August 30, 2017 / 1:56 PM / in 4 months

BRIEF-IVU Traffic Technologies raises 2017 outlook

Aug 30 (Reuters) - IVU TRAFFIC TECHNOLOGIES AG:

* RAISED ITS OUTLOOK FOR THE CURRENT FISCAL YEAR

* OUTLOOK 2017: NOW EXPECTS REVENUES OF OVER €64 MILLION, GROSS PROFIT OF ROUGHLY €46 MILLION AND EBIT OF AROUND €4 MILLION

* H1 REVENUES CLIMBED BY 15% TO €26,153 THOUSAND WHILE GROSS PROFIT ROSE BY 10% TO €19,239 THOUSAND

* H1 EBIT AT -€592 THOUSAND, STILL INCREASED BY AROUND €1 MILLION AS AGAINST THE PREVIOUS YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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