Brief: Init Q2 revenues down at 22.4 million euros
05/08/2016 08:00
Aug 5 (Reuters) - Init AG IXXG.DE :
* H1 EBIT decreased year-on-year to 1.9 million euros
(previous year: 3.7 million euros)
* Now expects to generate revenues of approximately 106
million euros (previous forecast: 100 million euros) at group
level in 2016, resulting in EBIT of some 12 million euros
(previously: 8 million euros)
* Generated Q2 revenues of 22.4 million euros (Q2 2015: 23.6
million euros)
* Recently raised its forecast for full year in view of
positive effects expected from acquisition of an additional 25.5
per cent stake in sensor specialist Iris-GmbH
* Order backlog as at 30 june stood at approximately eur
123m (previous year: eur 121m) and as such already covered more
than one year's revenues
Source text for Eikon: ID:nEQ3hzm3wa
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