Kapsch TrafficCom Increases Revenues by 85%

IndustrialsIndustrial Goods ♦ Published: November 26, 2010; 16:03 ♦ (Vindobona)

In contrast to negative earnings in FY10-H1, Kapsch TrafficCom Group, listed on the Vienna Stock Exchange, recorded clearly positive earnings in FY11-H1.

Kapsch TrafficCom Increases Revenues by 85% / Picture: © Kapsch AG

In the first half of fiscal year 2010/11 (1 April 2010 to 30 September 2010), the Kapsch TrafficCom Group generated revenues of € 146.5m, an increase of 85% compared with the same period of the previous fiscal year (FY11-H1: € 79.4m). Whereas EBIT was negative at € -4.5m in the first half of 2009/10, it turned back clearly positive to € 18.2 m in the first half of the current…