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  • IFS Interim Report January–March 2012: Strong growth in product revenue

IFS Interim Report January–March 2012: Strong growth in product revenue

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JANUARY–MARCH 2012

  • License revenue amounted to SKr 83 million (Q1 '11: SKr 74 million), an increase of 11 percent currency adjusted.
  • Maintenance revenue was SKr 222 million (Q1 '11: SKr 196 million), an improvement of 12 percent currency adjusted.
  • Consulting revenue amounted to SKr 335 million (Q1 '11: SKr 335 million), a decrease of 1 percent currency adjusted.
  • Net revenue was SKr 643 million (Q1 '11: SKr 607 million), an improvement of 5 percent currency adjusted.
  • EBIT amounted to SKr 12 million (Q1 '11: SKr 10 million). Cash flow after investments was SKr 94 million (Q1 '11: SKr 43 million).
  • Earnings per share after full dilution grew by 53 percent and amounted to SKr 0.23 (Q1 '11: SKr 0.15).

OUTLOOK
IFS expects strong organic license growth and improved EBIT in 2012.

Contact Information
Anne Vandbakk

Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com

About IFS
IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion. More information is available at www.IFSWORLD.com.

IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on April 20, 2012 at 8:00 a.m. (CEST).

IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46 13 460 40 01
Industrial and Financial Systems, IFS AB (publ) is a limited liability company registered in Sweden.
Corporate identity number: 556122-0996. Registered office: Teknikringen 5, Box 1545, SE-581 15 Linköping.

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