IBS Annual Report 2001 on the Internet

IBS Annual Report 2001 on the Internet The English version of IBS' Annual Report 2001 is now available and can be downloaded from the corporate homepage, www.ibs.se As shown in the Annual Report, IBS has set new financial targets for the operations, calculated over a complete business cycle: · An average revenue growth of at least 15% per year, mainly through organic growth. During the phase of expansion, the average operating margin is targeted at 5-8%. · An average yearly capital turnover ratio of at least 1.5. · An equity to total assets ratio of at least 35%. · An average return on equity of at least 5% above the government bond interest rate. For information please contact: Staffan Ahlberg, CEO, IBS AB Björn Bontin, CFO, IBS AB Tel: +46 (0)8 6272420, +46 (0)70 Tel. +46 (0)8 6272402, +46 (0)70 6272420 6272402 email: staffan.ahlberg@ibs.se email: bjorn.bontin@ibs.se IBS, International Business Systems, is a leading global provider of integrated supply chain execution and customer relation solutions for distributors and demand-driven international manufacturing companies. IBS' primary focus is mid-sized and large wholesale distributors as well as sales and manufacturing companies in international groups, especially in pharmaceuticals, electronic parts and equipment, automotive parts and supplies, machinery, industrial supplies and consumer durables. IBS is recognised by AMR Research as a leading supplier of supply chain execution software and services. IBS has some 5,000 customers, among them many leading companies like Volvo, Miele, Nautor Swan, Galexis, Ciba Vision, Maxell, ABB, Expert, Cartier and Lear Corporation. The IBS Group has revenues of $260m, 2,250 employees and permanent operations in 22 countries. IBS is listed on the Stockholm Stock Exchange ("IBS B"). For more information, please visit www.ibs.se . ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/22/20020322BIT00170/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/22/20020322BIT00170/wkr0002.pdf