February 5, 2018 / 10:07 AM / 20 days ago

BRIEF-Ivu Traffic Technologies Sees FY 2017 Revenue To Be Around EUR 70 Mln

Feb 5 (Reuters) - IVU TRAFFIC TECHNOLOGIES AG:

* DGAP-ADHOC: IVU TRAFFIC TECHNOLOGIES AG: IVU AG: PROVISIONAL FIGURES FOR 2017 REVENUE AND EBIT ON COURSE FOR NEW RECORDS

* FY REVENUE IS EXPECTED TO BE AROUND EUR 70 MILLION, A YEAR-ON-YEAR RISE OF NEARLY 20%

* FY 2017 EBIT WILL INCREASE TO AROUND EUR 6 MILLION

* EXPECTS 2018 EBIT TO BE SOMEWHAT LOWER AT EUR 4 MILLION TO EUR 5 MILLION

* FY GROSS PROFIT WILL AMOUNT TO AROUND EUR 47 MILLION, UP BY OVER 10% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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