Brief: Init Innovation Q1 EBIT Down At EUR 2.9 Mln

Init Innovation In Traffic Systems SE

06/05/2021 09:09

May 6 (Reuters) - init innovation in traffic systems SE
 IXXG.DE :
    * INIT INNOVATION IN TRAFFIC SYSTEMS SE - Q1 NEW ORDERS
ACQUIRED
WITH A VOLUME OF EUR 50.4M (Q1 2020: EUR 44.0M)
    * INIT INNOVATION IN TRAFFIC SYSTEMS SE - Q1 REVENUES OF EUR
40.5M
(Q1 2020: EUR 40.3M)
    * INIT INNOVATION IN TRAFFIC SYSTEMS SE - Q1 AT EUR 2.9M,
EARNINGS
BEFORE INTEREST AND TAXES (EBIT) REMAINED SLIGHTLY BELOW
PREVIOUS YEAR'S FIGURE (Q1 2020: EUR 3.4M)
    * INIT INNOVATION IN TRAFFIC SYSTEMS SE - Q1 CONSOLIDATED
NET
INCOME AS OF 31 MARCH 2021 AMOUNTED TO EUR 1.8M (Q1 2020: EUR
2.2M)
    * INIT INNOVATION IN TRAFFIC SYSTEMS SE - OUTLOOK 2021:
STANDING
BY EXISTING FORECAST WITH REGARD TO REVENUES OF AROUND EUR 180M
AND EBIT OF EUR 18M TO 20M

Source text for Eikon:  ID:nEQ3Jp0Bqa 
Further company coverage:  IXXG.DE 

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