InTiCa Systems SE: Preliminary 9-Month Figures Released, Forecast Adjusted

• InTiCa Systems SE has revised its forecast for 2023 based on provisional figures.
• The company posted consolidated sales of around EUR 67.5 million in the first nine months of 2023, down from EUR 71.2 million in the same period in 2022.
• The EBIT margin for the first nine months of 2023 was around 0.5%, down from 3.0% in the same period in 2022.
• The reduction in sales was due to lower sales, increased price pressure, and higher wage costs in the Automotive segment, despite high demand in the Industry & Infrastructure segment.
• The company now expects sales to be between EUR 85 million and EUR 90 million for the full year 2023, and the EBIT margin to be between -1.0% and +0.5%.
• The full nine-month report with all figures and an extensive forecast will be published on November 15, 2023.