IFS Interim report January–September 2010
License revenue and earnings continue to grow
July–September 2010 (third quarter)
License revenue was SKr 99 million (Q3 '09: SKr 90 million), up 13% adjusted for currency
Maintenance and support revenue was SKr 201 million (Q3 '09: SKr 196 million), up 6% adjusted for currency
Net revenue was SKr 612 million (Q3 '09: SKr 581 million)
EBIT improved to SKr 39 million (Q3 '09: SKr 19 million), an increase of 105%
Cash flow after investments was SKr -2 million (Q3 '09: SKr -63 million)
January–September 2010 (nine months)
Product revenue was SKr 872 million (YTD '09: SKr 835 million)
Net revenue was SKr 1,856 million (YTD '09: SKr 1,855 million)
EBIT improved to SKr 111 million (YTD '09: SKr 82 million), an increase of 35%
Cash flow after investments improved to SKr 164 million (YTD '09: SKr 90 million)
Earnings per share after full dilution amounted to SKr 2.44 (YTD '09: SKr 1.23)
Outlook
The outlook for the full year remains unchanged with moderate organic growth anticipated, excluding the effects of acquisitions and currency fluctuations.
Anne Vandbakk
Telefon: 47 66 90 73 00
Corporate Communications Director
anne.vandbakk@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 built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2009 was SKr 2.6 billion. More information is available at www.IFSWORLD.com.
IFS discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on October 27, 2010 at 8:00 a.m. (CET).
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, Box 1545, SE-581 15 Linköping.
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