Wednesday, February 05, 2014

IFS year-end report 2013

strong license growth

October–December 2013 (fourth quarter)
License revenue amounted to SKr 208 million (Q4 '12: SKr 183 million), an increase of 19 percent currency adjusted.
Maintenance revenue was SKr 239 million (Q4 '12: SKr 231 million), an improvement of 6 percent currency adjusted.
Consulting revenue amounted to SKr 341 million (Q4 '12: SKr 353 million), a decrease of 1 percent currency adjusted.
Net revenue was SKr 790 million (Q4 '12: SKr 769 million), an improvement of 6 percent currency adjusted.
EBIT amounted to SKr 164 million (Q4 '12: SKr 131 million).
Cash flow after investments was SKr 83 million (Q4 '12: SKr 55 million).
Earnings per share after full dilution amounted to SKr 4.99 (Q4 '12: SKr 3.70).

January–December 2013 (full year)
License revenue amounted to SKr 534 million ('12: SKr 467 million), an increase of 19 percent currency adjusted.
Maintenance revenue was SKr 924 million ('12: SKr 909 million), an improvement of 5 percent currency adjusted.
Consulting revenue amounted to SKr 1,276 million ('12: SKr 1,283 million), an increase of 3 percent currency adjusted.
Net revenue was SKr 2,740 million ('12: SKr 2,676 million), an improvement of 6 percent currency adjusted.
EBIT amounted to SKr 204 million ('12: SKr 200 million).
Cash flow after investments was SKr 120 million ('12: SKr -41 million).
Earnings per share after full dilution amounted to SKr 5.72 ('12: SKr 5.39).
Proposed dividend for 2013 amounting to SKr 3.50 per share ('12: SKr 3.50).

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

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 2,100 customers and is present in approximately 60 countries with 2,600 employees in total. Net revenue in 2013 was SKr 2.7 billion.
More information on IFS is available at www.IFSWORLD.com
Follow us on Twitter: @ifsworld.
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 February 5, 2014 at 8:00 a.m. (CET).

Contact Information

Chief Marketing Officer Mark Boulton

Phone: +44 1494 428900

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Head of IR Frédéric Guigues

Phone: +46 8 58 78 45 00

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