Put companies on watchlist
InTiCa Systems SE
ISIN: DE0005874846
WKN: 587484
More AI Integrations
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

InTiCa Systems SE · ISIN: DE0005874846 · EQS - adhoc news (47 News)
Country: Germany · Primary market: Germany · EQS NID: 2015303
24 October 2024 10:27AM

Revised forecast for the 2024 financial year


EQS-Ad-hoc: InTiCa Systems SE / Key word(s): Change in Forecast
InTiCa Systems SE: Revised forecast for the 2024 financial year

24-Oct-2024 / 10:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014

InTiCa Systems SE: Revised forecast for the 2024 financial year


Passau, October 24, 2024 InTiCa Systems SE (ISIN DE0005874846; WKN 587484) has reviewed its forecast for the current financial year and revised its guidance for 2024. Instead of Group sales at the lower end of the EUR 80.00 million to EUR 95.0 million range, sales are now expected to be between EUR 70.0 million and EUR 75.0 million. On the earnings side, the lower sales result in an operating loss, despite optimization of inventories and cost savings. So far, a positive EBIT margin of between 0% and 2.5% had been anticipated.

The revision of the forecast is due to the persistently negative business environment in both the Mobility segment and the Industry & Infrastructure segment. In order to reduce dependence on individual products and sectors of industry, in July 2024 InTiCa decided on a strategic expansion of its product portfolio and extension of its expertise as a solution provider to further market areas. Although positive effects are visible, they are not sufficient in the short term to offset the continued clear reduction in order offtake by automotive customers in the third quarter and the considerable reduction in planned demand in the photovoltaic and charging station markets.

InTiCa Systems SE will provide extensive information on the development so far this year and the outlook in its report on the first nine months, which will be published on November 29, 2024.


InTiCa Systems SE


The Board of Directors

 

 CONTACT Dr. Gregor Wasle | CEO

 TEL +49 (0) 851 – 966 92 – 0

 FAX +49 (0) 851 – 966 92 – 15

 EMAIL investor.relations@intica-systems.com

 

About InTiCa Systems

InTiCa Systems SE is an international provider of electronic components and systems. Its innovative solutions for the automotive industry, renewable energy, industrial applications and other sectors make a contribution to a more sustainable, networked future. You can find further information at www.intica-systems.com.

Forward-looking statements and predictions

This press release contains statements and forecasts referring to the future development of InTiCa Systems SE which are based on current assumptions and estimates by the management that are made using information currently available to them. If the underlying assumptions do not materialize, the actual figures may differ substantially from such estimates. Future developments and results are in fact dependent on a large number of factors; they contain different risks and imponderables and are based on assumptions that may not be accurate. We neither intend nor assume any obligation to update forward-looking statements on an ongoing basis as these are based exclusively on the circumstances prevailing on the date of publication.

 



End of Inside Information

24-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: InTiCa Systems SE
Spitalhofstraße 94
94032 Passau
Germany
Phone: 0851 / 96692 0
Fax: 0851 / 96692 15
E-mail: investor.relations@intica-systems.com
Internet: www.intica-systems.com
ISIN: DE0005874846
WKN: 587484
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2015303

 
End of Announcement EQS News Service

2015303  24-Oct-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2015303&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - InTiCa Systems SE
Smart analysis and research tools can be found here.
MIC: XFRA

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2025
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.