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Last kr106.75 SEK
Change Today +3.50 / 3.39%
Volume 525.3K
IARB On Other Exchanges
As of 11:30 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

iar systems group ab (IARB) Snapshot

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52 Week High
04/10/15 - kr117.93
52 Week Low
10/20/14 - kr59.71
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iar systems group ab (IARB) Details

I.A.R. Systems Group AB (publ) provides software tools for the programming of processors in embedded systems worldwide. The company's development tools are used by approximately 14,000 companies to program processors that control products in the areas of industrial automation, medical devices, consumer electronics, telecommunications, automotive products, etc. Its flagship product is IAR Embedded Workbench, a software product, which includes a set of tools for the programming of processors in embedded systems. The company also offers C-RUN, an add-on product that analyzes code when it is run in the developer’s application and facilitates the developer to identify any weaknesses in the code at an early stage of the development process; in-house developed debug probes that are hardware components used for real-time tracing, analysis, and debugging of code; I-jet Trace, which offers debugging functionality; and IAR visualSTATE, a set of development tools for designing applications based on state machines. In addition, it provides a range of various starter kits; product maintenance and technical support services; and IAR Academy, a training program, which includes various courses in programming. I.A.R. Systems Group AB (publ) was founded in 1983 and is headquartered in Stockholm, Sweden.

167 Employees
Last Reported Date: 04/29/15
Founded in 1983

iar systems group ab (IARB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: kr4.1M
Chief Financial Officer
Total Annual Compensation: kr2.1M
Compensation as of Fiscal Year 2014.

iar systems group ab (IARB) Key Developments

I.A.R. Systems Group AB (publ) Announces Group and Parent Company Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for 2015

I.A.R. Systems Group AB (publ) announced group and parent company earnings results for the first quarter ended March 31, 2015. For the quarter, on group basis, the company reported net sales of SEK 76.9 million compared to SEK 62 million a year ago. Operating profit was SEK 20.3 million compared to SEK 11.4 million a year ago. Profit before tax was SEK 20.3 million compared to SEK 11.6 million a year ago. Profit for the period was INR 15.5 million compared to SEK 8.5 million a year ago. Diluted EPS was SEK 1.23 compared to SEK 0.68 a year ago. Comprehensive income for the period attributable to owners of the parent company was SEK 19.1 million against SEK 7.9 million a year ago. Cash flow from operating activities was SEK 18.3 million compared to SEK 13.8 million a year ago. Investments in property, plant and equipment was SEK 0.4 million compared to SEK 0.7 million a year ago. Investment in intangible assets was SEK 5.1 million compared to SEK 5.8 million a year ago. Return on equity was 5.2% compared to 2.8% a year ago. For the quarter, the parent company reported net sales of SEK 3.0 million compared to SEK 3.3 million a year ago. Operating loss was SEK 0.7 million compared to SEK 0.1 million a year ago. Loss before tax was SEK 0.7 million compared to profit of SEK 0.1 million a year ago. Loss for the period was SEK 0.6 million compared to profit of SEK 0.1 million a year ago. The Board's long-term financial targets are for company's sales to grow by 10-15% annually in local currency and for the operating margin to exceed 20% over a business cycle.

IAR Systems Appoints Mats Ullström as Chief Operating Officer

IAR Systems announced that the company has appointed Mats Ullström as Chief Operating Officer, COO. This appointment is a new role in the management team of IAR Systems and will further empower the company’s business and drive operational efficiency. Mats has a Master of Computer Science from the University of Uppsala, and has been with IAR Systems since 2001. Previously, he held the position of Business Unit Manager for IAR Embedded Workbench, and has during the last years been Product Director. He will from now on combine the role of Product Director with the new COO role.

SEARAN Selects IAR Systems as the Preferred Tools Vendor for its Low-Power Bluetooth Solutions

IAR Systems has been selected by SEARAN as its preferred tools vendor for integration of the Bluetooth software dotstack™ in embedded applications. Using the development toolchain IAR Embedded Workbench® together with dotstack, developers are able to take full advantage of all the low-power features of dotstack enabling new possibilities for connected products.


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