IFS Interim report January-September 2010

IFS Interim report January-September 2010

License revenue and earnings continue to grow

July-September 2010 (third quarter)
License revenue was SKr 99 million (Q3 '09: SKr 90 million), up 13%
adjusted for currency
Maintenance and support revenue was SKr 201 million (Q3 '09: SKr 196
million), up 6% adjusted for currency
Net revenue was SKr 612 million (Q3 '09: SKr 581 million)
EBIT improved to SKr 39 million (Q3 '09: SKr 19 million), an increase of
105%
Cash flow after investments was SKr -2 million (Q3 '09: SKr -63 million)

January-September 2010 (nine months)
Product revenue was SKr 872 million (YTD '09: SKr 835 million)
Net revenue was SKr 1,856 million (YTD '09: SKr 1,855 million)
EBIT improved to SKr 111 million (YTD '09: SKr 82 million), an increase
of 35%
Cash flow after investments improved to SKr 164 million (YTD '09: SKr 90
million)
Earnings per share after full dilution amounted to SKr 2.44 (YTD '09:
SKr 1.23)

Outlook
The outlook for the full year remains unchanged with moderate organic
growth anticipated, excluding the effects of acquisitions and currency
fluctuations.

Anne Vandbakk
Telefon: 47 66 90 73 00
Corporate Communications Director
anne.vandbakk@ifsworld.com (anne.vandbakk@ifsworld.com)

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com (frederic.guigues@ifsworld.com)