on Init Innovation In Traffic Systems AG (ETR:IXX)
Init Group Upscales 2025 Financial Year Forecast
Init Innovation in Traffic Systems SE has announced a revision in its revenue and EBIT forecasts for 2025. The company now anticipates revenue to be between EUR 340 and 370 million, an increase from the previously projected EUR 300–330 million. Its earnings before interest and taxes (EBIT) are also projected to rise, reaching EUR 32–35 million, up from an earlier estimate of EUR 30–33 million.
This adjustment follows additional funding allocated by the Metropolitan Atlanta Rapid Transit Authority (MARTA) Board of Directors for the AFC 2.0 project handled by INIT Inc., a subsidiary of init SE. The project has received an additional USD 60 million for its construction phase, impacting init SE's revenue expectations significantly, though with limited effect on earnings.
R. H.
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