betonen,daß hier nur unsubstantielle heiße Luft gepostet wird.Leider!
cu Webbie
PS:Man sollte sich nicht auf Zeitungen wie BO verlassen,sondern selbst recherchieren!
Investor Relations findet auch manchmal auf den Homepages der Firmen statt!

[Filzlaus]

Hi Webboris,
also wenn Du mal kurz nachrechnen würdest sind seit Februar bereits 3 Monate vergangen und Quartalszahlen kommen dann, warte laß mich nachrechnen, hmmm ah, alle drei Monate. Also bevor amn postet bitte überlegen was und wie man was schreibt, o.k.?

[SuperTwister]

Also ich habe heute nochmal nachgekauft.
Bin inzwischen bei einem Depotanteil von 20% bin sehr optimistisch!!!

Hoffe auf gute Zahlen.

[ekoman]

weiss denn nun jemand mit sicherheit
ob morgen quartalszahlen veröffentlicht werden ???
wenn ja bitte um info!
ekoman

[Webboris]

Bei Affärsvärlden im Kalender steht nix von Quartalszahlen!Daher bezweifle ich nach wie vor diese Info!
An Filzlaus:Mal wieder ein substanzloses Posting!Wenn Du es besser weißt,solltest Du die Quelle nennen!
Die großen AG s machen Quartalsberichte,aber Adera?
Ich weiß nicht,ob Adera Quartalsberichte abgibt.Meine Suche hat jedenfalls keinen Hinweis auf einen Quartalsbericht ergeben.
cu Webbie

[Norbert27]

@webboris:
wenn du das nicht weisst, dann bist du aber mit sicherheit noch nicht lange in adera engagiert.
ausserdem glaube ich nicht, dass die BO als offizielles und somit seriöses börsenblatt sich die
veröffentlichung falscher daten leisten kann.

Mfg, No

[Webboris]

An Norbert:
Wenn Du die Adera Threads aufrufst,wirst Du feststellen können,WANN ich in Adera investiert habe.
Warum werden in Schweden denn keine Hinweise auf Quartalszahlen bei Affärsvärlden gegeben(der Kalender gibt entsprechende Infos)wenn welche kommen?
Ich fahre übers Wochenende nach Berlin und freue mich schon auf die Threads zu den Zahlen,wenn ich wieder da bin.Wurden denn regelmäßig Quartalszahlen veröffentlicht bisher?In den Threads finden sich keine Hinweise!
cu Webbie

[traxing1]

Adera heute Analystentreffen um 12:00.
Quelle: yahoo!Finance Schweden

[holdipoldi]

Übernahme:

OOPix offers customers expertise in object-oriented systems development, ranging in scope from part of a project to a change in the entire development process for IT support and operations. The company currently has 25 employees. In 1999, OOPix had net sales of SEK 24 million and a profit margin of 6 percent. Customers are primarily large companies such as Scania, SAS, Telia, the Swedish Postal Administration, the Swedish State Railways and Ericsson.
"OOPix builds third-generation Web applications and definitely stands for state-of-the-art applications design," says Jörgen Ericsson, CEO of Adera. "Combined with a very strong concept for the integration of operations and IT, this expertise forms a key element in all the advanced projects in which Adera is involved."
"Adera offers an integrated environment involving business strategists, creators, Web developers and employees with substantial process-related know-how. Our concept and cutting-edge expertise in systems development and object-oriented technology such as Java, EJB, Corba and application servers is perfectly suited to Adera`s business model," say Finn Sjöberg, Christer Domeij and Harald Abelin, the three part-owners of OOPix.
The purchase price of SEK 75 million, funded with Adera B shares, is expected to impact Adera`s 2000 earnings favorably. OOPix has an office in Stockholm and with this purchase the Adera Group now consists of slightly more than 500 employees in seven countries.
OOPix was started in 1999 by consultants with a background in what was then Enator Functional Systems. Operations focus entirely on object orientation on all levels, from method support, project management, support for design and realization, quality assurance, and training. OOPix works with all leading tools, languages and development standards. The company consists of 25 employees, and in 1999 it had net sales of SEK 24 million.
Adera AB (publ) generates business value for customers by combining areas of expertise critical for success based on the new business logic: strategy/business development, marketing/communications and IT/Internet. Adera currently consists of 525 employees and has offices in Gothenburg, Stockholm, Ljungby and Värnamo - in Sweden - as well as Copenhagen, Oslo, London, Antwerp, Amsterdam, and Munich. Adera shares are listed on the O-List of the Stockholm Stock Exchange.
For further information, please contact:
Jörgen Ericsson, CEO, Adera, Tel: [phone];
Mobile: [phone]

Janerik Dimming, CIO, Adera,
Tel: [phone];
Mobile:[phone]


Harald Abelin, President, OOPix,
Tel: [phone]

[Filzlaus]

An Webboris,
da Du ja des schwedishen scheinbar mächtig bist, kannst Du mir ja den Quartalsbericht übersetzen. Du findest ihn unter www.adera.se, bei Adera+ mußt Du reports anklicken. Dort steht dann 1 Quartal 2000. Du scheinst ja wirklich wochenlang rechercherit zu haben. Viel Spaß damit

[holdipoldi]

http://www.aderagroup.com/ASMFileObjects/Adera_Q1_2000_swe.p…

Q1 Zahlen aber nur in schwedisch.

FINANSIELLA KOMMENTARER TILL DEN REDOVISADE PERIODEN:
Omsättning, resultat och antal anställda per kvartal
kv 1 kv 2 kv 3 kv 4 kv 1
1999 1999 1999 1999 2000
Omsättning, Mkr 71,2 92,7 56,1 70,8 86,3
Konsultintäkt, Mkr 43,0 53,4 39,9 51,9 70,0
Resultat efter goodwill och
jämförelsestörande poster, Mkr -9,6 -6,9 -17,6 -29,0 -8,6
Rörelseresultat, Mkr -10,1 -7,3 -20,1 -34,9 -22,8
Resultat efter finansiella poster, Mkr -10,7 -7,9 -20,1 -36,2 -23,3
Antal anställda vid periodens slut 253 275 311 320 380
Medel antalet anställda per kvartal 231 264 293 315,5 343

[traxing1]

Super Ergebnisse! In Schweden schon -8%, das wird lustig!

[Jacket]

Was geht denn da ab ??..Kurs schon bei 11,00...ich hätte nicht gedacht, das wir den nochmal sehen...

[GENlUS]

  2000-05-05
Delårsrapport 3 månader, januari - mars 2000 Belopp angivna inom parentes avser motsvarande period föregående år
Konsultintäkten för januari - mars 2000, ökade med 63 % till 70,0 Mkr och omsätt- ningen ökade med 21 % till 86,3 Mkr jämfört med samma period föregående år.

  Antalet anställda uppgick i mars 2000 till 380, jämfört med 320 i december 1999. Inräknat de ytterligare förvärv som har genomförts och vår organiska tillväxt upp- går antalet medarbetare i slutet av april till drygt 500.
Resultatet före goodwill avskrivningar och jämförelsestörande poster uppgick till -8,6 (-9,6) Mkr. Goodwill avskrivningarna uppgick till -2,4 Mkr och kostnader för avveckling av Adera Inc uppgick till 11,8 Mkr.

!!!  Proforma inklusive genomförda förvärv av HCM, OOPix,ITage och GCI Interactive skulle omsättningen för januari-mars 2000 vara 172 Mkr, konsultintäkten 106 Mkr och resultatet före goodwill avskrivningar och jämförelsestörande poster för januari-mars 2000 vara -0,9 Mkr. Tidigare fastlagda resultatmål kvarstår. Det betyder att vi innevarande år har som mål att nå break-even före goodwillavskrivningar och jämförelsestörande poster, medan vi inom 2--3 år räknar med en vinstmarginal på 10--15 %. Dessa mål kan komma att påverkas av ett ökat tempo i utlandssatsningarna.
 



Also wenn ich Schwedisch richtig interpretiere, dann beträgt der Umsatz inklusive der übernommenen Gesellschaften im 1.Q. immerhin 172 MKR. Dies entspricht 20 Mio Euro.

Meines Wissens liegen die damit gut im Plan. Ziel sind schließlich "nur 65 Mio Euro".

Die gesamte Bekanntmachung ist schlicht unprofessionell. Nicht einmal eine engl. Version.

[BWLstudy]

Darüber hab ich mich auch aufgeregt. Hier etwas in Englisch nach langer Suche!!!

etwas durcheinander, aber vielleicht was brauchbares dabei!!


Demand for e-business services is increasing and Adera is well-positioned

In January, in a survey of 277 companies, Adera was named the best Web consulting company in Sweden. This mark of quality has begun to yield results. During the quarter we have obtained a number of new clients, as a result of this survey. The survey has also been the cause of great pride within the Company and has contributed to the recruiting of new, skilled employees. For example, we are currently receiving 250 job applications per month in our Stockholm office alone.

Adera`s Group management was changed as of March 1, 2000. Adera acquired a new president and chief executive officer; responsibility for operations in Sweden and the rest of Europe was divided between two persons; responsibility for public relations and investor relations was given priority; and responsibility for continuing growth in information technology and market communications was defined clearly.

Adera gained a large number of new and attractive clients during the quarter. Most of the assignments involve complete e-business solutions covering the entire chain from strategy to technical platforms and market communications. Moreover, many of these assignments are for multinational companies, and our presence in the large European markets has been important for these clients. We have also increased our earlier assignments for a number of clients in the direction of assuming greater total responsibility. We have introduced a large number of technically advanced e-business solutions for companies such as Compaq and Peak Performance, among others. We are working on 15 projects for Telia at the present time. The management of Wallenius-Wilhemsen Lines was so pleased with the e-business strategy that we developed jointly with them that they wrote a very positive letter of recommendation as evidence of our in-depth business-strategy expertise. We have carried out a number of projects- for ESAB, Peak Performance and SKF Sverige, for example - in which we were able to demonstrate our creative ability.

We have made a number of new acquisitions. Most of them were implemented toward the end of the quarter and during the early part of April, with the result that we cannot include sales and earnings attributable to these acquisitions in Group totals until the second quarter. The acquisition of OOPix and ITage is strengthening our IT expertise in the Stockholm area where, following these purchases, we now have nearly 200 consultants. The acquisition of HCM, the Netherlands` leading e-business agency, strengthened our geographical presence in the Benelux region and provided us with a large number of new clients, as well as new expertise and management skills. As a result of the acquisition of GCI Interactive, we are now the leading consulting company in the Nordic Region in the field of interactive public relations based on use of the Internet.

The ability to build "structural" capital is critically important for future profitability and Adera intensified this work during the quarter. We have packaged experience gained from a number of client projects and have created eCore, a sturdy and flexible platform that can be used to develop advanced e-business systems quickly and efficiently.

A large number of organisational and managerial improvements have been implemented since the new Executive Group took office at the beginning of March. Among other moves, we decided to close our office in Dallas since it does not meet the profitability demands we set for the future. The United States is still a very important market for us since many of our clients operate globally. We are working actively with one of the large high-quality consulting firms to find a solution regarding representation in the US. I expect that during the next half-year we will continue to take a number of major steps to strengthen our competitiveness and organisation.

In the wake of the changeover to the new millennium, demand was relatively weak during January but since then has increased by stages in both Sweden and the rest of Europe. Our Swedish consulting offices were profitable during the quarter and March, in particular, was very strong. Our offices in the rest of Europe also had good order bookings during March. Sales during the January-March period amounted to SEK 86 M and agency revenue (sales less purchases for customers) totalled SEK 70 M. Agency revenue was 63% higher than in the year-earlier period. Before amortisation of goodwill and items affecting comparability (the liquidation of the Dallas office), Adera incurred a loss of SEK 8.6 M. It is interesting to note that pro forma -- including proposed acquisitions, assuming that all of the acquisitions are approved by Adera`s shareholders -- sales would have amounted to SEK 172 M, agency revenue would have totalled SEK 106 M, and the loss before amortisation of goodwill would have been SEK 0.9 M.

Earnings targets established earlier remain valid. This means that our objective this year is to achieve break-even results before amortisation of goodwill and items affecting comparability, while we expect to have a profit margin between 10% and 15% within two to three years. These targets may be affected by the increased tempo of programs outside Sweden.

The e-business revolution has only begun. More and more corporate managements are beginning to explore what they can and should do in the e-business sector in order to further strengthen their competitiveness. E-business is beginning to become a matter for consideration by top management in many large companies. Adera has a number of priority areas for action in the future in order to maintain a "top-quality" position: continue to deliver high quality performance to clients, recruit and develop skilled employees, continue to strengthen our geographical presence in key markets, and continue to build the company`s structural capital.

Göteborg, May 5, 2000
Jörgen Ericsson
Chief Executive Officer
Adera AB (publ)


Adera AB (publ)
Interim Report Three months ended March 31, 2000

Amounts within parentheses pertain to first-quarter 1999 operations

? Agency revenue increased by 66%, to SEK 64.1 M and sales for the January-March period of 2000 rose to SEK 86.3 M, an increase of 21% compared with the corresponding period of 1999.

? The Group had 380 employees in March 2000, compared with 320 in December 1999. Including the additional acquisitions that have been made, plus our organic growth, the Group had slightly more than 500 employees at the end of April.

? Adera incurred a loss of SEK 8.6 M before amortisation of goodwill and items affecting comparability, compared with a loss of SEK 9.8 M in the 1999 period. Amortisation of goodwill amounted to SEK 2.4 M and costs related to the liquidation of Adera Inc, amounted to SEK 11.8 M.

? Pro forma -- including the acquisitions of HCM, OOPix, ITage and GCI Interactive -- sales in the first quarter of 2000 would have amounted to SEK 172 M, agency revenue would have been SEK 100 M and the loss before amortisation of goodwill and items affecting comparability for the period would have been SEK 0.9 M.


Good demand for e-business services
during the last part of the quarter

Adera named Sweden`s best Web consulting firm
Vision magazine and the Swedish Advertisers Association conducted the "Client`s Choice 2000" survey in January 2000. Two hundred and seventy-seven buyers of Web services -- presidents, marketing managers and IT managers -- were asked to evaluate Web consultancies based on the criteria of creativity, strategic expertise and customer respect. The results speak for themselves:

1. Adera 4. Cell Network
2. Razorfish 5. Framfab
3. Icon Medialab 6. WM-data

Vision writes: "The attention that Adera receives in "Client`s Choice 2000" is sensational...Adera`s breadth inspires respect...The combination of strategic communications know-how and client respect makes Adera the clients` favourite... Adera has made a strong impression on information managers and IT managers, who credit the agency with a uniformly positive trend and who, in many cases, are also following the agency with a view to possible co-operation."

The result has been that a large number of new clients have chosen Adera as a partner, while existing clients have increased the scope of their assignments. A good example is Telia, which retained Adera to renew the Telia.se and Telia.com websites.


The world`s first WAP service for hotel reservations
Adera has worked with Scandic Hotels for some time with a view to helping the hotel chain to strengthen relationships with its 370,000 club members, in part through use of the Internet. As part of this program, Scandic recently introduced the world`s first WAP (Wireless Application Protocol) service for hotel reservations. Adera built the application, Nocom is responsible for operations and software, while Nokia supplied telephone and server technology.

Two-year contract with Peak Performance
Peak Performance has become one of Scandinavia`s largest brands in the area of sports and recreational wear in a very short time. Adera has signed a two-year contract that comprises global campaigns and brand-name development in all media: websites, including e-business; store visualisation, sponsorship and special events.

Complete e-business for Wallenius Wilhelmsen Lines
The world`s largest ro/ro shipping company has chosen Adera as its partner to develop a global Web strategy for the recently merged Norwegian/Swedish company.

The strategy, which was completed within two months, resulted in specific action plans that are now being implemented throughout the world. In a letter of recommendation written on its own initiative, WWL`s management expressed its satisfaction with the very high quality of the project and the fact that all time and cost specifications were met in accordance with agreements. Approximately 35 consultants in Adera`s offices in Oslo, Stockholm, Göteborg and Värnamo are working on an integrated e-business project that involves overhauling WWL`s business processes, building new intranet and Internet systems and working on a new brand-name strategy and proposals for WWL`s market communications systems.

Increased number of Telia assignments
In October 1999 Adera was named one of Telia`s seven contract suppliers of Internet services. Since the beginning of the year this has resulted in a large number of assignments in more and more areas of Telia`s expertise. During the first quarter Adera was designated a partner in the launching of new versions of the Telia.se and Telia.com websites. Telia`s websites are among the most frequently used in Sweden, with approximately 600,000 individual visitors per month. Delivery of the new sites met -- and in some cases exceeded -- agreements with respect to time, quality and cost specifications.

Increased activity for Compaq
With Adera as a partner, Compaq EMEA (Europe, Middle East and Africa), which is based in Munich, has developed Internet-based business systems that are radically improving the company`s work processes and integrating those of suppliers. During the quarter, based on its proprietary ECORE platform tool, Adera developed a new version of the business system, which, among other features, permits automatic generation of all of Compaq`s production of printed materials.

New clients in Denmark
During the spring the Adera office in Copenhagen has been awarded a large number of new client contracts on which work will begin in the second quarter. Two of the contracts, involving Madge.web and Vanenburg Group.


Madge.web is a European-based company that develops network structures and applications services for, primarily, multinational financial and media companies. The assignment comprises the development of database systems, websites and e-business solutions.

For Vanenburg Business Solutions, Adera is developing a Group website that is to be rolled out in 15 countries, as well as a brand name strategy for the new economy.

New clients in Belgium
The Adera office in Antwerp has extended co-operation during the first quarter with KPN, Orange, TeleAtlas, SAIL, AS Adventure and the Canada-based company OmniMark Technologies Corporation. Together with OmniMark, Adera recently started a development project to serve customers with e-commerce solutions, intranet and extranet solutions, IT strategies and WAP solutions. OmniMark has about 1,500 well-known customers, such as Microsoft, Boeing, Hewlett Packard, Volvo and the EU Parliament.


Emphasis on building structural capital

Adera introduces eCore -- an IT platform for advanced Web development
Because a presence on the Internet is a most important competitive tool for many clients, demand for speed and advanced functions in the development of websites have also increased substantially. Many companies have to be able to globalise their websites quickly, offer information in real time and in a number of languages, and use information from the sites in both their intranets and extranets. In order to offer an advanced tool and a platform for a company`s entire operations on the Internet, Adera has developed eCore, a platform that meets all of the demands noted above.


Many new acquisitions

New shares issued to permit fast pace of continuing expansion
Following a road show of more than a week in Sweden, England and the United States, Adera`s new issue of 2.5 million shares was fully subscribed. Two thirds of the newly issued shares were placed with large investors outside Sweden. The subscription price was set at SEK 171 per share, resulting in proceeds of SEK 427.5 M to Adera, before issue costs. The purpose of the issue was to provide Adera with funds for continuing expansion in Europe, and to increase institutional ownership of the Company`s shares.

Adera acquires HCM/BAM -- the Netherlands` largest e-agency
In February, Adera signed a contract to acquire Hollandse Communicatie Maatschap (HCM) in Amsterdam, as well as the outstanding majority holding in Bureau Actie Marketing BV (BAM). In 1999 HCM had agency revenue of SEK 80 M, and operating income of SEK 12 M before financial income and expenses.

HCM currently has approximately 100 employees and, like Adera, has focused largely on integrating market communications, information technology, the Internet and management expertise in order to be able to offer creative and durable e-business solutions in the new economy.

The Netherlands, like Sweden and Finland, is one of the fastest-growing e-business markets in Europe. The penetration rates for personal computers, Internet connections and mobile telephony are very high and consulting operations in the e-business sector are today one of the hottest growth areas in the Netherlands.

HCM`s client list contains a number of well-known brands; these include Sony (Europe), Boxman.com, Sportus.com, VNU (publisher), Travel Union Int (travel agency) and a large number of other attractive Dutch companies.

Adera is devoting substantial resources to minimising the time required for integration, and HCM will become a very important part of Adera`s continuing expansion in Europe. The company is expected to be consolidated in the Group as of April 1, 2000.

Adera buys GCI Interactive
GCI Interactive was a Web agency consisting of slightly more than 30 employees, with clients mainly in the areas of health care and pharmaceuticals, information technology, industry and fast-moving consumer goods. Notable clients include Microsoft and Pharmacia & Upjohn. The agency was formerly owned in part by the GCI Rinfogruppen public relations consulting company, which is part of Grey`s global GCI public relations network. The acquisition strengthens Adera`s customer base, its knowledge of public relations on the Internet, and its presence in Stockholm. The price for GCI Interactive, SEK 57.3 M, was paid with 71,334 Adera Series B shares. GCI had sales of SEK 18.3 M in 1999 and reported an operating loss of SEK 0.8 M before financial items.

Adera closes Dallas office
Adera`s office in Dallas was associated very closely with the Olicom account, a client that split up and sold large parts of its business during the second half of 1999. Following substantial efforts to attract new clients to the office, we saw that it would not be possible for the office to meet our profitability goal in the foreseeable future. It was therefore decided to close the office and -- in accordance with Adera`s strategy -- concentrate on strong, profitable expansion in Europe. The United States is still an important market but should preferably be cultivated via a partnership with a large established American company. The effect of the closure is reported as an item affecting comparability in the amount of SEK 11.8 M.

New Chief Executive Officer and Executive Committee

New President and Chief Executive Officer as of March 1, 2000
Jörgen Ericsson was named the new President and Chief Executive Officer of Adera, effective March 1, 2000. Following six years with McKinsey & Company -- including three years as manager of e-business activities for McKinsey in Scandinavia -- Jörgen Ericsson has broad experience in consulting. The former President and Chief Executive Officer, Rolf Jansson, will remain on Adera`s Board and work actively in Adera Venture Zone.

Adera strengthens its Executive Committee
In March, to ensure continuing strong growth, Adera reinforced its Executive Committee by adding four new members. Following the change of Chief Executive Officers on March 1, the new Executive Committee consists of the following:

Jörgen Ericsson
President and Chief Executive Officer
Richard Törnblom
Vice President - Responsible for operations in Europe
Henrik Martin
Vice President - Responsible for Swedish operations

Claes-Göran Lövetoft
Vice President - Responsible for technology and integration
Johan Kruse
Vice President - Responsible for brand names and marketing
Janerik Dimming
Vice President - Information Manager
Per Malmström
Chief Financial Officer

Options program and stock split

Redemption of options program
Adera`s first options program expired in January 2000, resulting in a new issue after t
he split of 2,000,000 new Series B shares. Group liquidity was thereby increased by
SEK 24 M.

Five-for-one stock split
Shareholders at a Special General Meeting on February 15 approved a five-for-one split of the Company`s shares.

Important events following the end of the quarter

Ola Ahlvarsson elected new member of Adera`s Board
Ola Ahlvarsson was elected a member of Adera`s Board of Directors at the Annual General Meeting of the Company. Ola participated in the founding of Boxman.com and Result Venture Knowledge, of which he is today the Chief Executive Officer. With his large network of international contacts and his experience gained in the new economy, Ola will be a very great asset on Adera`s Board of Directors.

Adera acquires ITage
With its purchase of the system integrator ITage - a consulting company that focuses on e-business and knowledge management - Adera is strengthening its program to provide solutions using third-party products. ITage has established joint ventures with such companies as Abalon, Cognos, IFS and Nocom and is thus an established supplier of total solutions for large and medium-size European companies. As a result of its many partnerships, ITage is able to integrate standardised components with a view to creating competitive advantages for its clients, which include NCC, Elektronikgruppen, ABB and Pocketmail.

As of the date when it was acquired, ITage had 23 employees, with sales of SEK 11.5 M in 1999. ITage had profit of SEK 0.8 M after financial items in 1999. The company is expected to be consolidated in the Group as of April 15, 2000.

Adera acquires OOPix
OOPix offers active support and resources in object-oriented systems development. The scope can be everything from participating in a project to changing of an entire development process, from IT support and operations. OOPix customers include Scania, SAS, Telia, Sweden Post, Swedish Railways and Ericsson. OOPix has leading-edge know-how in object-oriented technology and works, for example, with Java, Corbra and various application servers. As of the date when it was acquired, OOPix had 25 employees, with sales of SEK 24 M in 1999. OOPix had income of SEK 1.7 M after financial items in 1999. The company will be consolidated in the Group as of May 1, 2000.


COMMENTS ON FIRST-QUARTER OPERATIONS

Sales, earnings and number of employees per quarter

Q 1 Q 2 Q 3 Q 4 Q 1
1999 1999 1999 1999 2000

Sales, SEK M 71.2 92,7 56.1 70.8 86.3
Agency revenue, SEK M 43.0 53.4 39.9 51.9 70.0
Loss after goodwill amortisation and
items affecting comparability, SEK M -9.6 -6.9 -17.6 -29.0 -8.6
Operating loss, SEK M -10.1 -7.3 -20.1 -34.9 -22.8
Loss after financial items, SEK M -10,7 -7.9 -20.1 -36.2 -23.3

Number of employees at end of period 253 275 311 320 380
Average number of employees
per quarter 231 264 293 315.5 343


Sales and results
Agency revenue increased by 63%, to SEK 70.1 M (38.7). Sales rose 21% during the period, to SEK 86.3 M (71.2).

As planned, the high rate of expansion during the past 12 months has had a negative impact on operating income. The loss for the period, before amortisation of goodwill and items affecting comparability, amounted to SEK 8.6 M, compared with a loss of SEK 9.6 M in the first quarter of 1999. The operating loss was SEK 22.8 M (loss of 10.1), The operating loss included costs of SEK 11.8 M related to liquidating Adera Inc. and a repayment of SEK 2.5 M from SPP.

In accordance with generally accepted practice, costs amounting to SEK 15 M pertaining to the private placement of new shares were deducted from the total amount of the issue.

Liquidity and net financial items
As of March 31, 2000, the Group`s liquid funds amounted to SEK 399.8 M. The Group increased its interest-bearing liabilities by SEK 0.3 M during the period and implemented three private placements of new shares amounting to SEK 440.5 M. The new shares were issued to finance continuing organic growth and acquisitions of companies.

Investments
The Group`s total investments in fixed assets during the period amounted to SEK 0.4 M. GCI Interactive Europe AB was acquired through a noncash issue of 71,334 shares, equal to an acquisition value of SEK 57.3 M. Goodwill that arose through acquisitions amounted to SEK 54.3 M during the period. In connection with the liquidation of Adera Inc., goodwill of SEK 8.0 M was expensed as liquidation costs in subsidiaries under items affecting comparability. Intangible assets are amortised over the estimated life of the assets, but not longer than 10 years at the present time.


Personnel
The Group had 380 employees at the end of the period. During the first quarter of 2000 the number of employees increased by 60, of whom 30 were added through acquisitions. This was equal to an annual growth rate of 75%. Including the acquisitions of HCM, OOPix and ITage, the Group has slightly more than 500 employees.

Parent Company
The Parent Company`s operations have been unchanged. The Parent Company had no sales during the period. Net investment in financial fixed assets in conjunction with the acquisition of shares amounted to SEK 6.0 M during the period. Shares in GCI Interactive Europe AB were sold further to the subsidiary Adera Sweden AB.

Goals for fiscal year 2000
The Group`s goal is to reach the break-even point, before amortisation of goodwill and items affecting comparability, in the year 2000, while we expect to have a profit margin of between 10% and 15% within two to three years. However, these targets may naturally be affected by a higher pace of operations outside Sweden.


Göteborg, May 5, 2000

Jörgen Ericsson
Chief Executive Officer


This report is unaudited.


Financial report dates
Interim report on six months` operations August 28, 2000
Interim report on nine months` operations October 26, 2000
Preliminary report operations in 2000 February 22, 2001
Annual Report for fiscal year 2000 March 2001
Annual General Meeting April 5, 2001


For additional information, please call:
Jörgen Ericsson, Chief Executive Officer, or
Janerik Dimming, Information Manager
Tel: [phone]

Income statement
2000 1999 1999 Jan-Dec July 1998-
Jan-March Jan-March Pro forma Dec 1999
SEK 000 3 months 3 months 12 months 18 months

Invoiced sales 54 288 63 506 281 780 345 833
Change in work in progress 32 014 7 650 8 973 19 735
Operating revenue 86 302 71 156 290 753 365 568

Commission-based expenses -22 170 - 32 437 - 121 695 - 152 079
Other external costs -18 896 - 13 647 - 55 038 - 70 967
Personnel expenses -52 223 - 32 322 - 167 596 - 200 943
Depreciation of fixed assets -1 653 - 2 369 - 9 293 - 11 702
Amortisation of intangible assets -2 410 - 459 - 9 512 - 9 512
Liquidation of group companies -11 764 - - -
Operating loss -22 814 * - 10 078 - 72 381 - 79 635

Result of financial investments -509 - 666 - 2 664 - 3 110
Loss after net financial items -23 323 - 10 744 - 75 045 - 82 745

Tax expense, incl. deferred tax 140 883 868 1 463
Loss for the period -23 183 - 9 861 - 74 177 - 81 282

* Incl. costs for amortisation of goodwill and costs related to the liquidation of Adera Inc, amounted to SEK 14.2 M.

Balance sheet
2000 1999 1999
SEK 000 March 31 March 31 December 31

Intangible fixed assets 85 074 23 427 42 569
Tangible fixed assets 30 196 21 385 25 001
Total fixed assets 115 270 44 812 67 570

Work on contract 30 822 14 906 13 289
Receivables 77 527 55 696 63 034
Cash and bank balances 399 814 8 484 5 389
Current assets 508 163 79 086 81 712

TOTAL ASSETS 623 433 123 898 149 282

Shareholders` equity 544 984 51 587 70 354
Provisions - - -
Interest-bearing liabilities 19 214 23 998 18 915
Noninterest-bearing liabilities 59 235 48 313 60 013
TOTAL SHAREHOLDERS` EQUITY,
PROVISIONS AND LIABILITIES 623 433 123 898 149 282

Cash flow statement
2000 1999 July 1998-
Jan-March Jan-March Dec 1999
SEK 000 3 months 3 months 18 months

Operating loss -22 814 - 10 078 - 79 635
Depreciation 4 063 2 828 21 214
Result of financial investments -509 - 334 - 2 987
Tax paid - - 112
Cash flow from operating activities -19 260 - 7 584 - 61 296

Change in working capital -26 396 3 033 15 692

Investing activities -53 - 220 - 48 025

Financing activities 440 576 - 1 713 87 591

Change in liquid assets 394 867 - 6 484 - 6 038

Liquid assets at January 1 5 389 14 864 11 275
Exchange differences in liquid assets -442 104 152
Liquid assets at December 31 399 814 8 484 5 389

Key data

2000 1999 July 1998-
Jan-March Jan-March Dec 1999
3 months 3 months 18 months

Total capital, SEK 000 623 433 123 898 149 282
Shareholders` equity, SEK 000 544 984 51 587 70 354

Average number of employees 343 231 272
Number of employees at end of period 380 253 320
Sales per employee 1 006 1 232 1 108

Return on total capital, % neg neg neg
Return on total shareholders` equity, % neg neg neg

Liquidity, multiple 9,10 1,76 1,44
Equity/assets, % 87,4 41,64 47,1

Number of shares, 16 643 735 9 025 000 11 760 920
Number of shares on full dilution, 1) 17 643 735 12 025 000 14 760 920
Shareholder`s equity per share, SEK 32,74 5,72 5,98
Earnings per share, SEK - - -
Earnings per share, SEK, 1) - - -


1) On full dilution in accordance with the options program and adjusted for share splits and bonus issues




Definitions

Agency revenue
Sales reduced by purchases for clients.

Shareholders` equity per share
Shareholders` equity divided by total number of shares.

Liquidity
Current assets divided by current liabilities

Average number of full-time employees
Number of hours worked divided by work period for year (1,800 hours).

Return on equity
Income/loss for year as a percentage of average equity capital.

Return on total capital
Income/loss after net financial items, plus financial expense, as a percentage of average total assets.

Equity/assets ratio (Solidity)
Shareholders` equity as a percentage of total assets.

Total capital
Total assets.

Profit/loss per share
Profit/loss for the year divided by total number of shares.

Glossary

E-business/The new business logic
The new way of conducting business operations that has been made possible by the advent of the Internet and other types of information technology. This often entails that a company completely redefines its definition of market game rules, including sector concepts, success factors and value-generating processes.

E-agency
A consulting company that creates business benefits for its clients by bringing together skills within its own organisation that are essential to the clients` efforts to be competitively successful in the new business logic, such as management skills, marketing/communications skills and IT expertise.