Kapsch TrafficCom Records Strong Growth in 2010/11

CompaniesTechnology ♦ Published: June 8, 2011; 20:27 ♦ (Vindobona)

The Austrian technology group reported the best result in its history in the last year. EBIT almost doubled to € 48.9m.

Kapsch TrafficCom Records Strong Growth in 2010/11 / Picture: © Kapsch AG

Revenues of Kapsch TrafficCom Group in the fiscal year 2010/2011 increased by 80% as compared to the previous fiscal year and reached an all-time high of € 388.6m. EBIT in the fiscal year 2010/2011 increased by 99% year-on-year to another all-time high of € 48.9m. The EBIT margin increased to 12.6% compared to 11.4% during the previous fiscal year.

The development of the…