IBS AG excellence, collaboration, manufacturing

EANS-News: IBS AG excellence, collaboration, manufacturing Announces Preliminary Figures

Sustainable Increase in Turnover and EBIT in 2010

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Company Information/Preliminary Figures 2010

Subtitle: Sustainable Increase in Turnover and EBIT in 2010

Hoehr-Grenzhausen (euro adhoc) - - Consolidated turnover increased 16 per cent to 21.3M EUR - Earnings per Share rose over 80 per cent to 0.35 EUR - High volume of orders on hand to the sum of 13.3M EUR (20 per cent increase) - Liquid funds amounting to over 7.2M EUR (approx. 1.05 EUR per Share) - 30 per cent increase in turnover to 6.5M EUR during Q4, with a 14 per cent EBIT margin

Hoehr-Grenzhausen, 25th March 2011: IBS AG is a leading supplier of cross-company software solutions for quality, production and compliance management. The Company was able to sustain profitable growth during the 2010 financial year.

Preliminary Figures for the 2010 Financial Year

During the period under review, turnover rose 16 per cent to 21.3M EUR (previous year 18.3M EUR), thus reaching the level previously held before the economic crisis. Turnover from software and maintenance business accounted for 61 per cent of overall turnover. Earnings before interest and taxes (EBIT) amounted to 2.4M EUR (previous year: 1.3M EUR), resulting in an EBIT margin of 11 per cent. The annual surplus per Share (Earnings per Share) (undiluted) rose 84 per cent to 0.35 EUR (previous year: 0.19 EUR).

The volume of orders on hand for the Corporate Group amounted to 13.3M EUR. This volume remained very high (previous year: 11.1M EUR) and comprises turnover from projects and maintenance for the next 12 months. Cash flow from operating activities increased 73 per cent, amounting to 2.66M EUR (previous year: 1.54M EUR). As at 31.12.2010 IBS AG held liquid funds to the sum of 7.2M EUR (previous year: 6.4M EUR), which corresponds to over one EUR per Share. The shareholders´ equity ratio for the balance sheet total of 24.77M EUR (previous year: 21.52M EUR) corresponded to 65 per cent, enabling IBS AG to operate largely independently of banks.

Preliminary Figures for the Fourth Quarter 2010

The result for the fourth quarter of 2010 was one of the best quarterly results in the Company's history, with IBS AG achieving a 30 per cent increase in turnover, which amounted to 6.5M EUR (Q4 2009: 5M EUR). The 30 per cent increase in earnings before interest and taxes (EBIT) to 935K EUR (previous year: 691K EUR) was equally notable. The EBIT margin corresponded to 14 per cent.

Outlook 2011

Leading market research institutes once again anticipate a positive development of the software and IT services market in 2011. The Board of Management agrees with this evaluation, anticipating a double-figured percentage of growth in turnover for the 2011 financial year. This growth, which should be achieved organically, may also be generated on a non-organic basis.

The market for industrial software solutions for productivity management is highly fragmented. IBS AG is one of the largest providers in this field, offering an integrated, sector-independent MES (Manufacturing Execution System) solution.

One significant growth market being addressed is that of China. IBS is currently in the process of founding a wholly-owned sales and project company based in Shanghai, PRC. The business licence should be granted in the second quarter of 2011, which will enable the Company the active handling of sales and projects from the Shanghai location. IBS AG has been operating on the Chinese market for a number of years and is currently represented by approximately 50 installations and a support site. A significant increase in demand during the last financial year has led IBS AG to launch its own subsidiary for future representation on this market.

The new venture is aimed at generating further growth in the automotive, electronics, energy and medical technology industries in Europe, North America and Asia.

The finalised Consolidated Accounts 2010 will be announced on 31st March 2011, within the scope of the 2010 Annual Report, and will be available for download from www.ibs-ag.de following announcement.

About IBS AG IBS AG is a leading supplier of cross-company standard software systems and consulting services for industrial quality, production, traceability and compliance management. In keeping with the corporate philosophy "The Productivity Advantage", IBS AG's Best Practice solutions contribute to a sustainable boost in corporate productivity. IBS customers receive the support of a team of experienced consultants and specialists throughout each phase of the project and beyond. IBS AG, founded in 1982, today employs approximately 200 personnel in Europe and the USA. The Company is listed in the Prime Standard of the German Stock Exchange in Frankfurt/Main (ISIN DE0006228406) and is also member of the GEX-German Entrepreneurial Index. IBS AG software installations amount to over 4,000 worldwide and can be found at companies such as Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler, Electronic Networks, FCI Automotive, Goodyear, Kimberly Clark, KEIPER, Liebherr, Magna Automotive, Kautex Textron, Parker Hannifin, Procter & Gamble, Rock Tenn, Porsche, Siemens, SMA Solar Technology, ThyssenKrupp and W.L. Gore.

end of announcement                               euro adhoc
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Contact:

Nina Yvonne Slegers, IBS AG
Investor Relations
Rathausstrasse 56, 56203 Hoehr-Grenzhausen, Germany
Tel. +49 2624 9180-424, Fax +49 (0) 2624 9180-966
e-mail: investorrelations@ibs-ag.de
URL: www.ibs-ag.de

Branche: Software
ISIN: DE0006228406
WKN: 622840
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade



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