The Midcounties Co-operative selects IFS Applications to increase efficiency

| Source: Industrial & Financial Systems, IFS AB
IFS, the global enterprise applications company, announces that The Midcounties
Co-operative, the largest independent co-operative in the UK, has chosen IFS
Applications™ to help its finance, HR and payroll departments become more
efficient. There will be 500 direct users along with a further 9,500 self
-service employees using the new system.
The Midcounties Co-operative has a broad family of businesses, ranging from
large trading groups of food, travel, pharmacy, funeral and childcare to a
collection of post offices, energy provision and providing co-operative flexible

Some of their businesses operate throughout the UK, but their trading heartlands
are Oxfordshire, Gloucestershire, Buckinghamshire, Shropshire, Staffordshire,
the West Midlands, Wiltshire and Worcestershire.

Peter Dubois, Group Accountant, stated that “we chose IFS because of the deep
functional fit to our requirements, the relationship we built with the IFS team
and the ability to work directly with IFS on our implementation”.

The implementation project will begin immediately and is expected to be
completed in April 2015.
Contact Information
Mark Boulton
Telefon: 44 1494 428900
Chief Marketing Officer (

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
About IFS

IFS (™is a public company (XSTO: IFS)
founded in 1983 that develops (
-and-technology/), 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 (
-software/) & asset (
manufacturing (, supply
chain (, and
projects ( The company has 2,100
customers ( and is present in
approximately 60 countries with 2,800 employees in total. Net revenue in 2012
was SKr 2.7 billion.

More information on IFS is available at

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IFS discloses the information herein pursuant to the Financial Instruments Act
(1991:980) and/or the Securities Markets Act (2007:528). The information was
submitted for publication on December 27, 2013, at 8.30 a.m. CET.