Increase in dividend proposed
IVU Traffic Technologies remains on course for success: In its Annual Report published today, the Berlin-based IT specialist for public transport announces the best results in its more than 40-year history. All key figures – revenue (€77.8 million), gross profit (€52.1 million) and EBIT (€6.7 million) – were significantly up on the previous year.
To allow shareholders to participate in the positive performance, IVU’s Executive Board and Supervisory Board have resolved to propose a dividend of €0.12 per share at the Annual General Meeting on 28 May 2019 – a 20 percent increase compared with last year’s distribution.
“This result is a great success and shows that our strategy is working. Driving forces for growth were mainly our core markets in Western Europe, where rail and transport companies continue to invest heavily in digitalisation,” says Martin Müller-Elschner, CEO of IVU Traffic Technologies. “Our outlook is also correspondingly positive. This is underlined not least by recent orders and partnerships with leading companies in our industry.” IVU recently announced an order from DB Long Distance and signed a partnership with Daimler Buses.
The 2018 Annual Report is available for download on IVU’s website at: https://www.ivu.com/investors/financial-reports/2018.html
Dr Stefan Steck
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
IVU Traffic Technologies has been working for over 40 years with more than 500 engineers to ensure punctual and reliable transport in the world’s metropolises. In growing cities, people and vehicles are constantly on the move – a logistical challenge that calls for intelligent and secure software systems. The integrated standard products of the IVU.suite work to plan, optimise and control the deployment of buses and trains, provide passengers with real-time information, create routes for parcel delivery services, and support businesses in choosing branch locations.
IVU. SYSTEMS FOR VIBRANT CITIES.