IVU AG publishes 2014 annual report
Revenue, gross profit and EBIT further increased
Dividend distribution proposed for the first time
Berlin, 25 March 2015 – IVU Traffic Technologies AG continued to grow in the 2014 financial year and again posted a positive development of earnings. The Group increased revenues by 2 % to € 47.2 million and gross profit by 7 % to € 37.1 million. EBIT rose by 13 % to € 4.3 million. In line with today’s Supervisory Board decision, the Executive Board and Supervisory Board will propose the IVU Annual General Meeting a dividend payment for the first time – of € 0.05 per share.
A key factor behind the company's continued success is the high degree of standardisation across IVU systems. This reduces the number of individual adaptations and enables short project durations. With IVU.xpress, IVU has now developed a process that further accelerates project implementation. For many customers, this is a decisive argument when it comes to placing orders, both on the German market and internationally, for example, in Latin America and South East Asia.
“We are very satisfied with last year's figures. Particularly pleasing is the strong profits development,” stated Martin Müller-Elschner, CEO at IVU Traffic Technologies AG. “The result confirms our strategy and shows that with the ongoing standardisation of our products and processes, we are having success on a sustained basis both in Germany and on an international basis. We will continue this solid earnings trend in the future.”
The complete annual report with the notes to the consolidated financial statements was published on our website in German and English at: http://www.ivu.com/investors/financial-reports/2014.html.
IVU Traffic Technologies AG has been working for 40 years with some 400 software engineers to ensure that transport in the world’s major cities operates reliably and on time. People and vehicles in expanding cities are continually on the move – a logistical challenge which calls for intelligent and reliable software systems. The standardised software products of the IVU.suite and tailor-made IT solutions are used to plan, optimise and control the scheduling of vehicle fleets and personnel. Other systems support the choice of branch locations or ensure that election results are determined correctly.
IVU. Systems for vibrant cities.