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IAR B IAR Systems AB News Story

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Brief: IAR Systems Q2 operating profit up at SEK 19.7 million

Aug 17 (Reuters) - IAR Systems Group AB  IARb.ST : 
    * Q2 net sales 79.1 million Swedish crowns ($9.30 million) versus 62.7 million crowns year 
ago 
    * Q2 operating profit 19.7 million crowns versus 12.7 million crowns year ago 
    * Sees long-term financial objective that IAR systems' net sales will increase by 10-15 pct 
annually in local currency and operating margin to exceed 20 pct over business cycle 
 
     
Source text for Eikon:  ID:nWkrhq3939  
     
Further company coverage:  IARb.ST  
 
($1 = 8.5018 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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