IFS Continues to Blossom
P.J. Jakovljevic - March 8, 2000

Event Summary

On February 14, Industrial & Financial Systems (IFS AB) announced an increase in net revenue for 1999 to Swedish Kroner (SEK) 1,948 M compared to SEK 1,238 M in 1998, an increase of 57% compared with the previous year. License revenue rose by 49% to SEK 552 M as compared to SEK 371 M in 1998. IFS reported a loss after net financial items of SEK 147 M as compared to SEK 10 M in 1998...