Brief: Init Innovation in Traffic Systems H1 net profit down at EUR 2.4 mln

Init Innovation In Traffic Systems SE

07/08/2015 16:45

Aug 7 (Reuters) - Init Innovation in Traffic Systems AG 
 IXXG.DE : 
    * Revenues continue to be above target - operating profit 
impacted by currency effects and below expectations 
    * H1 total revenues 47.1 million euros ($51.6 million)(prior 
year: 43.9 million euros) 
    * H1 net profit 2.4 million euros (H1 2014: 4.3 million 
euros) 
    * Holds on to its revenue forecast of 104 million euros to 
110 million euros for 2015 
    * Still considers EBIT of its current planning of between 17 
million euros and 19 million euros to be achievable in 2015 
 
     
Source text for Eikon:  ID:nEQ5ZPPGLa  
Further company coverage:  IXXG.DE  
 
($1 = 0.9122 euros) 
 
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