IVU: Record earnings once again in the 2021 financial year
Revenue exceeds € 100 million for first time, EBIT rises by 9%
Berlin, 31 March 2022 | IVU Traffic Technologies again reported the most successful financial year in its company’s history in 2021, exceeding its own targets. Revenue at the Berlin-based IT specialist increased to €102.9 million and gross profit to €75.8 million. EBIT also fared well, rising by 9% to €13.9 million.
To allow shareholders to participate in this positive performance, the Executive Board and Supervisory Board will again propose a high dividend of €0.22 at the Annual General Meeting – an increase of 10% compared with last year’s distribution.
“Despite the pandemic, we are generating record earnings year in year out – this is no mean feat and is thanks chiefly to all our colleagues who have done an outstanding job, especially in the last two years,” said Martin Müller-Elschner, CEO of IVU Traffic Technologies. “Environmentally friendly mobility means bus and rail: Public transport is the future and, with the IVU.suite, we offer the perfect end-to-end solution.”
The 2021 annual report is available to download at www.ivu.com/investors/financial-reports.
IVU Traffic Technologies has been providing efficient and environmentally friendly public transport for over 45 years with more than 800 engineers. The integrated standard products of the IVU.suite map all the processes of bus and rail companies: from planning and dispatching to operations control, ticketing and passenger information, right through to the settlement of transport contracts. In close partnership with our customers, we lead demanding IT projects to success and therefore ensure reliable mobility in the metropolises of the world.
IVU. SYSTEMS FOR VIBRANT CITIES.