IBS Interim report January-March 2007 - Total revenue amounted to SEK 541 m (562).
- Net profit amounted to SEK -9 m (10).
- Earnings per share amounted to SEK -0.11 (0.13).
- Operating profit amounted to SEK -10 m (13).
- Earnings after financial items totaled SEK -9 m (15).
- Cash flow from operating activities amounted to SEK 103 m (69).
- The action program continues according to plan. A contract was signed for the establishment of a new resource center in Portugal and an outsourcing partnership with FDS Infotech in India.
- The first customer agreement pertaining to the pilot installation of the Windows version pf IBS Enterprise was signed.
Forecast for full-year 2007
Through the action program, IBS anticipates an operating margin of approximately 7% for the full-year 2007 | Summary of Q1-2007 | Q1 2007 | Q1 2006 | Change % | | Total revenue, SEK | 541 | 562 | -4% |
- New sales
- Renewal revenue
Software licenses, SEK m
| 39
63
102 | 48
65
113 | -10% | | License margin | 93% | 91% | +2 p.p. | | Professional services revenue, SEK m | 309 | 325 | -5% | | Professional services margin | 24% | 25% | -1 p.p. | | Hardware and other revenue, SEK m | 130 | 123 | +6% | | Hardware and other margin | 16% | 19% | -3 p.p. | | Operating profit, SEK m | -10 | 13 | | | Profit after financial items, SEK m | -9 | 15 | | | Operating margin, rolling 12-month basis* | 4.0% | 3.3% | +0.7 percentage points |
*Excluding restructuring costs and capital gain from the sale of subsidiaries
A telephone and web conference will be held in conjunction with the publication of IBS Q1 Results 2007.
The presentation is held on 9 May at 10 a.m. (CET). IBS Group participants are Erik Heilborn, President and CEO, Peter Tauberman, Acting CFO CFO, and John Womack, Senior Vice President Communications and IR. The presentation will be held in English. If you wish to join the telephone conference, please dial:
SWE +46 (0)8 5853 6966
UK +44 20 7138 0845
The presentation can also be followed via www.ibs.net or www.financialhearings.com IBS, (XSSE: IBS B) is a world leading provider of supply chain management solutions for distribution, demand-driven manufacturing, financials and business intelligence with group revenue of EUR 255 m. IBS' primary focus is large and mid-sized distributors as well as sales and manufacturing companies in international groups. http://www.ibs.net | 
