Brief: Init Innovation In Traffic Systems To Propose Reduced Dividend
25/03/2019 15:03
March 25 (Reuters) - init innovation in traffic systems SE IXXG.DE :
* RECORD INCOMING ORDERS OF EUR 161.8M IN 2018 (PREVIOUS YEAR: EUR 139.4M)
* TARGET REVENUES FOR 2019 SET AT EUR 145M (2018: EUR 135.7M)
* OPERATING EARNINGS SHOULD INCREASE TO EUR 7.5M IN 2019 (2018: EUR 6.4M)
* PURSUES A BALANCED DIVIDEND AND GROWTH STRATEGY
* REDUCTION IN DIVIDENDS TO EUR 0.12 PER SHARE PROPOSED
* TARGET RANGE FOR INCOMING ORDERS IN 2019 IS BETWEEN EUR 150M AND EUR 160M
Source text for Eikon: ID:nEQ8lkZYfa
Further company coverage: IXXG.DE
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