Overview
Germany digitalisation specialist for buses and trains posted record Q1 revenue
Q1 EBIT more than tripled yr/yr to EUR 6.7 mln
Company reaffirmed full-year revenue and EBIT growth forecast
Outlook
Company reaffirms 2026 revenue forecast of EUR 380 mln to EUR 410 mln
Company maintains 2026 EBIT guidance of EUR 38 mln to EUR 42 mln
Result Drivers
MAJOR PROJECTS - Successful implementation of ticketing systems in Atlanta and Houston ahead of the Soccer World Cup drove Q1 revenue growth
SYNERGIES - Company said synergies from establishing business units are increasingly evident in financial results
Company press release: ID:nEQ6QQZNMa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBIT
EUR 6.70 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for init innovation in traffic systems SE is €68.00, about 34.4% above its May 12 closing price of €50.60
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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