IBS Interim report January-March 2007

IBS Interim report January-March 2007

• Total revenue amounted to SEK 541 m (562).

• Net profit amounted to SEK -9 m (10).

• Earnings per share amounted to SEK -0.11 (0.13).

• Operating profit amounted to SEK -10 m (13).

• Earnings after financial items totaled SEK -9 m (15).

• Cash flow from operating activities amounted to SEK 103 m (69).

• The action program continues according to plan. A contract was signed for the
establishment of a new resource center in Portugal and an outsourcing
partnership with FDS Infotech in India. 

• The first customer agreement pertaining to the pilot installation of the
Windows version pf IBS Enterprise was signed. 

Forecast for full-year 2007
Through the action program, IBS anticipates an operating margin of approximately
7% for the full-year 2007

Summary of Q1-              Q1 2007           Q1 2006          Change %
2007
Total revenue,                  541               562                -4%
SEK m
- New sales                      39                48                   
- Renewal revenue                63                65                   
Software                        102               113               -10%
licenses, SEK m                                                         
License margin                  93%               91%            +2 p.p.
Professional                    309               325                -5%
services revenue,
SEK m
Professional                    24%               25%            -1 p.p.
services margin
Hardware and                    130               123                +6%
other revenue,
SEK m
Hardware and                    16%               19%            -3 p.p.
other margin
Operating profit,               -10                13                   
SEK m                                                                   
Profit after                     -9                15                   
financial items,                                                        
SEK m


Operating margin,              4.0%              3.3%   +0.7  percentage
rolling 12-month                                                  points
basis *
* Excluding restructuring costs and capital gain from the sale of
subsidiaries.


A telephone and web conference will be held in conjunction with the publication
of IBS Q1 Results 2007.

The presentation is held on 9 May at 10 a.m. (CET).

IBS Group participants are Erik Heilborn, President and CEO, Peter Tauberman,
Acting CFO CFO, and John Womack, Senior Vice President Communications and IR.
The presentation will be held in English.

If you wish to join the telephone conference, please dial:
SWE +46 (0)8 5853 6966 
UK +44 20 7138 0845
The presentation can also be followed via www.ibs.net or
www.financialhearings.com

IBS, (XSSE: IBS B) is a world leading provider of supply chain management
solutions for distribution, demand-driven manufacturing, financials and business
intelligence with group revenue of EUR 255 m. IBS' primary focus is large and
mid-sized distributors as well as sales and manufacturing companies in
international groups. http://www.ibs.net