IAR Systems Group AB (publ) Interim Report Jan-March 2019

Net sales SEK 99.8m (88.9)
Operating margin 29.5%

Investments in technology create possibilities for four product launches this year

JANUARY–MARCH 2019
›› Net sales of SEK 99.8m (88.9)
›› Sales growth in local currency of 4%
›› EBITDA of SEK 38.4m (34.7), corresponding to an EBITDA
margin of 38.5% (39.0)
›› Operating profit of SEK 29.4m (29.5), corresponding to an operating
margin of 29.5% (33.2)
›› Profit before tax of SEK 29.2m (29.1)
›› Basic earnings per share of SEK 1.68 (1.81) and diluted earnings
per share of SEK 1.68 (1.81)
›› Cash flow from operating activities of SEK 19.1m (19.1)
›› Net cash of SEK 73.2m (112.2) at the end of the period

Stefan Skarin, CEO, IAR Systems Group AB
email stefan.skarin@iar.com

IAR Systems supplies future-proof software tools and services for embedded development, enabling companies worldwide to create the products of today and the innovations of tomorrow. Since 1983, IAR Systems’ solutions have ensured quality, reliability and efficiency in the development of over one million embedded applications. The company is headquartered in Uppsala, Sweden and has sales and support offices all over the world. IAR Systems Group AB is listed on NASDAQ OMX Stockholm, Mid Cap. Learn more at www.iar.com.