Brief: Init 9-Mth Revenues At EUR 112.8 Mln

Init Innovation In Traffic Systems SE

29/10/2019 10:28

Oct 29 (Reuters) - INIT INNOVATION IN TRAFFIC SYSTEMS SE
 IXXG.DE :
    * CONTINUES TO SET ITS SIGHTS ON RECORD TARGET FOR THE FULL
FINANCIAL YEAR
    * REVENUES AFTER NINE MONTHS ALREADY REACHED EUR 112.8M
(PREVIOUS
YEAR: EUR 95.6M)
    * 9-MONTH EARNINGS BEFORE INTEREST AND TAXES (EBIT)
INCREASED TO
EUR 10.4M (PREVIOUS YEAR: EUR 3.5M)
    * 9-MONTH ORDER BACKLOG AMOUNTS TO EUR 162M AT END OF
SEPTEMBER
(PREVIOUS YEAR: EUR 157M)
    * CONFIRMS ITS FORECAST FOR FULL FINANCIAL YEAR 2019, RAISED
AT
END OF JULY, TO BETWEEN EUR 150M AND 160M IN REVENUES AND AROUND
EUR 15M IN EBIT

Source text for Eikon:  ID:nEQZgb44a 
Further company coverage:  IXXG.DE 

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