I.A.R. Systems Group AB (publ) Interim Report July-Sept 2022

Q3 2022 Net sales SEK 106.1m (87.9), EBITDA SEK 34.2m (35.0)

JULY–SEPTEMBER 2022

› Net sales growth of 20.6%, and 10.8% adjusted for foreign
exchange effects.
› EBITDA of SEK 34,2m (35.0), corresponding to an
EBITDA margin of 32,2% (39.8).
› Operating profit of SEK 22,1m (20.9), corresponding to
an operating margin of 20,8% (23.8).
› Capitalized work on own account was SEK 11.3 m(13.7).
› In a year-on-year comparison, currency translation
had a positive impact of SEK 8.6m on net sales and a
positive impact of SEK 5.1m on operating profit for the
quarter.
› Cash flow from operating activities amounted to
SEK 47.4m (41.4).

KEY EVENTS DURING THE THIRD QUARTER

› No key events during the period

This disclosure contains information that IAR Systems Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 27-10-2022 13:00 CET.

About IAR Systems

IAR Systems supplies future-proof software solutions and services for embedded development, enabling companies worldwide to create and secure the products of today and the innovations of tomorrow. Since 1983, IAR Systems’ solutions have ensured quality, reliability and efficiency in the development of over one million embedded applications. The company is headquartered in Uppsala, Sweden and has sales and support offices all over the world. IAR Systems Group AB is listed on NASDAQ OMX Stockholm, Mid Cap. Learn more at www.iar.com.