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EANS-News: IBS AG excellence, collaboration, manufacturing Announces Preliminary Figures

Geschrieben am 25-03-2011

Sustainable Increase in Turnover and EBIT in 2010

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information/Preliminary Figures 2010

Subtitle: Sustainable Increase in Turnover and EBIT in 2010

Hoehr-Grenzhausen (euro adhoc) - - Consolidated turnover increased 16
per cent to 21.3M EUR - Earnings per Share rose over 80 per cent to
0.35 EUR - High volume of orders on hand to the sum of 13.3M EUR (20
per cent increase) - Liquid funds amounting to over 7.2M EUR (approx.
1.05 EUR per Share) - 30 per cent increase in turnover to 6.5M EUR
during Q4, with a 14 per cent EBIT margin

Hoehr-Grenzhausen, 25th March 2011: IBS AG is a leading supplier of
cross-company software solutions for quality, production and
compliance management. The Company was able to sustain profitable
growth during the 2010 financial year.

Preliminary Figures for the 2010 Financial Year

During the period under review, turnover rose 16 per cent to 21.3M
EUR (previous year 18.3M EUR), thus reaching the level previously
held before the economic crisis. Turnover from software and
maintenance business accounted for 61 per cent of overall turnover.
Earnings before interest and taxes (EBIT) amounted to 2.4M EUR
(previous year: 1.3M EUR), resulting in an EBIT margin of 11 per
cent. The annual surplus per Share (Earnings per Share) (undiluted)
rose 84 per cent to 0.35 EUR (previous year: 0.19 EUR).

The volume of orders on hand for the Corporate Group amounted to
13.3M EUR. This volume remained very high (previous year: 11.1M EUR)
and comprises turnover from projects and maintenance for the next 12
months. Cash flow from operating activities increased 73 per cent,
amounting to 2.66M EUR (previous year: 1.54M EUR). As at 31.12.2010
IBS AG held liquid funds to the sum of 7.2M EUR (previous year: 6.4M
EUR), which corresponds to over one EUR per Share. The shareholders´
equity ratio for the balance sheet total of 24.77M EUR (previous
year: 21.52M EUR) corresponded to 65 per cent, enabling IBS AG to
operate largely independently of banks.

Preliminary Figures for the Fourth Quarter 2010

The result for the fourth quarter of 2010 was one of the best
quarterly results in the Company's history, with IBS AG achieving a
30 per cent increase in turnover, which amounted to 6.5M EUR (Q4
2009: 5M EUR). The 30 per cent increase in earnings before interest
and taxes (EBIT) to 935K EUR (previous year: 691K EUR) was equally
notable. The EBIT margin corresponded to 14 per cent.

Outlook 2011

Leading market research institutes once again anticipate a positive
development of the software and IT services market in 2011. The Board
of Management agrees with this evaluation, anticipating a
double-figured percentage of growth in turnover for the 2011
financial year. This growth, which should be achieved organically,
may also be generated on a non-organic basis.

The market for industrial software solutions for productivity
management is highly fragmented. IBS AG is one of the largest
providers in this field, offering an integrated, sector-independent
MES (Manufacturing Execution System) solution.

One significant growth market being addressed is that of China. IBS
is currently in the process of founding a wholly-owned sales and
project company based in Shanghai, PRC. The business licence should
be granted in the second quarter of 2011, which will enable the
Company the active handling of sales and projects from the Shanghai
location. IBS AG has been operating on the Chinese market for a
number of years and is currently represented by approximately 50
installations and a support site. A significant increase in demand
during the last financial year has led IBS AG to launch its own
subsidiary for future representation on this market.

The new venture is aimed at generating further growth in the
automotive, electronics, energy and medical technology industries in
Europe, North America and Asia.

The finalised Consolidated Accounts 2010 will be announced on 31st
March 2011, within the scope of the 2010 Annual Report, and will be
available for download from www.ibs-ag.de following announcement.

About IBS AG IBS AG is a leading supplier of cross-company standard
software systems and consulting services for industrial quality,
production, traceability and compliance management. In keeping with
the corporate philosophy "The Productivity Advantage", IBS AG's Best
Practice solutions contribute to a sustainable boost in corporate
productivity. IBS customers receive the support of a team of
experienced consultants and specialists throughout each phase of the
project and beyond. IBS AG, founded in 1982, today employs
approximately 200 personnel in Europe and the USA. The Company is
listed in the Prime Standard of the German Stock Exchange in
Frankfurt/Main (ISIN DE0006228406) and is also member of the
GEX-German Entrepreneurial Index. IBS AG software installations
amount to over 4,000 worldwide and can be found at companies such as
Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler,
Electronic Networks, FCI Automotive, Goodyear, Kimberly Clark,
KEIPER, Liebherr, Magna Automotive, Kautex Textron, Parker Hannifin,
Procter & Gamble, Rock Tenn, Porsche, Siemens, SMA Solar Technology,
ThyssenKrupp and W.L. Gore.

end of announcement euro adhoc
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ots Originaltext: IBS AG excellence, collaboration, manufacturing
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Nina Yvonne Slegers, IBS AG
Investor Relations
Rathausstrasse 56, 56203 Hoehr-Grenzhausen, Germany
Tel. +49 2624 9180-424, Fax +49 (0) 2624 9180-966
e-mail: investorrelations@ibs-ag.de
URL: www.ibs-ag.de

Branche: Software
ISIN: DE0006228406
WKN: 622840
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade


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