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IVU Traffic Technologies AG

euro adhoc: IVU Traffic Technologies AG
quarterly or semiannual financial statement
Results for first quarter 2006

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
10.05.2006
Q1 revenues up 17% in year-on-year comparison
EBIT and consolidated results show considerable improvements
Order-book situation very good
IVU Traffic Technologies AG has generated revenues of some EUR 6.1
million in the first three months of the current financial year. This
represents an increase of 17 percent in a year-on-year comparison.
The gross profits also increased by 13 percent to EUR 5.4 million. Q1
EBIT showed a considerable improvement from -EUR 0.7 million to -EUR
0.1 million, and the consolidated result improved by EUR 400 000 to
-EUR 0.2 million.
"The first quarter 2006 shows that the measures introduced over
recent years have led to a significant increase in productivity",
commented Prof. Ernst Denert, CEO of the Berlin IT-company, today
presenting the Q1 report to the meeting of the Supervisory Board.
"The team has been strengthened by specific changes, and efficiency
has increased in particular in development and project
implementation. This process will be continued throughout 2006: IVU
is currently recruiting further highly-qualified computer scientists
and software engineers."
IVU is steering towards a profitable financial year. The goal of the
group for 2006 is to achieve revenue in excess of EUR 30 million and
gross profits of EUR 25 million, and associated with this a
considerable increase in EBIT.
IVU's order books are in very good condition. With the work already
completed in the current financial year and the orders which are
outstanding, at the beginning of the second quarter at least 80% of
the planned revenue and the gross profits for 2006 are covered.
You can find the full text of the Q1 report at  www.ivu.de.
IVU Traffic Technologies AG is a leading supplier of IT systems for
planning, operating and optimising transport and logistics processes.
30 years of experience developing hardware and software systems for
more than 300 public transport companies also made IVU the market
leader for IT solutions in other segments: monitoring truck fleets,
setting up retail networks in geo-marketing, election processing.
This is IVU's approach to transportation and beyond.
end of announcement                               euro adhoc 10.05.2006 15:27:27

Further inquiry note:

Renate Bader
Tel.: +49 (0)30 859 06 800
E-Mail: renate.bader@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

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