JANUARY-JUNE 2011
- Total revenue decreased to SEK 558 m (664), with professional services revenue down to SEK 313 m (405) and hardware and other revenue amounted to SEK 127 m (136)
- Total license revenue amounted to SEK 118 m (123)
- EBITDA* improved to SEK -63 m (-72)
- Net earnings amounted to SEK -132 m (-121)
- Cash flow from operating activities for the first six months improved to SEK 17 m (-61)
- The result for the first half year has been burdened with one-off costs related to the public takeover and corporate development activities, of approximately 35 m.
| Summary January - June 2011SEK m |
2011 Jan-Jun |
2010Jan-Jun |
2010Jan-Dec |
| Total revenue |
558 |
664 |
1 300 |
| New license sales |
29 |
26 |
66 |
| Renewal revenue |
89 |
97 |
185 |
| Software licenses |
118 |
123 |
251 |
| Professional services revenue |
313 |
405 |
749 |
| Hardware and other revenue |
127 |
136 |
299 |
| Operating profit |
-125 |
-133 |
-196 |
| Earnings after financial items |
-131 |
-145 |
-214 |
| Net earnings |
-132 |
-121 |
-192 |
| EBITDA* |
-63 |
-72 |
-62 |
For more information, please contact:
Christian Paulsson
Acting CEO and COO, IBS AB
+46 (0) 8 627 45 36
Christian.Paulsson@ibs.net
Fredrik Sandelin
CFO and Head of HR, IBS AB
+46 (0) 8 627 23 00
Fredrik.Sandelin@ibs.net