Financial Reports

On the following pages we provide init’s annual reports and quarterly statements of init SE in PDF format.

Key figures

The most important key figures in comparison

	2021	2020	2019	2018	2017	2016
Revenues (EUR million)	176.7	180.7	156.5	135.7	130.6	108.6
EBIT (EUR million)	17.6	19.6	16.2	6.4	8.6	11.7
Consolidated net profit (EUR million)	12.4	14.9	11.3	2.4	3.6	8.6
Earnings per share (EUR)	1.25	1.50	1.13	0.24	0.37	0.86
Dividend (EUR)	0.55*	0.55	0.40	0.12	0.22	0.22
Employees	1,055	1,009	866	796	737	702

*proposed to the AGM 2022

Financial Year 2022

Order income grows by almost 25 percent - revenues and earnings lag behind previous year

Revenues reached EUR 35.6m (Q1 2021: EUR 40.5m), EBIT EUR 0.5m (Q1 2021: EUR 2.9m)
Further order income record of EUR 62.9m (Q1 2021: EUR 50.4m)
Revenues and earnings targets reaffirmed (revenues 2022: EUR 190 to 200m, EBIT EUR 15 to 20m)

Karlsruhe, 6 May 2022.

The preliminary figures now available for the first quarter of 2022 have confirmed the cautious planning approach of the Managing Board of init innovation in traffic systems SE (ISIN DE 0005759807). While revenues and earnings lagged behind the previous year due to the global economic turmoil and project delays affecting supply chains and procurement prices, incoming orders increased by almost 25 per cent to EUR 62.9m (Q1 2021: EUR 50.4m). "We therefore continue to expect to achieve our revenues target in the range between EUR 190m and 200m for 2022 and to return to our sustainable growth path from 2023 onwards," announced the Managing Board in a first quarter statement.

"As a company, we have also been affected by the repercussions of the Ukraine war. This has led to lower revenues and earnings compared to the previous year. However, we can expect to make up for this as the year progresses, which is also evidenced by the very positive development in incoming orders," emphasises the Managing Board.