EANS-Adhoc: IVU Traffic Technologies AG
Figures for the first nine months of
the financial year 2009
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
quarterly report
11.11.2009
Ad hoc report
Berlin, 11 November 2009
Figures for the first nine months of the financial year 2009
The financial year 2009 is continuing to develop very well for IVU. The values of all the important parameters have risen considerably compared with the first nine months of the previous year. Revenue is EUR 24.7 million, which is 21 % higher, and the gross profit of EUR 19.7 million for the first nine months represents a 26 % rise. This has resulted in an appreciable increase in earnings before interest and tax (EBIT) to EUR 1.4 million and a pre-tax profit of EUR 1.2 million.
The figures for the third quarter alone also show considerable increases: revenue is up by 17 % and in particular the important gross profit is up by 29 %.
The order book situation remains very good, with orders received totalling EUR 39 million. In addition to this, a number of tenders have been submitted and promising deals are being brokered.
The good first nine months of the financial year 2009 and the prospect of a traditionally strong final quarter make it possible to predict very good results for 2009. We expect the annual revenue to be nearly EUR 40 million, with a gross profit of about EUR 27 million. As a result, a higher profit can be expected than in the previous years.
Thanks to the good market position of IVU, the high development standards of the products, the qualifications of our team and the good order book situation, a continuation of the positive business development is to be expected in the coming year.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Annette Weisser
Vorstandsassistentin
Tel.: +49 (0) 30859 06244
E-Mail: ann@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