IVU Traffic Technologies AG — Earnings Release 2016

Nov 2, 2016

News Details

Ad-hoc | 2 November 2016 12:52

IVU Traffic Technologies AG: Outlook for financial year 2016

IVU Traffic Technologies AG / Key word(s): Profit Warning

02.11.2016 12:52

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc release pursuant to section 15 WpHG
IVU Traffic Technologies AG

ISIN DE0007448508
Listing: Frankfurt Stock Exchange in regulated trading (Prime Standard)

Berlin, 2 November 2016

Outlook for financial year 2016:
Increase in revenue, decline in EBIT

IVU will achieve the targets set for 2016 as a whole, with revenue expected
to significantly exceed the planned EUR 55 million while gross profit is
expected to amount to EUR 42 million as planned. However, the net profit
for the year is negatively impacted by non-recurring effects due in
particular to write-downs on foreign projects, primarily in Israel. For
this reason, we currently anticipate a significant year-on-year decline in
EBIT to around EUR 1 million (2015: EUR 4.9 million).

Demand for the standard products from the IVU.suite remains strong,
resulting in a continued good order level. The increased focus on reliable,
high-margin foreign markets has already been initiated. We therefore expect
to see a return to the good profit margins of the previous years in
financial year 2017 already.

Contact:
Annette Weisser
Investor Relations
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
Tel. +49.30.85906-0
ir@ivu.de
www.ivu.de

02.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: IVU Traffic Technologies AG
Bundesallee 88
12161 Berlin
Germany
Phone: +49 (0)30 85906-0
Fax: +49 (0)30 85906-111
E-mail: kontakt@ivu.de
Internet: www.ivu.de
ISIN: DE0007448508
WKN: 744850
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart,
Tradegate Exchange

End of Announcement DGAP News-Service

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