sur Init Innovation In Traffic Systems AG (ETR:IXX)
Shareholders Approve Dividend Increase Amid Continued Growth for Init
Init Innovation In Traffic Systems SE anticipates strong growth for 2025 despite facing increased risks. At the recent shareholders' meeting in Karlsruhe, the Managing Board reiterated its positive forecast, projecting revenue surpassing EUR 300 million and EBIT over EUR 30 million for the year. The first quarter of 2025 saw a significant 40% revenue increase, reaching EUR 70 million.
Shareholders expressed satisfaction, approving a dividend hike to EUR 0.80 per share, resulting in a distribution exceeding EUR 7.9 million. The Management Board remains optimistic due to a substantial order backlog, primarily fueled by innovations in AI and cloud solutions.
The board highlights account-based ticketing, currently being installed in Atlanta for the 2026 FIFA World Cup, as a key growth avenue. This initiative underscores Init's commitment to leveraging technology, including AI, to enhance public transport experiences globally.
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