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IAR B IAR Systems AB News Story

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Brief: IAR Systems Group Q3 operating profit grows to SEK 25.0 million

Oct 22 (Reuters) - IAR Systems Group AB  IARb.ST : 
    * Q3 net sales 79.8 million Swedish crowns ($9.6 million) versus 64.9 million crowns year 
ago 
    * Q3 operating profit 25.0 million crowns versus 15.6 million crowns year ago 
    * Board's long-term financial objective is that IAR Systems' net sales to increase by 10-15 
pct annually in local currency and operating margin to exceed 20 pct over a business cycle 
 
Source text for Eikon:  ID:nWkrjv2187  
     
Further company coverage:  IARb.ST  
 
($1 = 8.3249 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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