euro adhoc: IVU Traffic Technologies AG
quarterly or semiannual financial
statement
Figures for the first half of the financial year 2007 of IVU Traffic
Technologies AG
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
6-month report
25.07.2007
Revenues and gross profit up over last year´s figures Good second quarter Stable business situation
IVU Traffic Technologies AG has again achieved good results for the first half of the financial year 2007. The continuing success is clearly shown by comparison with the first half of 2006. All performance figures have positive values and trends and have increased in comparison with the same period in the previous year.
Revenues for the first half of 2007 were EUR 13.4 million (compared with EUR 12.8 million in the same period in 2006), the gross profit was EUR 11.7 million (EUR 10.7m), earnings before interest and tax were EUR 0.2 million (- EUR 0.7m), and there was a half-yearly consolidated profit of EUR 0.1 million (- EUR 0.9m). This represents a 4.5% increase in revenues, and - which is particularly important - a 10% increase in gross profit. As in the first three months, half-yearly EBIT and consolidated performance were positive, and nearly EUR 1 million above the results for the first half of the previous year.
With a strong first quarter and a good second quarter, IVU Traffic Technologies AG has therefore further continued to stabilize the positive trend and has established the foundations for profitable growth. A contribution to this has been made by the order book situation, which continues to be very good. At the start of the third quarter, 86% of the planned turnover and 82% of the projected gross profits for 2007 are already covered.
The objectives of the company for 2007 remain to achieve revenues somewhat in excess of EUR 30 million, gross profits of EUR 25 million, and a corresponding further improvement in EBIT.
To see the complete interim report, visit www.ivu.de after 5 p.m. today.
end of announcement euro adhoc 25.07.2007 15:24:27
Further inquiry note:
Renate Bader
Leiterin Unternehmenskommunikation
Telefon: +49(0)30 859 06 800
E-Mail: rba@ivu.de
Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: Prime All Share, Technologie All Share, CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
Original content of: IVU Traffic Technologies AG, transmitted by news aktuell