Strong Sales Growth for Init Innovation in Traffic Systems SE in H1 2025

Init Innovation in Traffic Systems SE has experienced significant growth in the first half of 2025. According to a research update from Quirin Privatbank, the company's revenue reached EUR 141.8 million, up approximately 24% from the previous year's EUR 114.5 million. A notable contribution to this growth came from the DILAX group, acquired in September 2024, adding EUR 10.1 million to revenue. This reflects an organic growth rate of around 15% compared to H1 2024.

The company's performance prompted an adjustment in forecasts, raising the target price from EUR 55.00 to EUR 60.00, with a recommendation to 'Buy'. Despite a slight dip in EBIT, falling from EUR 6.7 million to EUR 6.5 million, intensive project activities in North America remain the primary growth driver.