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Asfinag Enhanced Profits

Published: April 26, 2012; 23:33 · (Vindobona)

In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.

Asfinag Enhanced Profits / Picture: © Asfinag

Last year, Asfinag´s revenues fell from € 2.47bn to € 1.87bn. The operating result rose to € 1.02bn from € 860.9m. Toll revenues grew by 3.3%, tolls for cars increased by 3.0% to € 356m. Other fees were up from € 124m to € 130m. Reimbursement to the Austrian federation fell drastically from € 907m to € 254m.

Asfinag has long-term debts of € 9.5bn (after €…

This article includes a total of 88 words.

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