euro adhoc: IVU Traffic Technologies AG
quarterly or semiannual financial
statement
Figures for the first nine months of the financial year 2006
Gross profits and EBIT up in y-on-y comparison
Comparatively weak third quarter
Order situation contin
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
08.11.2006
IVU Traffic Technologies AG has generated a gross profit of some EUR 15.9 million in the first nine months of 2006. That means that this key indicator of value creation for a software house has risen by EUR 1 million or 7 percent over the same period in the previous year. The nine-month revenue of EUR 18.7 million, in contrast, is slightly lower than in the previous year; a particularly large hardware order had pushed revenues up in Q3 2005.
EBIT has improved by almost EUR 0.4 million y-on-y, and is at - EUR 0.9 million. The nine-month group loss of - EUR 1.1 million is a weaker result than in the previous year. However, if allow-ance is made for a waived bank repayment in Q3 2005, then the nine-month group result in 2006 is also better than that for the corresponding period in the previous year.
Although Q3 2006, with revenue of about EUR 5.9 million and a gross profit of EUR 5.3 million, is somewhat weak, this is balanced out by the particularly good figures for the first six months of the financial year. And at the same time the company is expecting a strong fourth quarter.
In all, the figures indicate a further stabilisation of the company. More than 60% of the reve-nue planned for the current financial year has already been generated, representing a sound basis for the start of the final quarter.
The company goals for 2006 remain unchanged: achieving revenue of above EUR 30 million and a gross profit of about EUR 25 million, in combination with a considerable improvement in EBIT.
The order books continue to look very good at the start of Q4. Some 95% of the planned revenues and some 93% of the planned gross profit in the current financial year are already accounted for by the work completed and outstanding orders.
The full text of the nine-month report is available at www.ivu.de.
end of announcement euro adhoc 08.11.2006 16:02:06
Further inquiry note:
Renate Bader
Head Corporate Communications
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: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Original-Content von: IVU Traffic Technologies AG, übermittelt durch news aktuell