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Kapsch TrafficCom AG - Stronger second quarter: The Group continues growth.

Published: November 29, 2017; 07:28 · (Vindobona)

Kapsch TrafficCom increased revenues by 11.3% to EUR 339.8 million in the first half of 2017/18. This was due to the ETC (Electronic Toll Collection) segment, which grew by 15.9%. The IMS (Intelligent Mobility Solutions) segment's revenues were 1.7% lower mainly because non-core business projects have expired which were taken over in connection with the acquisition of the transportation business of Schneider Electric (in 2016).

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Mid Year Financial Report

Vienna -
Zwtl.: Highlights.

* Revenues increased by 11.3% to EUR 339.8 million
* Second quarter of 2017/18 was positive both sequentially and year-on-year
* EBIT for the…

This article includes a total of 1390 words.

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