on IVU Traffic Technologies AG (isin : DE0007448508)
IVU Traffic Technologies AG Reports Strong Q1-2024 Performance
IVU Traffic Technologies AG has reported a solid start to the financial year 2024, with significant growth in revenue and gross profit. In the first quarter, revenue increased by 18% year-on-year, reaching €26.829 million, up from €22.732 million in the same period in 2023.
Gross profit also saw an 11% rise, amounting to €22.008 million compared to €19.866 million in Q1-2023. The operating profit (EBIT) improved slightly, recording a loss of €148 thousand, a marginal improvement from a loss of €415 thousand in the previous year. This performance aligns with IVU's usual seasonal business trends.
The full report is available for further details.
R. P.
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