Negative Operating Results for Kapsch TrafficCom

Business › n.a. ♦ Published: February 29, 2012; 12:17 ♦ (Vindobona)

Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.

Negative Operating Results for Kapsch TrafficCom / Picture: © Vindobona.org

Kapsch TrafficCom AG today reported Q3 figures today. In the first three quarters of the current fiscal year, the Kapsch TrafficCom Group achieved revenues totaling € 408.2m, representing an increase of 57.9 %. The EBIT increased by 61.1 % from € 23.2m to € 37.4m. This raised the EBIT margin to 9.2 %.

Revenues in the third quarter amounted to € 129.4m, an increase of 15.6…

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