IVU AG publishes 2016 annual report
Revenue and gross profit continued to rise, EBIT slightly exceeding expectationsBerlin, 21 March 2017 – 2016 was a mixed year for IVU. Revenue increased by 3% to €59.8 million, and gross profit was actually up 7% year-on-year at €42.8 million. EBIT fell to €1.4 million due to one-off effects but remained clearly positive. The targets for 2016, adjusted in November last year, were consequently achieved and exceeded. With an expected EBIT of at least €3 million, IVU already aims to return to the healthy profit margins of previous years in 2017. In doing so, the consolidated revenue for