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Kapsch TrafficCom Posts Loss in the First Quarter of 2012/13

Published: August 24, 2012; 11:40 · (Vindobona)

Decline in sales and negative result. Focus remains on large projects in Poland and South Africa. Net income reached € -4.4m.

Kapsch TrafficCom Posts Loss in the First Quarter of 2012/13 / Picture: © Kapsch AG

Kapsch TrafficCom AG, listed in the Prime Market of the Vienna Stock Exchange, experienced a heterogeneous first quarter in fiscal year 2012/13. While the developments in the two ongoing projects in Poland and South Africa led to disappointing revenues and results during the reporting period, the significant improvement in the key balance sheet figures reconfirmed the financial strength…

This article includes a total of 988 words.

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