January-June 2009

IFS reports improved EBIT and strongest cash flow to date

Net revenue amounted to SKr 640 million (606) during the second quarter, a growth of 6% including, and a decrease of 3% excluding, exchange rate differences.

Product revenue increased by 1% to SKr 279 million (276) during the second quarter: license revenue decreased by SKr 25 million to SKr 86 million (111) whereas maintenance and support revenue increased by SKr 28 million to SKr 193 million (165).

Consulting revenue increased by 10% to SKr 357 million (324) during the second quarter.

EBIT for the second quarter amounted to SKr 33 million (4).

Cash flow after investments during the second quarter amounted to SKr 32 million (–46).

Cash flow after investments for 12 months rolling amounted to SKr 163 million (151).

Net revenue increased to SKr 1,274 million (1,162) during the first six months.

Earnings for the first six months amounted to SKr 27 million (1), with earnings per share after dilution amounting to SKr 1.00 (0.04).

Interim Report 2009 Q2 — PDF-file (223KB)

Interim Report 2009 Q2 Presentation — PDF-file (475KB)