Brief: IAR Systems Q2 operating profit up at SEK 22.1 million
18/08/2016 08:00
Aug 18 (Reuters) - IAR Systems Group AB IARb.ST :
* Q2 net sales 81.8 million Swedish crowns ($9.77 million)
versus 79.1 million crowns year ago
* Q2 operating profit 22.1 million crowns versus 19.7
million crowns year ago
* Financial target is net sales to increase by 10-15 pct
annually in local currency and operating margin to exceed 25 pct
over a business cycle
Source text for Eikon: ID:nWkrhq1504
Further company coverage: IARb.ST
($1 = 8.3721 Swedish crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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