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IFS interim report January–June 2014

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Continued growth from a working strategy 

April–June 2014 (second quarter)

  • License revenue amounted to SKr 134 million (Q2 '13: SKr 128 million), an increase of 5 percent currency adjusted. 
  • Maintenance revenue was SKr 256 million (Q2 '13: SKr 226 million), an improvement of 11 percent currency adjusted. 
  • Consulting revenue amounted to SKr 354 million (Q2 '13: SKr 329 million), an increase of 6 percent currency adjusted. 
  • Net revenue was SKr 745 million (Q2 '13: SKr 686 million), an improvement of 7 percent currency adjusted. 
  • EBIT amounted to SKr 70 million (Q2 '13: SKr 66 million). 
  • Cash flow after investments was SKr 30 million (Q2 '13: SKr 9 million). 
  • Earnings per share after full dilution amounted to SKr 1.91 (Q2 '13: SKr 1.71).

January–June 2014 (six months)

  • License revenue amounted to SKr 241 million (YTD '13: SKr 214 million), an increase of 13 percent currency adjusted. 
  • Maintenance revenue was SKr 505 million (YTD '13: SKr 447 million), an improvement of 12 percent currency adjusted. 
  • Consulting revenue amounted to SKr 689 million (YTD '13: SKr 633 million), an increase of 9 percent currency adjusted. 
  • Net revenue was SKr 1,439 million (YTD '13: SKr 1,299 million), an improvement of 10 percent currency adjusted. 
  • EBIT amounted to SKr 95 million (YTD '13: SKr -25 million). 
  • Cash flow after investments was SKr 163 million (YTD '13: SKr 86 million). 
  • Earnings per share after full dilution amounted to SKr 2.50 (YTD '13: SKr -1.23).

Outlook
For 2014, IFS expects strong license growth and a significant improvement in EBIT.

Contact Information

Oliver Pilgerstorfer, Corporate Communications. Telephone: 44 1494 428900, press@ifsworld.com

Frédéric Guigues, Investor Relations. Telephone: 46 8 58 78 45 00, frederic.guigues@ifsworld.com

About IFS

IFS™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld

Visit the IFS Blogs on technology, innovation and creativity: http://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 17, 2014 at 8:00 a.m. (CEST).


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Interim report erp ifs Applications ifs applications software global

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