IAR Systems Group AB (publ) Interim Report Jan-Sept 2015

Best quarter ever!

January–September 2015

• Net sales of SEK 235.8m (189.6)
• EBITDA of SEK 76.1m (47.3)
• Operating profit of SEK 65.0m (39.7)
• Profit before tax of SEK 64.9m (40.1)
• Cash flow from operating activities of SEK 70.6 (54.4)
• Net cash of SEK 62.6m (57.2) at the end of the period
• EBITDA margin of 32.3% (24.9)
• Operating margin of 27.6% (20.9)
• Earnings per share of SEK 4.96 (3.12) after current tax
• Basic earnings per share of SEK 3.93 (2.53) and diluted earnings per share of SEK 3.93 (2.52)

July–September 2015

• Net sales of SEK 79.8m (64.9)
• EBITDA of SEK 28.9m (18.4)
• Operating profit of SEK 25.0m (15.6)
• Profit before tax of SEK 25.0m (15.6)
  • EBITDA margin of 36.2% (28.4)
  • Operating margin of 31.3% (24.0)
  • Basic earnings per share of SEK 1.49 (1.06) and diluted earnings per share of SEK 1.49 (1.06)

Key events during the period

• Launch of C-STAT as an add-on product