Financial Reports

Revenues increased by around 14 percent to EUR 40.3m (Q1 2019: EUR 35.3m)

Operating profit more than tripled compared with previous year

Gross margin increased to 35 percent (Q1 2019: 30 percent)

Incoming orders on target at EUR 44m

Cash flow reaches EUR 6.5m (Q1 2019: EUR 1.8m)

The coronavirus crisis did not affect the growth of init innovation in traffic systems SE (ISIN DE 0005759807) in the first quarter of the 2020 financial year. According to the figures available now, the leading international supplier of telematics, planning and ticketing systems for buses and trains increased its revenues in this period by around 14 percent year on year to EUR 40.3m (Q1 2019: EUR 35.3m). Both the operating profit (EBIT) and the consolidated net profit tripled at the same time. The Managing Board has therefore confirmed its forecast for the year as a whole with a revenues target of around EUR 180m and earnings before interest and taxes (EBIT) of EUR 18 to 20m. The 2020 revenues and earnings planning takes into account the full consolidation of the DResearch Fahrzeugelektronik Group (DVS/DFE) starting in April 2020.

The complete quarterly statement will be available from 14 May 2020 on this site. 

Do you have any questions or comments about investor relations? We are here to help.