Brief: IVU Traffic Technologies Raises Forecast For 2018

Ivu Traffic Technologies AG

21/11/2018 11:48

Nov 21 (Reuters) - IVU Traffic Technologies AG  IVUG.DE :
    * RAISES FORECAST FOR 2018 FISCAL YEAR
    * NOW ANTICIPATES FY SALES OF MORE THAN EUR 75 MILLION
(PREVIOUSLY: EUR 72 MILLION)
    * Q3 SALES CLIMBING BY 27% YEAR-ON-YEAR TO EUR 51,932
THOUSAND
(2017: EUR 40,756 THOUSAND)
    * SEES FY 2018 EBIT OF MORE THAN EUR 6 MILLION (PREVIOUSLY:
EUR 4
MILLION TO EUR 5 MILLION)
    * Q3 GROSS PROFIT WAS UP 21% AT EUR 35,317 THOUSAND (2017:
EUR
29,303 THOUSAND)
    * Q3 EBIT SURGED SIGNIFICANTLY TO EUR 3,149 THOUSAND (2017:
EUR 65
THOUSAND)

Source text for Eikon:  ID:nNDL8y9Q7S 
Further company coverage:  IVUG.DE 

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