EANS-Adhoc: Figures for the first half of the financial year 2009
Interim performance figures well above last year
IVU is debt-free
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
6-month report
29.07.2009
The financial year 2009 is developing well for IVU. All key performance figures at the end of the first six months are well above the interim figures for the previous year. Revenue and gross profit have both shown a 24% increase to EUR 15.8 million and EUR 12.7 million respectively (compared to EUR 12.8 million and EUR 10.2 million for the first half of the previous year). Earnings before interest and tax (EBIT), earnings before taxes, and the consolidated profit / loss are all up by EUR 900 000 or more.
For the second quarter of the financial year 2009, revenue is EUR 0.9 million higher than for Q2 2008 (at EUR 8.5 million against EUR 7.6 million). EBIT is EUR 0.2 million weaker and thus a little lower than in the same quarter in 2008 (2009: EUR 0.1 million, 2008: EUR 0.3 million).
The order book situation is good. Orders received cover almost 90% of the planned gross profit for 2009, and there are considerable order reserves for the coming year.
In June the long-term bank loan was finally paid off, so that IVU is now fully debt-free for the first time in many years.
The prospects for the financial year 2009 remain unchanged from the first quarter report. We continue to expect an annual revenue of EUR 35 million and a gross profit of EUR 27 million.
For the full interim report visit www.ivu.de.
end of announcement euro adhoc --------------------------------------------------------------------------------
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: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade
Original content of: IVU Traffic Technologies AG, transmitted by news aktuell