26.09.2019 init innovation in traffic systems SE  DE0005759807

DGAP-News: init Celebrates 20 Years of Innovation in North America


 

DGAP-News: init innovation in traffic systems SE / Key word(s): Miscellaneous/Miscellaneous
init Celebrates 20 Years of Innovation in North America

26.09.2019 / 13:38
The issuer is solely responsible for the content of this announcement.


 

INIT Innovations in Transportation, Inc. a wholly owned subsidiary of init innovations in traffic systems SE celebrates 20 years of successful business in North America this year. From a small office with five employees, the company has grown to become one of the world's leading suppliers of integrated systems for public transit, and its products have received numerous awards in North America.

Close customer relationships: basis for success

init evolved from a university spin-off in 1983 in Karlsruhe, Germany to become a world market leader for Intelligent Transportation Systems (ITS) with group revenues of more than 135 million Euro and around 800 employees. In 1999, a North American subsidiary, INIT Innovations in Transportation, Inc., was established in Chesapeake, VA with a small staff of five. Since then, the company's evolution has swiftly advanced. Today, with over 55 North American customers, and more than 100 employees, INIT Inc. has thrived in building close customer relations as a firm foundation for its continued business success.

"Our accomplishments are due to the trust of our numerous long-term partnerships and a committed team of employees operating across North America," says INIT, Inc. CEO, Roland Staib.

In 2017, INIT Inc. built a new headquarters to accommodate the company's growing staff, expanded warehouses, and their two manufacturing subsidiaries which produce cable harnesses and electronics.

An established presence on the US West Coast

INIT's presence expanded in 2011 with the establishment of a satellite office in Seattle to serve customers up and down the US West Coast. Since then, an influx of project awards, including the recent deliveries of a next generation fare system for the Central Puget Sound Regional Transit Authority (Sound Transit) in Seattle and an advanced fare payment system for the Metropolitan Transit System (MTS) in San Diego, CA, has been a catalyst for the company's growth momentum.

INIT's reputation as a technology innovator has been recognized over the years with many awards. Most recently, the Canadian Urban Transportation Association (CUTA) awarded INIT with a Corporate Safety and Security Award for their driver performance software implemented at York Region Transit in Toronto. In May 2019, CoVa Biz Magazine bestowed their 2019 Best Place to Work award to INIT for the third consecutive year.




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


26.09.2019 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: 880819

 
End of News DGAP News Service

880819  26.09.2019 

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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 38,700 Kaufen 388,55
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,06 23,87 0,80 34,90
KBV KCV KUV EV/EBITDA
3,43 48,68 1,84 12,84
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,70 0,70 1,81 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
15,84% 27,49% 26,89% 24,04%
    
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Logistik/Verkehr , 575980 , IXX , XETR:IXX