on IVU Traffic Technologies AG (isin : DE0007448508)
IVU Traffic Technologies AG Reports 14% Revenue Increase in Q3-2024
IVU Traffic Technologies AG has published its quarterly report for the third quarter of 2024, showing a continued growth trajectory in its financial performance. For the first nine months of the fiscal year, IVU reported a 14% increase in revenue, reaching €86,006 thousand compared to €75,711 thousand in the same period last year. Gross profit also mirrored this growth, rising by 14% to €73,134 thousand from €63,938 thousand in 2023.
The company's operating profit (EBIT) saw a significant rise, amounting to €3,955 thousand, up from €3,081 thousand during the same period in the previous year. This financial report showcases the company’s robust performance and reinforces its position in the market.
R. H.
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