IAR SYSTEMS GROUP AB Growth of 15% with adjusted EBITDA of 37%.
Fourth quarter October–December 2023
• Net sales were
• EBITDA of
• Adjusted EBITDA of
• Operating loss of
• Adjusted operating profit of
• Capitalized work on own account amounted to
• In a year-on-year comparison, currency translation had a positive impact of
• Cash flow from operating activities amounted to
January–December 2023
• Net sales were
• EBITDA of
• Adjusted EBITDA of
• Operating loss of
• Adjusted operating profit of
• Capitalized work on own account amounted to
• In a year-on-year comparison, currency translation had a positive impact of
• Cash flow from operating activities amounted to
Fourth quarter in brief
• Share buybacks continued
• Restructuring of the subsidiary in Cambridge complete, with impairment of goodwill and intangible assets amounting to approximately
About IAR
IAR provides world-leading software and services for embedded development, enabling companies worldwide to create secure and innovative products for today and tomorrow. Since 1983, IAR’s solutions have ensured quality, security, reliability, and efficiency in developing over one million embedded applications for companies across industries such as industrial automation, IoT, automotive and medical. IAR supports 15,000 devices from over 70 semiconductor partners. The company is headquartered in Uppsala,
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