InTiCa Systems SE 9M 2023 Interim Report: Rising Volatility and Price Pressure

• InTiCa Systems SE published its interim report for the first nine months of 2023, reporting group sales of EUR 67.5 million, a decrease from EUR 71.2 million in the same period in 2022.
• The Industry & Infrastructure segment saw strong growth of 19.8%.
• The company's EBIT margin was under pressure, falling to 0.5% from 3.0% in 9M 2022.
• Orders on hand remained high at EUR 106 million, slightly down from EUR 107 million in 9M 2022.
• The company revised its sales range for the full year 2023 to between EUR 85 million and EUR 90 million, and the expected EBIT margin to between -1.0% and +0.5%.
• Despite the challenging market conditions, InTiCa's product and technology strategy remains promising in the medium term, with substantial orders acquired this year in the market for mild-hybrid stator coils.

The price of InTiCa Systems at the time of the news was 4,9850EUR and did not change compared to the previous day.
38 minutes after the article was published, the price was 4,9700EUR this corresponds to a minus of -0,30 % since publication.

InTiCa Systems

0,00 %

-1,23 %

-3,36 %

-28,36 %

-43,24 %

-70,37 %

-28,71 %

-4,86 %

-33,13 %

ISIN:DE0005874846WKN:587484

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