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IVU Traffic Technologies AG

euro adhoc: IVU Traffic Technologies AG
Annual Reports
IVU presents Annual Report 2007

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
annual report
19.03.2008
Sales increased, gross profit stable
EBIT and Group result higher than in the previous year
Good prospects for 2008
For the third year in a row, IVU Traffic Technologies AG returns 
positive annual results. This is the conclusion of the Annual Report 
2007, approved today by the Supervisory Board of the Berlin software 
company. The report shows that all parameters have positive values 
and have also risen in comparison with the previous financial year. 
This represents a clear growth trend. IVU is also optimistic for the 
current finan-cial year, and expects a continuation of the positive 
developments.
Sales for the financial year 2007 amounted to EUR 31.4 million 
(against EUR 30.1 million in the previous year - an increase of 4.5 
%), gross profit was EUR 24.8 million (+ 0.5 %), EBIT was EUR 2.3 
million (+ 9 %) and the Group annual profit was EUR 1.9 million (+ 31
%). An-other annual profit has meant a further increase in the 
financial strength of the company.
Costs remained more or less stable in the financial year 2007. The 
other operational liabilities, corrected for neutral effects, are 
virtually constant. Amortisation decreased further. The positive 
annual result has improved the equity situation in the reporting 
period by about EUR 2 million, and loans were repaid according to 
plan.
As a result of the situation on the employment market, the team could
not be expanded to the extent originally intended, and 
correspondingly the personnel costs have increased less. IVU would 
have liked to recruit more highly-qualified software engineers and 
project manag-ers. But not many are available, and at the same time 
the demand is large. Nevertheless, 16 new employees started work in 
the locations at Berlin and Aachen which more than compen-sated for 
fluctuation and at the same time provided a qualitative improvement.
IVU expects to achieve good figures for the financial year 2008. The 
order situation is good, the turnover planned for 2008 has already 
been secured to a considerable extent in March. Sales will be above 
EUR 30 million, and a gross profit of EUR 25 million is projected. 
That will lead once again to good EBIT and to a further growth in 
equity. The prospects for the financial year 2009 are also good. In 
addition, the bank loans will be repaid by the middle of 2009, so 
that IVU will then be debt-free.
The full Group Report will be available from Wednesday, 19 March 
2008, approx. 7.30 p.m., under www.ivu.de.
end of announcement                               euro adhoc

Contact:

Renate Bader
Head of Corporate Communications
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
Tel +49 30 85906-800
E-mail: renate.bader@ivu.de

Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Plus de actualités: IVU Traffic Technologies AG
Plus de actualités: IVU Traffic Technologies AG