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Kapsch TrafficCom Reports Strong Growth
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Published: November 23, 2011; 13:18 ♦ (Vindobona)
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Revenues of the Austrian toll system supplier increased by 90%, EBIT more than doubled in the first half of the fiscal year 2011/12.
Kapsch TrafficCom Reports Strong Growth / Picture: © Kapsch AG
Kapsch TrafficCom AG today reported results for the first six months of the fiscal year. Revenues amounted to € 278.8m, up by 90.3% from € 146.5m in the same period of the previous fiscal year. EBIT increased from € 18.2m to € 40.1m, bringing the EBIT margin to 14.4%.
In the second quarter, the Group recorded revenues of € 144.1m, up by 79.5% compared with € 80.3m in…
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