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IVU Traffic Technologies AG Earnings Release 2017
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Earnings Release
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News Details
Ad-hoc | 5 February 2018 11:00
IVU Traffic Technologies AG: IVU AG: Provisional figures for 2017 Revenue and EBIT on course for new records
IVU Traffic Technologies AG / Key word(s): Final Results/Change in Forecast
IVU Traffic Technologies AG: IVU AG: Provisional figures for 2017 Revenue and EBIT on course for new records
05-Feb-2018 / 11:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad-hoc release pursuant to section 15 WpHG
IVU Traffic Technologies AG
ISIN DE0007448508
Listing: Frankfurt Stock Exchange in regulated trading (Prime Standard)
Berlin, 05 February 2018
**IVU AG: Provisional figures for 2017
Revenue and EBIT on course for new records**
In fiscal year 2017, IVU Traffic Technologies AG returned to its successful path – and significantly exceeded its own targets. All key figures are the highest in the firm’s more-than-40-year history.
Revenue is expected to be around EUR 70 million, a year-on-year rise of nearly 20%, and gross profit will amount to around EUR 47 million, increasing by over 10% compared to 2016. This is partly due to early calls for material deliveries and licences from the framework agreements concluded in 2017.
EBIT will increase to around EUR 6 million and will thus be considerably higher than the record-breaking year 2015. The prospects for 2018 remain positive as well; we expect EBIT to be somewhat lower at EUR 4 million to EUR 5 million.
All figures are provisional and not yet audited. The final, audited results will be published in the 2017 Annual Report at www.ivu.de on 21 March 2018.
Contact:
Annette Weisser
Investor Relations
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
Tel. +49.30.85906-0
05-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| 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: | [email protected] |
| 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 |