IBS AG excellence, collaboration, manufacturing: IBS AG Announces Preliminary Figures for First Half of 2012

Corporate News

IBS AG Announces Preliminary Figures for First Half of 2012

- Consolidated turnover increases by 3.3 per cent to 12.141K EUR

- EBIT burdened by one-time special effects

- Volume of orders on hand increases to 13,835K EUR

- Board of Management reaffirms 2012 forecast

Hoehr-Grenzhausen, 3rd August 2012 - IBS AG excellence, collaboration, manufacturing, listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN DE0006228406), has today released its preliminary figures for the first half of 2012. IBS Group revenue rose by 3.3 per cent to 12,141K EUR during the first half of 2012 (1st half of 2011: 11,754K EUR). At the same time, turnover generated in Germany and other EU countries rose by 6.6 per cent to 7,763K EUR (1st half of 2011: 7,284K EUR). The IBS Group registered a moderate drop in non-EU turnover of 2.1 per cent to 4,378K EUR (1st half of 2011: 4,470K EUR).

One-time special effects also resulted in a negative operating result before interest and taxes (EBIT) during the first half of 2012. The special effects, comprising additional consulting and auditing costs, the costs of preparation of a Fairness Opinion by the Landesbank Baden-Wuerttemberg (LBBW), an equalisation payment for the Company's former CEO and the settlement of variable remuneration in the form of virtual Shares, amounted to approximately 950K EUR. Furthermore, the IBS Group continued its investments in research and development and the expansion of its workforce, aimed at developing further growth potentials. IBS Group EBIT amounted to -613K EUR at the end of the first half of 2012 (1st half of 2011: 972K EUR).

The volume of orders on hand for project and maintenance agreements underwent a pleasing development, amounting to 13,835K EUR as at 30th June 2012 (30th June 2011: 13,527K EUR). Compared to the volume as at 31st December 2011 (12,475K EUR), this corresponded to an increase of 10.9 per cent. The IBS Group employed 230 personnel worldwide as at the end of June 2012 (30th June 2011: 204 employees).

As at the reporting date of 30th June 2012, the IBS Group held liquid funds to the sum of 5,179K EUR (30th June 2011: 6,144K EUR). In addition to a dividend payout to the sum of 1,032K EUR, the lower volume of liquid funds was also attributable to the acquisition of business premises in Hoehr-Grenzhausen at the purchase price of 2,035K EUR. Liquid funds and a high volume of shareholders' equity continue to offer a stable financial position, enabling the IBS Group bank-independent investment decisions.

Based on the continued stability of the volume of orders on hand, the Board of Management continues to assert its target increase in turnover for the 2012 financial year.

The full interim report for the first six months of 2012 will be published on 8th August 2012 and will be available for download in German and English language from www.ibs-ag.de from this time.

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 230 personnel in Europe, China and the USA.

The Company is listed in the Prime Standard of the German Stock Exchange in Frankfurt/Main (ISIN DE0006228406).

IBS AG software solutions amount to over 4,000 installations worldwide and can be found at companies such as Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler, Electronic Networks, FCI Automotive, Kimberly Clark, KEIPER, Liebherr, Magna Automotive, KautexTextron, Parker Hannifin, Procter & Gamble, Rock Tenn, Porsche, Siemens, SMA Solar Technology, ThyssenKrupp and W.L. Gore.

Contact

Investor Relations IBS AG
c/o MLC Finance GmbH
Mussener Weg 7
95213 Muenchberg

Mr. Michael Lang
Tel.: + 49 (0) 9251 44088 30
Fax: + 49 (0) 9251 44088 31
e-mail: investorrelations@ibs-ag.de