IFS Interim Report January–June 2013

Strong product growth and underlying margin improvement

April–June 2013 (2nd quarter)

License revenue amounted to SKr 128 million (Q2 '12: SKr 92 million), an increase of 47 percent currency adjusted.
Maintenance revenue was SKr 232 million (Q2 '12: SKr 232 million), an improvement of 5 percent currency adjusted.
Consulting revenue amounted to SKr 334 million (Q2 '12: SKr 327 million), an increase of 7 percent currency adjusted.
Net revenue was SKr 696 million (Q2 '12: SKr 652 million), an improvement of 12 percent currency adjusted.
EBIT amounted to SKr 66 million (Q2 '12: SKr 27 million).
Cash flow after investments was SKr 13 million (Q2 '12: SKr -162 million).
Earnings per share after full dilution amounted to SKr 1.71 (Q2 '12: SKr 0.58).

January–June 2013 (six months)
License revenue amounted to SKr 212 million (YTD '12: SKr 175 million), an increase of 27 percent currency adjusted.
Maintenance revenue was SKr 458 million (YTD '12: SKr 454 million), an improvement of 6 percent currency adjusted.
Consulting revenue amounted to SKr 644 million (YTD '12: SKr 662 million), an increase of 2 percent currency adjusted.
Net revenue was SKr 1,317 million (YTD '12: SKr 1,295 million), an improvement of 6 percent currency adjusted.
EBIT amounted to SKr -26 million (YTD '12: SKr 40 million), including one-off costs for efficiency program amounting to SKr 92 million.
Cash flow after investments was SKr 80 million (YTD '12: SKr -68 million).
Earnings per share after full dilution amounted to SKr -1.23 (YTD '12: SKr 0.85).

Outlook
For 2013, IFS expects strong license revenue growth and an improvement in EBIT.

Contact Information
Mark Boulton
Telefon: 44 1494 428900
Chief Marketing Officer
press@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. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,000 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.

More information on IFS is available at www.IFSWORLD.com
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Visit the IFS Blogs on technology, innovation, and creativity: blogs.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 July 18, 2013 at 8:00 a.m. (CEST).

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, SE-583 30 Linköping.

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About Us

IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 3,700 employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at ifs.com