Brief: Ivu Traffic Technologies FY Revenue Up At Almost EUR 90 Mln
Feb 11 (Reuters) - IVU TRAFFIC TECHNOLOGIES AG IVUG.DE :
* FY GROSS PROFIT ROSE BY MORE THAN 15% COMPARED TO 2018 AND
IS
EXPECTED TO EXCEED EUR 60 MILLION
* FY EXPECTS REVENUE OF ALMOST EUR 90 MILLION
* OUTLOOK FOR 2020 ALSO REMAINS POSITIVE, AND WE AGAIN
EXPECT
OPERATING RESULT (EBIT) AT OVER EUR 10 MILLION
* FY OPERATING RESULT (EBIT) DEVELOPED POSITIVELY REACHING
OVER
EUR 10 MILLION
Source text for Eikon: ID:nEQ9g7NsWa
Further company coverage: IVUG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))
Recent news on Ivu Traffic Technologies AG
See all newsTransport software maker IVU Traffic H1 revenue rises on recurring revenue growth, lifts FY EBIT outlook
Brief: IVU Traffic Technologies H1 Revenue EUR 72.072 Million
Germany's IVU Traffic Technologies H1 profit jumps, raises FY EBIT outlook
Brief: IVU Traffic Technologies H1 Revenue EUR 72.1 Million
Germany's IVU Traffic Technologies Q1 revenue up 13% on hosting and service contracts