on InTiCom Systems Aktiengesellschaft (isin : DE0005874846)
InTiCa Systems SE: Sluggish Business Performance in H1 2024
InTiCa Systems SE has released its interim report for the first half of 2024, indicating continued sluggish performance. Group sales declined to EUR 39.4 million, down from EUR 45.4 million in H1 2023. The Industry & Infrastructure segment saw a sharp decline in sales, while the Mobility segment remained relatively stable.
The material cost ratio improved to 54.3%, and the EBIT margin was 1.1%, up from 1.0% last year. However, the net income was negative at EUR -0.5 million.
Looking ahead, with ongoing market uncertainties and geopolitical risks, InTiCa expects 2024 sales between EUR 80 million and EUR 95 million, with an EBIT margin of 0.0% to 2.5%.
R. E.
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