IFS Interim Report January–September 2012: Double-digit increase in license sales and maintenance revenue

July–September 2012 (third quarter)
License revenue amounted to SKr 109 million (Q3 '11: SKr 98 million), an increase of 13 percent currency adjusted.
Maintenance revenue was SKr 224 million (Q3 '11: SKr 208 million), an improvement of 10 percent currency adjusted.
Consulting revenue amounted to SKr 268 million (Q3 '11: SKr 288 million), a decrease of 4 percent currency adjusted.
Net revenue was SKr 612 million (Q3 '11: SKr 596 million), an improvement of 5 percent currency adjusted.
EBIT amounted to SKr 28 million (Q3 '11: SKr 45 million).
Earnings per share after full dilution amounted to SKr 0.82 (Q3 '11: SKr 1.26).

January–September 2012 (nine months)
License revenue amounted to SKr 284 million (YTD '11: SKr 265 million), an increase of 7 percent currency adjusted.
Maintenance revenue was SKr 678 million (YTD '11: SKr 603 million), an improvement of 12 percent currency adjusted.
Consulting revenue amounted to SKr 930 million (YTD '11: SKr 956 million), a decrease of 3 percent currency adjusted.
Net revenue was SKr 1,907 million (YTD '11: SKr 1,831 million), an improvement of 4 percent currency adjusted.
EBIT amounted to SKr 66 million (YTD '11: SKr 107 million).
Cash flow after investments was SKr -96 million (YTD '11: SKr 76 million).
Earnings per share after full dilution amounted to SKr 1.60 (YTD '11: SKr 2.67).

Outlook
For the full year, IFS expects strong organic license growth and EBIT in line with last year.

Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 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 some 60 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion. More information is available at www.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 October 25, 2012 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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