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IAR B IAR Systems AB News Story

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Brief: IAR systems group Q3 net sales up to SEK 64.9 mln

Oct 21 (Reuters) - IAR Systems Group AB  IARB.ST  
    * Q3 net sales 64.9 million Swedish crowns versus 54.9 
million crowns 
    * Q3 operating profit 15.6 million crowns versus 15.4 
million crowns 
    * Q3 EBITDA 18.4 million crowns versus 17.9 million crowns 
    * Says Board's long-term target is to reach revenue growth 
of 10-15% annually in local currency and operating margin to 
exceed 20% over cycle  
 
Source text for Eikon:  ID:nWkrjt2549  
Further company coverage:  IARB.ST  
 
 ((gdynia.newsroom@thomsonreuters.com; +48586983920;)) 
 
Keywords: IAR SYSTEMS/RESULTS

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