IBS Plans for Continued Revenue Growth and Profitability.Business Editors STOCKHOLM--(BUSINESS WIRE)--April 5, 2000 As shown in the 1999 Annual Report and in the Year-End Report for 1999, which was published earlier this year, the IBS IBS Irritable bowel syndrome, see there Group foresees a revenue growth in 2000 of some 30%, while maintaining a very satisfactory profitability level. The operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: is forecast to be 5-8%. IBS anticipates a slower development during the first quarter, but a dynamic development in the second half of 2000. IBS AB, with headquarters in Stockholm, is listed at the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. . The IBS Group is a world-leading international supplier of Internet-integrated business systems and professional services. IBS has a revenue of some SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3bn, and some 2,400 employees and 5,000 customers in more than 40 countries. For more information, please contact: Staffan Ahlberg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , IBS AB Christina Wagstrom, Head of IR, IBS AB Tel: +46 8 627 23 10, +46 70 559 36 60 Tel: +46 8 627 24 60, +46 70 627 24 60 Email: staffan.ahlberg@ibs.se Email: christina.wagstrom@ibs.se. Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/05/20000405BIT00640/bit0001.doc http://www.bit.se/bitonline/2000/04/05/20000405BIT00640/bit0002.pdf |
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