IAR Systems Group AB (publ) Interim Report Jan-March 2016

Net sales of SEK 80m, EBITDA of SEK 23m

Cash flow of SEK 22m, operating margin of 24%

January–March 2016

Events after the end of the reporting period

In April 2016, IAR Systems signed an exclusive royalty agreement with Renesas Electronics Corporation for Renesas Synergy Platform, an all-inclusive solution for innovative product development within new emerging technologies such as the Internet of Things. The new agreement will provide revenue from royalties for each microprocessor used in the products the customer eventually manufactures. The agreement covers all Renesas Synergy Platform microcontrollers.

Stefan Skarin, CEO, IAR Systems Group AB
email stefan.skarin@iar.com

Download

We do no longer support Internet Explorer. To get the best experience of iar.com, we recommend upgrading to a modern browser such as Chrome or Edge.