30.11.2018 init innovation in traffic systems SE  DE0005759807

DGAP-News: init innovation in traffic systems SE: New capacity comes on stream


 

DGAP-News: init innovation in traffic systems SE / Key word(s): Miscellaneous
init innovation in traffic systems SE: New capacity comes on stream

30.11.2018 / 07:56
The issuer is solely responsible for the content of this announcement.


init opens a software development centre in Ireland, its first outside Germany

- Innovation for the island and a focus on the English-speaking world

- Successful reference projects

In the Bloomberg Innovation Index 2018, a list of the most innovative countries in the world, Ireland occupies the 13th place out of 200 countries - just behind Germany. In some subcategories, such as "Productivity", Ireland comes out top. Ireland's capacity for innovation is now being tapped by init innovation in traffic systems SE, which has opened its first software development centre outside Germany in Maynooth, close to the capital Dublin.

"For us this has two major advantages: we can provide even better support to our Irish customers, and from here we can provide innovative software to the growing English-speaking markets," explains Dr Jürgen Greschner, Chief Sales Officer at init innovation in traffic systems SE.

The Karlsruhe-based specialists in integrated planning, dispatching, telematics and ticketing solutions for buses and trains have been active in Ireland for several years now and have successful reference projects in the country under their belts. At Dublin Bus, for instance, the leading public transport provider on the island, init has put in place an integrated telematics solution.

In the course of the project it also became clear what major efforts the country is making to establish itself as an international software hub and centre of innovation. There are 14 Technology Centres, 15 Technology Gateways and 12 Research Centres where issues such as big data, digital content, nanotechnology and other intelligent technologies are researched. In each of these centres, scientists and engineers work together across academic and business boundaries to find solutions to important questions for society.

"Here we found the sort of capacity and infrastructure that were decisive for the establishment and growth of init at its original base in Karlsruhe. We therefore wish to make use of these rich resources, particularly in the IT sector, for our growth in the English-speaking world", is how Matthias Kühn, a member of the init Managing Board and Managing Director of INIT Ireland, sums it up.

 

University city that is going places

INIT Ireland is based in the university city Maynooth, about 25 kilometres west of Dublin. Maynooth hosts Ireland's fastest-growing university, which now has more than 11,000 students from 90 countries. A particular focus of its research and education is intelligent transport infrastructure - init's core business.

INIT Ireland already has eight members of staff working on ticketing solutions for the global market. In future, there may be 20 more, as Matthias Kühn emphasised on the opening day. "We are delighted to be able to strengthen our presence in Ireland. With its fast-growing economy, well-developed infrastructure and the highly skilled labour force we have available here, Ireland is an ideal location for us."

About init

As worldwide leading supplier of integrated planning, dispatching, telematics and ticketing systems for buses and trains, init has helped transport companies make public transport more attractive, faster and more efficient for over 30 years. Over 600 customers worldwide now rely on init's innovative hardware and software solutions.

 
 

Contact:
Person making the notification:
Simone Fritz
Investor Relations
[email protected]


30.11.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: init innovation in traffic systems SE
Käppelestraße 4-10
76131 Karlsruhe
Germany
Phone: +49 (0)721 6100 0
Fax: +49 (0)721 6100 399
E-mail: [email protected]
Internet: www.initse.com
ISIN: DE0005759807
WKN: 575980
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

753109  30.11.2018 

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Umsatzerlöse1 130,55 135,71 156,46 180,67 176,66 191,25 210,80
EBITDA1,2 12,76 10,94 23,45 28,89 27,41 31,21 32,26
EBITDA-Marge3 9,77 8,06 14,99 15,99 15,52 16,32
EBIT1,4 8,56 6,37 16,24 19,64 17,57 21,01 21,02
EBIT-Marge5 6,56 4,69 10,38 10,87 9,95 10,99 9,97
Jahresüberschuss1 3,64 2,44 11,34 14,94 12,45 16,50 15,15
Netto-Marge6 2,79 1,80 7,25 8,27 7,05 8,63 7,19
Cashflow1,7 2,05 12,81 21,13 24,44 16,01 24,38 7,98
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INVESTOR-INFORMATIONEN
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Init
WKN Kurs in € Einschätzung Börsenwert in Mio. €
575980 38,900 Kaufen 390,56
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,16 23,88 0,78 35,08
KBV KCV KUV EV/EBITDA
3,45 48,94 1,85 12,90
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,70 0,70 1,80 06.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 13.08.2024 13.11.2024 21.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
16,81% 28,31% 27,54% 25,48%
    
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