IAR Systems Group Interim Report January-March 2012

Sales up by 27% and earnings doubled

  • Net sales of SEK 58.0m (45.8)
  • Operating profit of SEK 8.0m (3.8)
  • Profit before tax of SEK 7.6m (3.7)
  • Cash flow from operating activities of SEK 1.3m (-4.1) and net cash of SEK
    30.8m (17.7) at the end of the quarter
  • Operating margin of 13.8% (8.3)
  • Earnings per share, calculated on profit from continuing operations, of SEK
    0.62 (0.32) after paid tax
  • In local currency, net sales for the quarter rose by 26% in the Americas,
    20% in Europe and 20% in Asia

Key events during the period

  • IAR Systems opens a sales office in Seoul, South Korea
  • I-jet launched and sales started at the end of the quarter

The english Year-end-report is a translation of the Swedish original. In event of discrepancy between the English translation and the Swedish original,  the original Swedish version shall prevail.

Download (PDF)

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.