Interim report January-March 2011

Interim report January-March 2011 — Strong growth in revenue and
earnings

JANUARY-MARCH 2011 (FIRST QUARTER)

  · License revenue amounted to SKr 74 million (Q1 '10: SKr 65 million),
an improvement of 23 percent currency adjusted.
  · Maintenance revenue was SKr 196 million (Q1 '10: SKr 199 million),
an improvement of 6 percent currency adjusted.
  · Consulting revenue amounted to SKr 335 million (Q1 '10: SKr 322
million), an improvement of 12 percent currency adjusted.
  · Net revenue was SKr 607 million (Q1 '10: SKr 589 million) an
improvement of 11 percent currency adjusted.
  · EBIT amounted to SKr 10 million (Q1 '10: SKr 8 million). Cash flow
after investments was SKr 43 million (Q1 '10: SKr 74 million).
  · Earnings per share after full dilution amounted to SKr 0.15 (Q1 '10:
SKr 0.11).

 

OUTLOOK
IFS expects good organic growth in 2011, with stronger license sales and
an improvement in EBIT

INQUIRIES
IFS
Alastair Sorbie, President & CEO  Tel:  +44 1494 42 89 00
Paul Smith, Chief Financial Officer  Tel:  +44 1494 42 89 00
Frédéric Guigues, Investor Relations  Tel:  +46 8 58 78 45 00
Interim report January-March 2011 — Strong growth in revenue and earnings

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