Massive Increase in Sales and Earnings for Kapsch

CompaniesTechnology ♦ Published: March 1, 2011; 00:19 ♦ (Vindobona)

The Austrian Kapsch TrafficCom releases results for the third quarter of fiscal year 2010/11. EBIT margin doubled from 4.4% to 9.0%.

Massive Increase in Sales and Earnings for Kapsch / Picture: © Kapsch AG

Kapsch TrafficCom AG, listed on the Vienna Stock Exchange in the prime market segment, increased revenues of the Kapsch TrafficCom Group by 74 % and more than tripled the operating result (EBIT) in the first three quarters of fiscal year 2010/11 compared with the same period of the previous fiscal.

Revenues and earnings In the first three quarters of fiscal year 2010/11 (1 April…