IVU Traffic Technologies AG provided earnings guidance for the year 2016. The company will achieve the targets set for 2016 as a whole, with revenue expected to significantly exceed the planned EUR 55 million while gross profit is expected to amount to EUR 42 million as planned. However, the net profit for the year is negatively impacted by non-recurring effects due in particular to write-downs on foreign projects, primarily in Israel. For this reason, the company currently anticipate a significant year-on-year decline in EBIT to around EUR 1 million. Demand for the standard products from the company. suite remains strong, resulting in a continued good order level. The increased focus on reliable, high-margin foreign markets has already been initiated. The company therefore expects to see a return to the good profit margins of the previous years in financial year 2017 already.