IAR Systems Group AB (publ) Interim Report Jan-March 2014
Operating profit improved by 40%
Operating margin was 18.4% (14.0%)
January – March 2014
• Net sales of SEK 62.0m (57.7)
• Operating profit of SEK 11.4m (8.1)
• Profit before tax of SEK 11.6m (8.1)
• Cash flow from operating activities of SEK
13.8m (1.9)
• Net cash at the end of the quarter was SEK 93.8m (46.7)
• Operating margin of 18.4% (14.0).
• Earnings per share after current tax amounted to SEK
0.87 (0.64)
• Earnings per share of SEK 0.69 (0.53) before dilution
and SEK 0.67 (0.49) after dilution
Key events during the quarter
• Launch of C-RUN add-on product for runtime analysis of developed code
• The new issue of 190,000 class B shares through the exercise of
subscription warrants provided the company with proceeds of SEK 6.5