init innovation in traffic systems SE

  • WKN: 575980
  • ISIN: DE0005759807
  • Land: Deutschland

Nachricht vom 18.07.2019 | 16:55

init innovation in traffic systems SE: Preliminary figures: init already exceeds at the half-year mark the planned EBIT for the total year 2019

init innovation in traffic systems SE / Key word(s): Preliminary Results/Half Year Results
init innovation in traffic systems SE: Preliminary figures: init already exceeds at the half-year mark the planned EBIT for the total year 2019

18-Jul-2019 / 16:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Karlsruhe, July 18th, 2019.
After a strong second quarter, init innovation in traffic systems SE has already exceeded the earnings target (EBIT) set for 2019 as a whole. According to preliminary figures, operating earnings before interest and taxes (EBIT) as of June 30th, 2019 amounted to around EUR 8m (first half of 2018: EUR 1.1m). The Managing Board had assumed a target value of EUR 7.5m for the year as a whole. Half-year revenues amounted to around EUR 77m (first half of 2018: EUR 59.3m) and were thus almost 30 percent higher than the previous year.
On the one hand, the revenues growth reflects higher than expected follow-up orders, on the other hand, some projects had a faster impact on revenues than planned.
On the earnings side, the measures taken to increase efficiency in the subsidiaries are also having a positive effect. In addition, the e-ticketing division recorded high growth rates and contributed more to earnings than expected.
The record order income also continued in the second quarter, reaching a figure of EUR 114m for the first half of the year (first half of 2018: EUR 73m).
The Managing Board will update and raise the revenues and earnings forecast in connection with the preparation of the half-year financial report. It is worth noting that revenues and earnings were exceptionally good in the first half of this year.
The half-year financial report will be published on August 8th, 2019.

Person making the notification:
Simone Fritz
Investor Relations

18-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

show this


Media and Games Invest wächst dynamisch und profitabel

Innerhalb des Konzerns Media and Games Invest sind der wachstumsstarke Game-Publisher gamigo AG sowie Unternehmen aus dem dynamischen Bereich „Digital Media“ gebündelt. Der Wachstumskurs der Gesellschaft soll sowohl auf Basis eines anhaltenden anorganischen Wachstums sowie durch den Ausbau des bestehenden Geschäftes fortgesetzt werden. Im Rahmen unserer Initial-Coverage-Studie haben wir ein Kursziel von 1,90 € je Aktie ermittelt und vergeben das Rating KAUFEN..

Aktueller Webcast

SeaChange Corporation

Third Quarter Fiscal Year 2020 Results

04. Dezember 2019

Aktuelle Research-Studie

Aves One AG

Original-Research: Aves One AG (von GBC AG): BUY

06. Dezember 2019