Mixed Results for Kapsch TrafficCom

Businessn.a. ♦ Published: July 17, 2012; 14:40 ♦ (Vindobona)

Strong growth continues, revenues up 42% in reporting period. However, earnings below previous year due to project delays. Net income is slightly down.

Mixed Results for Kapsch TrafficCom / Picture: © Kapsch AG

Kapsch TrafficCom AG, listed on the Vienna Stock Exchange, can look back at five successful years since its initial public offering in June 2007. In the past fiscal year 2011/12, which ended on 31 March 2012, revenues increased again by 42% compared to the previous year. This growth reflects, in particular, the progress of the two major projects in Poland and South Africa but also the…