Berlin, 29th March 2023 | IVU Traffic Technologies AG had the most successful fiscal year in its company history again in 2022, exceeding its own targets. The sales of the Berlin IT specialist rose by 10.1% to reach €113.2 million, and its gross profit by 19.5% compared to the previous year, reaching €90.6 million. The operating income (EBIT, earnings before interest and taxes) rose by 6.7% to reach €14.9 million – another record high.
In order for IVU's success to reach investors, the Managing Board and Supervisory Board recommended raising dividends to €0.24.
"Public transport with buses and trains is a central means of combating climate change", says Martin Müller-Elschner, CEO of IVU Traffic Technologies. "With our IVU.suite, we help transport operators worldwide to digitalise their processes for even more efficient and attractive local and long-haul transportation."
The annual report for 2022 is available to download on the IVU website: www.ivu.com/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.
End of Media Release
Issuer: IVU Traffic Technologies AG
Key word(s): Finance
29.03.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG.
|Company:||IVU Traffic Technologies AG|
|Phone:||+49 (0)30 85906-0|
|Fax:||+49 (0)30 85906-111|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1595913|
|End of News||EQS Media|
1595913 29.03.2023 CET/CEST