Interim report January–June 2015


Strong license growth
April–June 2015 (second quarter)

  · License revenue amounted to SKr 181 million (Q2 '14: SKr 134 million), an
increase of 25 percent currency adjusted.
  · Maintenance revenue was SKr 287 million (Q2 '14: SKr 256 million), an
improvement of 3 percent currency adjusted.
  · Consulting revenue amounted to SKr 396 million (Q2 '14: SKr 354 million), an
increase of 5 percent currency adjusted.
  · Net revenue totaled SKr 867 million (Q2 '14: SKr 745 million), an
improvement of 8 percent currency adjusted.
  · Adjusted EBITDA was SKr 96 million (Q2 '14: SKr 85 million). EBIT amounted
to SKr 64 million (Q2 '14: SKr 70 million).
  · Cash flow after investments was SKr -8 million (Q2 '14: SKr 30 million).
  · Earnings per share after full dilution amounted to SKr 1.83 (Q2 '14: SKr
1.91).

January–June 2015 (six months)

  · License revenue amounted to SKr 296 million (YTD '14: SKr 241 million), an
increase of 12 percent currency adjusted.
  · Maintenance revenue was SKr 578 million (YTD '14: SKr 505 million), an
improvement of 4 percent currency adjusted.
  · Consulting revenue amounted to SKr 770 million (YTD '14: SKr 689 million),
an increase of 4 percent currency adjusted.
  · Net revenue totaled SKr 1,649 million (YTD '14: SKr 1,439 million), an
improvement of 5 percent currency adjusted.
  · Adjusted EBITDA was SKr 159 million (YTD '14: SKr 135 million). EBIT
amounted to SKr 115 million (YTD '14: SKr 95 million).
  · Cash flow after investments was SKr 64 million (YTD '14: SKr 163 million).
  · Earnings per share after full dilution amounted to SKr 3.33 (YTD '14: SKr
2.50).

Outlook
For 2015, IFS expects good growth in both license revenue and EBIT.
Oliver Pilgerstorfer, Corporate Communications. Telephone: 44 1494 428900,
press@ifsworld.com

Frédéric Guigues, Investor Relations. Telephone: 46 8 58 78 45 00,
frederic.guigues@ifsworld.com
About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing
and delivering enterprise software for enterprise resource planning (ERP),
enterprise asset management (EAM) and enterprise service management (ESM). IFS
brings customers in targeted sectors closer to their business, helps them be
more agile and enables them to profit from change. IFS is a public company
(XSTO: IFS) founded in 1983 and currently has over 2,700 employees. IFS supports
more than 2,400 customers worldwide from its network of local offices and
through a growing ecosystem of partners. For more information visit:
www.ifsworld.com.

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)

Visit the IFS Blog on technology, innovation and creativity:
http://blog.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 July 21, 2015 at 8:00 a.m.
(CEST).

Attachments

07205735.pdf