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4-Traders Homepage  >  Equities  >  Xetra  >  PSI Software AG    PSAN   DE000A0Z1JH9

PSI SOFTWARE AG (PSAN)
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PSI Software : delivers Train Scheduling System to Berliner Verkehrsbetriebe (BVG)

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04/16/2018 | 08:42pm CEST

Berlin, 16 April 2018 - Berliner Verkehrsbetriebe (BVG) AöR has commissioned PSI subsidiary PSI Transcom GmbH to implement the PSItraffic operations control system for subway operations. The system will control and monitor the largest contiguous public transport network of this kind in Germany on nine lines from one central control center. In addition, PSI supplies a component for the management of the approximately 1,200 vehicles.

PSItraffic offers comprehensive functionalities for the complex requirements of daily subway operation and, in the future will ensure reliable and optimized operation control with the main components train scheduling, automatic train steering, schedule management, train monitoring and vehicle management. The specific processes of the Berlin subway are mapped in the flexibly configurable PSItraffic system with a modern graphical disposition interface.

The contract also includes the delivery of numerous interfaces to existing systems of the BVG such as interlocking remote control, vehicle identification, digital radio, timetable planning, passenger information and other systems for data supply and data acceptance.

With the vehicle management from PSI, BVG will be more closely interconnecting its processes between passenger operations and garages, harmonizing processes and optimizing vehicle availability.

In 2017, Germany's largest public transport company BVG, counted a total of 1,064 million passenger journeys by bus, subway and tram. The backbone forms the subway with 563 million passenger journeys. The total of nine subway lines reaches a length of 146 kilometers and connects 173 stations.

On the basis of its own software products, PSI Group develops and integrates complete solutions for energy management (energy networks, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs more than 1,650 people worldwide.

Disclaimer

PSI AG published this content on 16 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 April 2018 18:41:02 UTC

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Financials (€)
Sales 2018 199 M
EBIT 2018 15,6 M
Net income 2018 11,4 M
Finance 2018 2,76 M
Yield 2018 1,62%
P/E ratio 2018 23,17
P/E ratio 2019 19,88
EV / Sales 2018 1,32x
EV / Sales 2019 1,32x
Capitalization 265 M
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 18,4 €
Spread / Average Target 9,5%
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Managers
NameTitle
Harald Schrimpf Chief Executive Officer
Karsten Trippel Chairman-Supervisory Board
Harald Fuchs Chief Financial Officer
Elena Günzler Member-Supervisory Board
Ulrich Wilhelm Jaroni Vice Chairman-Supervisory Board
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