Interim report January-March 2011 — Strong growth in revenue and earnings
JANUARY–MARCH 2011 (FIRST QUARTER)
IFS expects good organic growth in 2011, with stronger license sales and an improvement in EBIT
Alastair Sorbie, President & CEO Tel: +44 1494 42 89 00
Paul Smith, Chief Financial Officer Tel: +44 1494 42 89 00
Frédéric Guigues, Investor Relations Tel: +46 8 58 78 45 00
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries 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 2,700 employees in total. Net revenue in 2010 was SKr 2.6 billion.
The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 21, 2011, at 08:00 a.m. CET.