IVU continues to grow and raises outlook
All key figures significantly improved year-on-yearBerlin, 30 August 2017 – Berlin-based specialist for public transport IVU Traffic Technologies AG significantly increased its revenues and gross profit in the first half of the year. As a result, the company has raised its outlook for the current fiscal year.In the first half of 2017, revenues climbed by 15% to €26,153 thousand while gross profit rose by 10% to €19,239 thousand. EBIT was still slightly negative due to seasonal factors at -€592 thousand, but still increased by around €1 million as against the previous year.The good level