Acando YEAR-END REPORT 2011

Fourth quarter - October 1 - December 31, 2011

· Net sales SEK 415 m (409).
· Operating profit SEK 43 m (43).
· Operating margin 10.3 % (10.5 %).
· Profit after tax SEK 32 m (32).
· Earnings per share after dilution
SEK 0.44 (0.42).

January 1 - December 31, 2011

· Net sales SEK 1,524 m (1, 462).
· Operating profit SEK 106 m (89).
Excluding previously communicated
nonrecurring costs attributable to the
disposal of operations in Denmark,
operating profit totaled SEK 125 m (89).
· Operating margin 6.9 % (6.1 %).
· Profit after tax SEK 69 m (62).
· Earnings per share after dilution
SEK 0.92 (0.80).
Earnings per share after dilution and excluding
nonrecurring costs attributable to the disposal
of operations in Denmark amounted to
SEK 1.18 (0.80).
· Cash and cash equivalents SEK 113 m (116).
· The Board of Directors intends to propose that the
Annual General Meeting resolve on a dividend of
SEK 1.00 (0,50) per share, corresponding to a total
of approximately SEK 72 m.

Statement by Carl-Magnus Månsson, CEO

Operating profit for the full year from existing operations increased by more than 40 percent compared with 2010. In 2011, we have worked continuously to implement changes that will result in improvements in our operating margins and create a stable structure for growth in every market in which we operate. In terms of performance, Sweden is the Group's strongest market and we can see how the structure we have established in Sweden to enable us to create closer working partnerships with our customers has started to deliver results in the form of several challenging projects. In addition, Norway, Finland and the UK reported a healthy trend in profits and sales.

Acando's guiding principle is "Passion for Improvements". We are convinced that business understanding combined with a deep understanding of technology forms a prerequisite for achievement of the results our customers expect. Implementation of our customers' projects is characterized by Team Spirit, Passion and Results. On a daily basis, I am astounded by the immense strength of the will to succeed and the perceptiveness shown by Acando's employees in every assignment. We have never been better equipped to meet our customers' needs in a rapidly changing economic reality. The attitude and ability of our staff comprise the greatest competitive advantage for Acando and its customers.

We are well equipped for continued development and have a strong balance sheet with healthy liquidity. We will continue to focus on margin and profitability while striving to increase organic growth. We foresee first-rate opportunities for growth in the current market and are endeavoring to recruit new employees in all competence areas.

With a number of exciting and challenging projects in progress, 2012 will be a captivating year.



This is information that Acando AB (publ.) is obligated to disclose according to the Securities Market Act and/or the Financial Instruments Trading Act. This information was submitted for publication on February 3, 2012.Acando is a consulting company that in partnership with its customers identifies and implements sustainable business improvements through information technology. Acando provides a balance between high customer value, short project times and low total cost. Acando has annual sales of about EUR 170 million and approximately 1,000 employees in five countries in Europe. The company is listed on the NASDAQ OMX Nordic exchange. Its company culture is based on the core values of team spirit, results and passion. www.acando.com