First quarter 2023
· Net sales
· Net sales growth of 10.6% and 4.6% adjusted for foreign exchange effects.
· EBITDA of
· Adjusted EBITDA of
· 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
Key events during the first quarter
· Chief Strategy Officer
· IAR updated its logo and modernized its brand profile to support its strategic plan
Contacts
Tel: +46 18 16 78 00 E-mail: investorrelations@iar.com
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 200 semiconductor partners. The company is headquartered in Uppsala,
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