Last kr251.00 SEK
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indust & financial system-b (IFSB) Details

Industrial and Financial Systems, IFS AB develops, supplies, and implements component-based extended enterprise resource planning (ERP) suite built on service oriented architecture technology. It offers IFS Applications, an integrated application suite that enables global and demanding businesses to handle four core processes, including service and asset management, manufacturing, supply chain management, and projects. The company's IFS Applications include financials, human resources, quality management, document management, customer relationship management, business intelligence, sustainability management, and other functionality to facilitate full lifecycle management of products, assets, customers, projects, and others. Its solutions include Project ERP software, an ERP for project management-related environments; enterprise asset management software; IFS enterprise service management software, including field service management, mobile workforce management, and service management; and IFS field service management software. The company’s solutions also comprise reverse logistics software; integrated enterprise project management software for various aspects of the project lifecycle; batch, repetitive, and project manufacturing software; mobile enterprise software; and supply chain management software for ERP environments. It serves various industries, including aerospace and defense, asset intensive, automotive, construction and contracting, energy and utilities, high tech, industrial manufacturing, oil and gas, process manufacturing, retail, service providers, and others. It operates in Europe, the Americas, Africa, Asia, and the Pacific region. Industrial and Financial Systems, IFS AB was founded in 1983 and is headquartered in Linköping, Sweden.

2,673 Employees
Last Reported Date: 10/23/14
Founded in 1983

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indust & financial system-b (IFSB) Key Developments

Caruna Selects IFS Applications to Support Vital Business Processes Including Financials, Purchasing, Invoicing, and HR

IFS announced that Caruna has chosen to implement IFS Applications as its central enterprise resource planning (ERP) solution. The agreement includes licenses and services worth in excess of €1 million. To consolidate its enterprise application portfolio and streamline its business processes, the company evaluated a number of ERP vendors, focusing especially on criteria such as standardized functionality, scalability, automation, functional coverage, user friendliness, and industry experience.

Huf Hülsbeck & Fürst GmbH & Co. KG Extends Deployment of IFS Applications Across International Operations

IFS announced that Huf Hülsbeck & Fürst GmbH & Co. KG is extending its use of IFS Applications. The order is valued at €1.4 million. Huf Hülsbeck & Fürst initially decided to roll-out IFS Applications in 2009 to support the operations of its finance, engineering, sales, distribution, manufacturing, and HR departments. In line with business growth over recent years, IFS will now provide Huf Hülsbeck & Fürst with extra licenses so that more employees in its 16 global locations around the world are empowered to benefit from using IFS Applications.

Loomis Sverige Selects IFS Applications to Support Growth

IFS announced that Loomis Sverige AB has chosen to implement IFS Applications™ for service providers to support its future growth. Following a competitive tender process, IFS was chosen ahead of competing solutions. Based on the industry solution for service providers, IFS Applications will help Loomis Sverige AB to consolidate its business-critical processes in one system. The solution includes functionality for sales and service management, including service contracts. It will also support document management, product management, customer management, and financial management. IFS Applications will be integrated with a variety of existing business systems at Loomis Sverige AB and the solution is expected to be fully implemented during the fall of 2015.


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Valuation IFSB Industry Range
Price/Earnings 23.5x
Price/Sales 1.8x
Price/Book 4.0x
Price/Cash Flow 22.2x
TEV/Sales 1.5x

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