init innovation in traffic systems AG : init on course for further growth through innovations
03/30/2012| 01:20am US/Eastern

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init on course for further growth through innovations
"The record figures achieved in 2011 actually pre-empt some
of the growth expected this year, but we are confident that
sales and earnings in 2012 will grow further still in 2012,"
the Managing Board confirmed today at the analyst and press
conference held on the group's financial statements in
Frankfurt.
At around EUR 118m, orders on hand were said to be at a high
level and may further increase over the next few weeks when a
number of major projects will come to a decision. Currently,
revenues are expected to total "more than EUR 95m" in
2012.
For further information please refer to our press
release.
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This press release was issued by INIT - innovation in traffic systems AG and was initially posted at http://www.init-ka.de/en/news/news.php?showId=1071 . It was distributed, unedited and unaltered, by noodls on 2012-03-30 07:17:55 AM. The issuer is solely responsible for the accuracy of the information contained therein.
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