16.07.2019 init innovation in traffic systems SE  DE0005759807

DGAP-News: init innovation in traffic systems SE: To guarantee a successful shift to electric buses


 

DGAP-News: init innovation in traffic systems SE / Key word(s): Miscellaneous/Product Launch
init innovation in traffic systems SE: To guarantee a successful shift to electric buses

16.07.2019 / 11:09
The issuer is solely responsible for the content of this announcement.



Software from init makes electromobility safe and efficient
Rheinbahn and Verkehrsbetriebe Hamburg-Holstein implement the switch together with Karlsruhe-based supplier for telematics

 

Climate change and measures to mitigate it dominate the social, political and economic agendas. An active effort is also being made to set the right course towards CO2 prevention and electromobility in public transport. Düsseldorf's Rheinbahn and Verkehrsbetriebe Hamburg-Holstein (VHH) are among the pioneers in Germany. The shift to electric buses places new demands on the planning, operation and depot management of vehicle fleets. This is where init's integrated solution comes in - it solves problems that arise with the integration of electric buses into the operating systems of public transport companies. Innovative transport companies such as Rheinbahn and VHH are therefore relying on collaboration with the Karlsruhe-based supplier for telematics.

E-mobility calls for new information systems

The national targets for awarding public contracts for environmentally friendly buses are between 24 and 45 per cent in 2025 and between 33 and 66 per cent in 2030. Half of these targets must be achieved by purchasing zero-emission electric buses. For Germany and Sweden, for example, this means that by 2025 almost a quarter of newly procured public transport buses will be fully electric.

Just as important as the provision of emission-free electric buses is ensuring that stable, regular operation can be established. As the transition is made away from buses using conventional internal combustion engines and towards electric drives, the requirements placed on operational processes and, by extension, on technology-based information systems will also change significantly. From the basic information underlying fundamental decisions to charge management and from range prediction to making adjustments in the existing information systems, all functionalities must be taken into consideration in an integrated solution.

Both Rheinbahn and VHH already use MOBILE-ITCS, init's transport control system, to operate their fleets of buses and therefore decided to collaborate with the Karlsruhe-based specialists in a joint project aimed at making the switch to e-mobility and implementing the requisite ITCS control system.

VHH will only procure electric buses for the Hamburg area from 2020 onwards. In Hamburg, the switch to electromobility should be complete by 2030. To make that a reality, work is currently going on at full speed to provide the indispensable new infrastructure. This includes, among other things, new depots and the charging infrastructure, training for drivers, extensive digitalisation and, last but not least, smart charge management.

Rheinbahn is also getting its vehicle fleet ready for a clean future. The two electric buses already in the fleet will be joined by another ten electric buses by the end of 2019 / beginning of 2020. The buses will run on two inner-city routes and be charged overnight in the depot. In addition to the purchase of the vehicles, the state of North Rhine-Westphalia is also subsidising the charging infrastructure required for operation and the special workshop equipment for the electric buses. Within the scope of the subsidised projects, MOBILE-ITCS must be expanded so that the charge status and electric buses' remaining range can be monitored on an ongoing basis. The Federal Ministry of Transport and Digital Infrastructure also support both transport companies. MOBILErange, init's newly developed software, will also be used for making range predictions.

Charging and cost optimisation

The eMOBILE-PLAN system is ideal not only for simulations but also for planning day-to-day operations including timetables, schedules and duty rosters for the electric buses. The smart charging system monitors both the charging process and charging capacity with respect to charging peaks in order to enable cost-optimised charging.

"With our software packages, we are making a significant contribution to ensuring that public transport companies can introduce electromobility safely, reliably and efficiently," says Dr Jürgen Greschner, init's Chief Sales Officer. "That is our contribution to shaping the future with innovations for the transformation of transport."

That was also the motto of this year's annual conference of the Association of German Transport Companies (VDV) in Mannheim, where init presented these forward-looking software solutions for e-mobility.
img



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



16.07.2019 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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
EQS News ID: 841909

 
End of News DGAP News Service

841909  16.07.2019 

fncls.ssp?fn=show_t_gif&application_id=841909&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
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
Ergebnis je Aktie8 0,37 0,24 1,13 1,50 1,25 1,66 1,54
Dividende8 0,22 0,12 0,40 0,55 0,55 0,70 0,22
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Init
WKN Kurs in € Einschätzung Börsenwert in Mio. €
575980 37,300 Kaufen 374,49
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
18,37 23,78 0,80 33,63
KBV KCV KUV EV/EBITDA
3,31 46,92 1,78 12,41
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,70 0,70 1,88 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
11,35% 22,76% 22,30% 21,10%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu init innovation in traffic systems SE  ISIN: DE0005759807 können Sie bei EQS abrufen


Logistik/Verkehr , 575980 , IXX , XETR:IXX