Init H1 FY26 EBIT more than doubled to EUR 12.42 million; revenue rises 41.7% to EUR 200.92 million
Reuters2026/08/13 03:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Init reported H1 IFRS net income of EUR 5.64 million, up 53.69% year over year, as revenue rose 41.7% to EUR 200.92 million.
- EBIT nearly doubled to EUR 12.42 million, while EPS increased to EUR 0.59.
- Q2 order intake climbed to EUR 185.6 million, driven by the Sydney Opal ticketing modernization contract.
- Backlog stood at EUR 408.4 million, while contracted performance obligations totaled EUR 1.24 billion.
- Guidance reiterated for 2026 revenue of EUR 380-410 million, EBIT of EUR 38-42 million, operating cash flow of EUR 32-38 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Init - Innovation In Traffic Systems SE published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.
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