IAR Systems Group AB (publ) Interim Report Jan-March 2017

Continued profitable growth

Sales for the period of SEK 86.4m and EBITDA of SEK 30.6m
Operating margin of 30% and cash flow of SEK 26.5m

January-March 2017
• Net sales of SEK 86.4m (80.5)
• EBITDA of SEK 30.6m (23.1), corresponding to an EBITDA margin of 35.4% (28.7)
• Operating profit of SEK 26.2m (19.2), corresponding to an operating margin of 30.3% (23.9)
• Profit before tax of SEK 25.4m (19.2)
• Basic earnings per share of SEK 1.49 (1.20) and diluted earnings per share of SEK 1.49 (1.20)
• Earnings per share of SEK 1.94 (1.51) after current tax
• Cash flow from operating activities of SEK 26.5m (22.0)
• Net cash of SEK 118.0m (103.9) at the end of the period

Key events after the end of the reporting period

IAR Systems supplemented its data security product portfolio through an equity stake in SecureThingz

IAR Systems is the world’s leading supplier of software tools for developing embedded systems applications. The software enables over 19,000 large and small companies to develop premium products based on 8-, 16-, and 32-bit microcontrollers, mainly in the areas of industrial automation, medical devices, consumer electronics, telecommunication, and automotive products. IAR Systems has an extensive network of partners and cooperates with the world’s leading semiconductor vendors. IAR Systems Group AB is listed on NASDAQ OMX Stockholm. For more information, please visit www.iar.com