I.A.R. Systems Group AB (publ) Interim Report Jan-March 2022

Q1 2022
Net sales SEK 97.4m (88.9), EBITDA SEK 30.3m (29.8)

› EBITDA of SEK 30.3m (29.8), corresponding to an
EBITDA margin of 31.1% (33.5)
› Operating profit of SEK 17.3m (17.0), corresponding to
an operating margin of 17.8% (19.1)
› Profit before tax of SEK 16.4m (16.4)
› Basic earnings per share of SEK 0.88 (0.94) and diluted
earnings per share of SEK 0.88 (0.94)
› Cash flow from operating activities of
SEK 28.8m (22.0)
› Net cash of SEK 72.0m (3.0) at the end of the quarter

The nominating committee announced a proposal that the
Annual General Meeting (AGM) on April 26, 2022 elect Sabina
Lindén as a new Board member. Current Board members
Kent Sander and Richard Lind have declined re-election.

This information is inside information that I.A.R. Systems Group
AB (publ) is obliged to make public pursuant to the EU Market
Abuse Regulation. The information was submitted for publication,
through the agency of the contact person set out below, on
April 26, 2022 at 1:00 p.m. CEST.

Contact person: Josefin Skarin, Investor Contact, I.A.R. Systems
Group AB, Email: josefin.skarin@iar.com