IVU Traffic Technologies AG
IVU Traffic Technologies AG: Preliminary business figures 2019
IVU Traffic Technologies AG / Key word(s): Preliminary Results Ad-hoc release pursuant to Article 17 MAR ISIN DE0007448508 Berlin, 11 February 2020 The Executive Board now expects revenue of almost € 90 million for 2019, an increase of more than 14% over the previous year. Gross profit rose by more than 15% compared to 2018 and is expected to exceed € 60 million. This is mainly due to higher licence requests at the end of the year. Accordingly, the operating result (EBIT) developed positively as well, reaching over € 10 million in 2019, an increase of more than 50% over the previous year. The outlook for 2020 also remains positive, and we again expect the operating result (EBIT) at over € 10 million. All figures are preliminary and not yet audited. The final, audited results will be published in the Annual Report 2019 on 26 March 2020 at www.ivu.com. Contact:
11-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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 |
EQS News ID: | 972521 |
End of Announcement | DGAP News Service |