World News: 10:00 GMT Monday 5th February 2018. [EQS Group via SPi World News]
IVU Traffic Technologies AG / Key word(s): Final Results/Change in Forecast
Ad-hoc release pursuant to section 15 WpHG
Berlin, 05 February 2018
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.
|Company:||IVU Traffic Technologies AG|
|Phone:||+49 (0)30 85906-0|
|Fax:||+49 (0)30 85906-111|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|
Read More: http://www.dgap.de/dgap/News/?eqsNewsID=1672345
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