STOCKHOLM, Sweden, July 22, 2003 (PRIMEZONE) -- Interim report April-June 2003
-- Pre-tax profit for the second quarter amounted to SEK - 34m, which is a SEK 30m improvement compared to last year (SEK -64m).
-- Software revenue grew by 5% during the second quarter, compared to the equivalent period last year.
-- Operating costs during the quarter fell by 18% compared to the equivalent period last year.
-- A slight recovery of the investment climate has been seen in several countries.
-- The full-year forecast for 2003 remains unchanged, i.e. a pre-tax profit is expected, on condition that the market is not subject to significant deterioration.
Information plan -- The interim report for July-September will be published 24 October. -- The year-end report for the full year 2003 will be published 29 January, 2004.
Magnus Wastenson CEO
This report has not been audited.
Questions concerning this report will be answered by CEO Magnus Wastenson tel. +46-70-627 2515, magnus.wastenson@ibs.se or CFO Per-Arne Sendren, tel. +46-70-627 2360, per-arne.sendren@ibs.se
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The full report is available for download:
http://www.waymaker.net/bitonline/2003/07/22/20030722BIT00020/wkr0001.doc
http://www.waymaker.net/bitonline/2003/07/22/20030722BIT00020/wkr0002.pdf