Germany's IVU Traffic Technologies Q1 revenue up 13% on hosting and service contracts

Ivu Traffic Technologies AG

27/05/2026 11:15

Overview
Germany software provider's Q1 revenue rose 13% yr/yr to €34.9 mln
Gross profit for Q1 up 17% yr/yr, operating profit rose to €1.5 mln
Growth driven by recurring revenue from hosting and service contracts

Outlook
IVU expects 2026 revenue of over EUR 160 mln
Company anticipates 2026 gross profit of around EUR 130 mln
IVU forecasts 2026 operating profit (EBIT) of around EUR 20 mln

Result Drivers
RECURRING REVENUE - Growth in recurring revenue, especially from hosting and service contracts, was the main driver of Q1 results

Company press release: ID:nEQ70Fbqla

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
 
EUR 34.89 mln
 
Q1 Gross Profit
 
EUR 29.01 mln
 
Q1 Operating Income
 
EUR 1.54 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for IVU Traffic Technologies AG is €25.50, about 27.5% above its May 26 closing price of €20.00
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 24 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)