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2022-08-17

IAR Systems Group AB: I.A.R. Systems Group AB (publ) Interim Report Apr-June 2022

Q2 2022
Net sales SEK 107.6m (87.4), EBITDA SEK 31.9m (25.9)

APRIL-JUNE 2022

› Growth in net sales was 23.2% and 14.0%, adjusted for
foreign exchange effects.
› EBITDA of SEK 31.9m (25.9), corresponding to an EBITDA
margin of 29.6% (29.6)
› Operating profit of SEK 19.6m (12.6), corresponding to
an operating margin of 18.2% (14.4)
› Profit before tax of SEK 19.1m (11.4)
› Basic earnings per share of SEK 1.05 (0.68) and diluted
earnings per share of SEK 1.05 (0.68)
› In a year-on-year comparison, currency translation
had a positive impact of SEK 8.1m on net sales and a
positive impact of SEK 4.4m on operating profit for the
quarter.
› Cash flow from operating activities amounted to SEK
26.0m (27.6)

KEY EVENTS DURING THE PERIOD
› New Board elected at the Annual General Meeting on
April 26. Sabina Lindén was elected as a new member and
Kent Sander stepped down.
› Long Term Incentive (LTI) 2022 was approved at the Extraordinary
General Meeting on June 13.

This information is inside information that I.A.R. Systems Group
AB (publ) is obliged to make public pursuant to the EU Market
Abuse Regulation. The information was submitted for publication,
through the agency of the contact person set out below, on
August 17, 2022 at 1:00 p.m. CEST.

Contact persons:

Ann Zetterberg, CFO, IAR Systems Group AB
Email:ann.zetterberg@iar.com
Richard Lind, CEO, IAR Systems
Email: richard.lind@iar.com

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