02.11.2016 IVU Traffic Technologies AG  DE0007448508

DGAP-Adhoc: IVU Traffic Technologies AG: Outlook for financial year 2016


 
IVU Traffic Technologies AG / Key word(s): Profit Warning 02.11.2016 12:52 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc release pursuant to section 15 WpHG IVU Traffic Technologies AG ISIN DE0007448508 Listing: Frankfurt Stock Exchange in regulated trading (Prime Standard) Berlin, 2 November 2016 Outlook for financial year 2016: Increase in revenue, decline in EBIT IVU will achieve the targets set for 2016 as a whole, with revenue expected to significantly exceed the planned EUR 55 million while gross profit is expected to amount to EUR 42 million as planned. However, the net profit for the year is negatively impacted by non-recurring effects due in particular to write-downs on foreign projects, primarily in Israel. For this reason, we currently anticipate a significant year-on-year decline in EBIT to around EUR 1 million (2015: EUR 4.9 million). Demand for the standard products from the IVU.suite remains strong, resulting in a continued good order level. The increased focus on reliable, high-margin foreign markets has already been initiated. We therefore expect to see a return to the good profit margins of the previous years in financial year 2017 already. Contact: Annette Weisser Investor Relations IVU Traffic Technologies AG Bundesallee 88, 12161 Berlin, Germany Tel. +49.30.85906-0 [email protected] www.ivu.de 02.11.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: IVU Traffic Technologies AG Bundesallee 88 12161 Berlin Germany Phone: +49 (0)30 85906-0 Fax: +49 (0)30 85906-111 E-mail: [email protected] Internet: www.ivu.de ISIN: DE0007448508 WKN: 744850 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------