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Kapsch TrafficCom AG / Kapsch initiated a set of measures to improve profitability
Press Wire ♦
Published: August 20, 2014; 07:30 ♦ (Vindobona)
Kapsch TrafficCom AG reports positive project progress in the first quarter of fiscal year 2014/15 with continued success in the ongoing installation and operation projects. However, the forecast market growth still has not materialized, and no new projects arose. In particular, no invitations to tender for major toll projects in Europe are in the immediate vicinity. Kapsch TrafficCom has therefore initiated a set of measures for adapting its growth-oriented organizational structure to this situation.
Kapsch TrafficCom AG / Kapsch initiated a set of measures to improve profitability / Picture: © Vindobona.org
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quarterly report
· Existing projects continue to progress well, new installation projects fail to materialize
· Revenue and EBIT below the previous year, profit for the period improved
· Comprehensive set of measures to improve…
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