Brief: Init Innovation In Traffic Systems FY EBIT Down At EUR 6.3 Mln

Init Innovation In Traffic Systems SE

26/02/2019 13:37

Feb 26 (Reuters) - init innovation in traffic systems SE  IXXG.DE :
    * ACHIEVED REVENUE TARGET SET FOR 2018 WITH EUR 135M (PREVIOUS YEAR: EUR130.6M)
    * FY EBIT WILL FALL SHORT OF FORECAST (EUR 10-12 M)
    * EBIT FOR PAST FINANCIAL YEAR AMOUNTS TO EUR 6.3M (PREVIOUS YEAR: EUR 8.6M)
    * FOR CURRENT YEAR, EXPECTS A SIGNIFICANT INCREASE IN REVENUES AND EARNINGS

Source text for Eikon:  ID:nEQ4zzrnca 
Further company coverage:  IXXG.DE 

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