Brief: Init sees FY 2016 revenues of about 100 mln euros

Init Innovation In Traffic Systems SE

23/03/2016 15:05

March 23 (Reuters) - Init Innovation In Traffic Systems AG 
 IXXG.DE : 
    * Expects revenues of about 100 million euros ($111.78 
million) with a slight decline in margins for 2016. This 
corresponds to an operating profit (EBIT) of approximately 8 
million euros 
    * Incoming orders to be expected in 2016 of around 110 
million euros 
 
Source text for Eikon:  ID:nEQbjTtH5a  
Further company coverage:  IXXG.DE  
 
($1 = 0.8946 euros) 
 
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