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IBS plans for continued revenue growth and profits
Press Release Apr 05, 2000
As shown in the 1999 Annual Report and in the Year-End Report for 1999, which was published earlier this year, the IBS Group foresees a revenue growth in 2000 of some 30%, while maintaining a very satisfactory profitability level. The operating margin is forecast to be 5-8%
IBS anticipates a slower development during the first quarter, but a dynamic development in the second half of 2000.
About International Business Systems
IBS is a leading provider of business software and consulting services for Wholesale Distributors and Manufacturers worldwide. Customers rely on IBS' suite of software applications to automate demand-driven, supply-chain processes and gain a competitive advantage through improved operational efficiencies. IBS is an IBM Global Strategic Alliance Partner. Corporate revenues exceed $300 Million, and a network of almost 2,000 employees that span over 44 countries. IBS headquarters in the Americas is located in Folsom, California.
For further information, please contact:
Dan J. Wells
Vice-President of Marketing, IBS Americas
Tel: 1 (800) 886-3900
dan.wells@ibsus.com
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