Wednesday, April 16, 2014

IFS interim report January–March 2014

Continued strong growth

January–March 2014 (first quarter)

License revenue amounted to SKr 107 million (Q1 '13: SKr 86 million), an increase of 24 percent currency adjusted.

Maintenance revenue was SKr 249 million (Q1 '13: SKr 221 million), an improvement of 13 percent currency adjusted.

Consulting revenue amounted to SKr 335 million (Q1 '13: SKr 304 million), an increase of 11 percent currency adjusted.

Net revenue was SKr 694 million (Q1 '13: SKr 613 million), an improvement of 14 percent currency adjusted.

EBIT amounted to SKr 25 million (Q1 '13: SKr -91 million).

Cash flow after investments was SKr 133 million (Q1 '13: SKr 77 million).

Earnings per share after full dilution amounted to SKr 0.60 (Q1 '13: SKr -2.94).

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 2,200 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 April 16, 2014 at 8:00 a.m. (CEST). 

Contact Information

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer

Head of IR Frédéric Guigues

Phone: +46 8 58 78 45 00

Contact Frédéric Guigues