Nordic Business Report-April 26, 2006-IBS AB reports Q1 operating result of SEK13m
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The Swedish business solutions provider IBS AB issued its first quarter report on Wednesday (26 April), posting an operating result of SEK13m, as compared to SEK2m in the first quarter of 2005.
Total revenues amounted to SEK562m, as compared to SEK551m in the first quarter last year. Software licence revenues improved by 4% to SEK113m, while revenues from professional services improved by 7% to SEK325m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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