I.A.R. Systems Group AB (publ) Interim Report Jan-June 2020
Second quarter characterized by strategic transactionsNet sales SEK 100.1m (99.0), EBITDA SEK 36.8m (32.9)
JANUARY–JUNE 2020
› EBITDA of SEK 63.4m (71.3), corresponding to an
EBITDA margin of 33.0% (35.9)
› Operating profit of SEK 39.4m (53.2), corresponding to
an operating margin of 20.5% (26.8).
› Profit before tax of SEK 37.4m (51.0)
› Basic earnings per share of SEK 2.11 (2.91) and diluted
earnings per share of SEK 2.10 (2.90)
› Cash flow from operating activities of
SEK 57.9m (47.9)
› Net debt of SEK 10.1m (18.4) at the end of the period
APRIL–JUNE 2020
› EBITDA of SEK 36.8m (32.9), corresponding to an
EBITDA margin of 36.8% (33.2)
› Operating profit of SEK 25.0m (23.8), corresponding to an
operating margin of 25.0% (24.0).
› Profit before tax of SEK 23.1m (21.8)
› Basic earnings per share of SEK 1.29 (1.23) and diluted
earnings per share of SEK 1.29 (1.22)
› Cash flow from operating activities of SEK 42.9m (28.8)
EVENTS AFTER THE END OF THE PERIOD
› Due to the ongoing COVID-19 pandemic, the Board decided
not to propose any dividends for the 2019 financial year.
As a result of this decision, the Board will not convene an
extraordinary general meeting.
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, by the contact person set out below, on
August 19, 2020, at 2:00 p.m. CEST.
Contact person: Josefin Skarin, Investor Contact, I.A.R. Systems
Group AB, Email: josefin.skarin@iar.com