I.A.R. Systems Group AB (publ) Interim Report Jan-Sept 2020

Strengthened cash flow and increased number of strategic customers in Asia  

Net sales SEK 88.9m (100.0), EBITDA SEK 36.8m (37.5)
 

JANUARY–SEPTEMBER 2020
› EBITDA of SEK 100.2m (108.8), corresponding to an
EBITDA margin of 35.6% (36.4)
› Operating profit of SEK 64.8m (81.3), corresponding to
an operating margin of 23.0% (27.2)
› Profit before tax of SEK 62.3m (79.8)
› Basic earnings per share of SEK 3.48 (4.49) and diluted
earnings per share of SEK 3.47 (4.48)
› Cash flow from operating activities of SEK 90.6m (75.2)
› Net cash of SEK 0.4m (11.7) at the end of the period
 
JULY–SEPTEMBER 2020
› EBITDA of SEK 36.8m (37.5), corresponding to an
EBITDA margin of 41.4% (37.5)
› Operating profit of SEK 25.4m (28.1), corresponding to an
operating margin of 28.6% (28.1)
› Profit before tax of SEK 24.9m (28.8)
› Basic earnings per share of SEK 1.37 (1.58) and diluted
earnings per share of SEK 1.37 (1.58)
› Cash flow from operating activities of SEK 32.7m (27.3)

KEY EVENTS
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
November 5, 2020, at 1:00 p.m. CET.