IBS plans for continued revenue growth

IBS plans for continued revenue growth and profitability As shown in the 1999 Annual Report and in the Year-End Report for 1999, which was published earlier this year, the IBS Group foresees a revenue growth in 2000 of some 30%, while maintaining a very satisfactory profitability level. The operating margin is forecast to be 5-8%. IBS anticipates a slower development during the first quarter, but a dynamic development in the second half of 2000. IBS AB, with headquarters in Stockholm, is listed at the Stockholm Stock Exchange. The IBS Group is a world-leading international supplier of Internet-integrated business systems and professional services. IBS has a revenue of some SEK 3bn, and some 2,400 employees and 5,000 customers in more than 40 countries. For more information, please contact: Staffan Ahlberg, CEO, IBS AB Christina Wågström, Head of IR, IBS AB Tel: +46 8 627 23 10, +46 70 559 36 60 Tel: +46 8 627 24 60, +46 70 627 24 60 Email: staffan.ahlberg@ibs.se Email: christina.wagstrom@ibs.se. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/05/20000405BIT00640/bit0001.doc http://www.bit.se/bitonline/2000/04/05/20000405BIT00640/bit0002.pdf