Brief: IAR Systems Q4 operating profit up at SEK 18.4 mln

IAR Systems AB

10/02/2016 08:00

Feb 10 (Reuters) - IAR Systems Group AB  IARb.ST : 
    * Q4 net sales 75.9 million Swedish crowns ($9.03 million) versus 66.1 million crowns year 
ago 
    * Q4 operating profit 18.4 million crowns versus 13.5 million crowns year ago 
    * To pay ordinary dividend of 5.0 crowns per share for 2015 
    * Proposes additional dividend of 2.00 crowns per share 
    * Financial goal is to increase sales by 10 - 15 pct annually in local currency and 
operating margin to exceed 25 pct (previously 20 pct) over a business cycle 
 
Source text for Eikon:  ID:nWkrbi1133  
Further company coverage:  IARb.ST  
 
($1 = 8.4036 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))