EANS-Adhoc: IVU Traffic Technologies AG
Nine-months figures of the financial
year 2010
Revenue and gross profit up by 2%
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
9-month report
10.11.2010
IVU Traffic Technologies AG continued to build on the good results of the previous year in the third quarter of the financial year 2010. Revenue increased by 2% to EUR 25.3 million, gross profit likewise improved by 2% to EUR 20.1 million and at EUR 1.4 million earnings before interest and taxes (EBIT) was at the same level as the previous year. Owing to the expansion of the team, personnel expenditure increased moderately year on year by 3%. Interest expense was reduced by 32% in the first nine months of the current financial year as IVU has paid off its non-current loans.
IVU is confident to achieve the targets of the financial year 2010 and continues to expect revenue of approximately EUR 40 million and gross profit of approximately EUR 30 million.
The full report will be available at www.ivu.de from approximately 5 p.m. CEST.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Annette Weisser
Vorstandsassistentin
Tel.: +49 (0) 30 85 906 244
E-Mail: ann@ivu.de
Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: CDAX, Prime 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 von: IVU Traffic Technologies AG, übermittelt durch news aktuell