IFS is a public company (OMX STO: 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.
The outlook for the full year remains unchanged, with moderate growth anticipated, excluding the effects of acquisitions.
The Q1 report 2010 of IFS was published Wednesday, April 21, at 08.00 am CET(GMT +1).
By the link below you can listen to the presentation of the Q1 report. The speaker is Alastair Sorbie, CEO of IFS.
Interim report Q2:July 21, 2010
Interim report Q3:October 27, 2010
Corporate governance practices define the decision-making systems and structure through which owners directly or indirectly control a company. Compliance with applicable parts of the Swedish Code of Corporate Governance and its guidelines is an objective for IFS.
Risks at IFS are managed close to the operation. Risk management is integrated into the company’s activities. The main identified risks at IFS are commercial risks, financial risks, and operational risks. The Board is ultimately responsible for the company’s risk management activities.
IFS is currently followed by the brokerage firms listed below.
Enskilda Securities, Andreas JoelssonPhone: +46 8 52 22 96 18E-mail: andreas.joelsson@enskilda.se
Goldman Sachs, Mohammed MoawallaPhone: +44 20 7774 1726E-mail: mohammed.moawalla@gs.com
Nordea, Daniel DjurbergPhone: +46 707 661 700E-mail: daniel.djurberg@nordea.comPlease note that any opinions, estimates or forecasts regarding IFS’s performance made by these analysts are theirs alone and do not represent opinions, estimates, or forecasts of IFS or its management. IFS does not by its reference above imply its endorsement of or concurrence with such information, conclusions, or recommendations. The list includes analysts currently known by IFS to follow the company, but may not be complete and may change as firms add or delete coverage. IFS does not distribute information or reports prepared by analysts.
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