Figures for the first half of the financial year 2007
Revenues and gross profit up over last year's figures Good second quarter Stable business situation
Revenues for the first half of 2007 were EUR 13.4 million (compared with EUR
12.8 million in the same period in 2006), the gross profit was EUR 11.7 million (EUR 10.7m), earnings before interest and taxes were EUR 0.2 million
(- EUR 0.7m), and there was a half-yearly consolidated profit of EUR 0.1 million (- EUR 0.9m). This represents a 4.5% increase in revenues, and - which is particu-larly important - a 10% increase in gross profit. As in the first three months, half-yearly EBIT and consolidated performance were positive, and nearly EUR 1 million above the results for the first half of the previous year.
"This is a good result," comments Prof. Ernst Denert, CEO of IVU Traffic Technologies AG. "With a strong first quarter and a good second quarter, IVU Traffic Technologies AG has con-tinued to stabilize the positive trend. A steady base has been established for profitable growth. In addition, a number of new customers have been gained this year, above all from other countries."
The order book situation continues to be very good. At the start of the third quarter, 86% of the planned turnover for 2007 and 82% of the projected gross profits are already covered.
"With this, our objectives for the financial year 2007 are confirmed," notes Prof. Denert. "We can even conceive of exceeding the goals following this good first half-year. As a rule, the second half of the year is stronger for IVU due to seasonal factors."
The objectives of the company for 2007 are to achieve revenues somewhat in excess of EUR 30 million, gross profits of EUR 25 million, and a corresponding further improvement in EBIT.
You will find the financial statement for the first six months of 2007 starting at around 5 p.m. at www.ivu.de
IVU Traffic Technologies AG
Die IVU Traffic Technologies AG bietet IT-Systeme an für Planung, Disposition, Betriebslenkung, Ticketing, Fahrgastinformation und Abrechnung von Verkehrs- und Logistikprozessen. Über 30 Jahre Erfahrung mit Hard- und Softwaresystemen für mehr als 350 öffentliche Verkehrsunternehmen machen die IVU zum führenden Spezialisten für IT-Lösungen auch in weiteren Bereichen: LKW-Flotten überwachen, Filialnetze planen, Ämter vernetzen, Wahlen online abwickeln. Das ist Verkehr und mehr von der IVU.