IVU Traffic Technologies AG: IVU AG: Provisional figures for 2017 Revenue and EBIT on course for new records

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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
ir@ivu.de
www.ivu.de


05-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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