init innovation in traffic systems SE

IXX

Equity

ISIN DE0005759807 / Valor 1265285

Xetra (2024-11-21)

EUR 35.70-3.51%

init innovation in traffic systems SE
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About company

INIT Innovation in Traffic Systems SE specializes in providing comprehensive IT solutions tailored for the public transport sector on a global scale. The company distinguishes itself by addressing the unique demands and challenges encountered by public transport operators, offering an integrated suite of Intelligent Transportation Systems (ITS) that span all aspects of operational processes. INIT's product and service portfolio encompasses a broad range of solutions designed to streamline and enhance the efficiency of public transport operations. This includes, but is not limited to, real-time management systems, fare collection and ticketing solutions, planning and scheduling software, as well as analytical tools and services aimed at improving the daily operations of public transport providers. Through its focus on innovation and customer-centric approach, INIT aims to facilitate smoother, more efficient public transport services that meet the evolving needs of operators and passengers alike.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the financial year 2023, init innovation in traffic systems SE reported revenues of EUR 210.8 million, marking a significant increase from the EUR 191.3 million recorded in 2022. This growth reflects the company's successful expansion and increased demand for its innovative traffic solutions.

Stable EBIT

For the financial year 2023, init innovation in traffic systems SE maintained a stable EBIT (Earnings Before Interest and Taxes) of EUR 21.0 million, consistent with the previous year's figure. This stability indicates effective cost management and operational efficiency within the company.

Net Profit

In 2023, init innovation in traffic systems SE achieved a consolidated net profit of EUR 15.2 million. Although this represents a slight decrease from the EUR 16.5 million net profit in 2022, it still demonstrates the company's strong profitability and financial health.

Earnings Per Share

For the financial year 2023, init innovation in traffic systems SE reported earnings per share of EUR 1.54. This is a slight decrease from the EUR 1.66 per share reported in 2022, reflecting the minor dip in net profit for the year.

Dividend Increase

In 2023, init innovation in traffic systems SE increased its dividend to EUR 0.70 per share, up from EUR 0.60 per share in 2022. This increase, which includes a special dividend, underscores the company's commitment to delivering value to its shareholders.

Summarized from source with an LLMView Source

Key figures

21.0%1Y

-12.6%3Y

70.0%5Y

Performance

38.3%1Y

44.0%3Y

45.9%5Y

Volatility