IFS Year-End Report 2011: Strong license sales


 

OCTOBER–DECEMBER 2011 (FOURTH QUARTER)

  • License revenue amounted to SKr 166 million (Q4 '10: SKr 135 million), an improvement of 26 percent currency adjusted.
  • Maintenance revenue was SKr 220 million (Q4 '10: SKr 206 million), an increase by 8 percent currency adjusted.
  • Consulting revenue amounted to SKr 355 million (Q4 '10: SKr 383 million), a decrease by 6 percent currency adjusted.
  • Net revenue was SKr 745 million (Q4 '10: SKr 729 million), an improvement of 4 percent currency adjusted.
  • EBIT amounted to SKr 126 million (Q4 '10: SKr 110 million). Cash flow after investments was SKr 18 million (Q4 '10: SKr 70 million).
  • Earnings per share after full dilution grew by 31 percent and amounted to SKr 3.31 (Q4 '10: SKr 2.52).

JANUARY–DECEMBER 2011 (FULL YEAR)

  • License revenue amounted to SKr 431 million ('10: SKr 402 million), an improvement of 13 percent currency adjusted.
  • Maintenance revenue was SKr 823 million ('10: SKr 811 million), an increase by 7 percent currency adjusted.
  • Consulting revenue amounted to SKr 1,311 million ('10: SKr 1,357 million), an improvement of 1 percent currency adjusted.
  • Net revenue was SKr 2,576 million ('10: SKr 2,585 million), an increase by 5 percent currency adjusted.
  • EBIT amounted to SKr 233 million ('10: SKr 221 million). Cash flow after investments was SKr 94 million ('10: SKr 234 million).
  • Earnings per share after full dilution grew by 20 percent and amounted to SKr 5.96 ('10: SKr 4.96).
  • Proposed dividend for 2011 amounting to SKr 3.50 per share ('10: SKr 3.00).

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 February 8, 2012 at 8:00 a.m. (CET).

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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About Us

IFS is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.

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