⁽¹⁾The Company has initially applied IFRS 16 as of January 1, 2019, using the modified retrospective approach. Under this approach, comparative information is not restated and the cumulative effect of initially applying IFRS 16 is recognized in retained earnings at the date of initial application. For further information, see Note 2 of the condensed consolidated interim financial statements.

9. Segment reporting

The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.

		Three months ended September 30,
		2019				2018(1)
	(€ in thousands)
		SYSTEMS		SERVICES		SYSTEMS		SERVICES
Revenues		1,636		2,800		3,744		3,377
Gross profit		357		508		1,197		1,114
Gross profit margin		21.8	%	18.1	%	32.0	%	33.0	%

		Nine months ended September 30,
		2019				2018 (1)
	(€ in thousands)
		SYSTEMS		SERVICES		SYSTEMS		SERVICES
Revenues		6,180		8,871		7,002		10,433
Gross profit		1,717		2,587		2,051		4,243
Gross profit margin		27.8	%	29.2	%	29.3	%	40.7	%

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