Sharp Increase in Revenue and Profit for Kapsch TrafficCom

CompaniesTechnology ♦ Published: August 22, 2011; 11:28 ♦ (Vindobona)

Revenues of the Austrian technology company doubled to € 134.7m in the first quarter of FY 2011/12. EBIT increased from € 4.8m to € 22.2m.

Sharp Increase in Revenue and Profit for Kapsch TrafficCom / Picture: © Kapsch AG

Kapsch TrafficCom AG exhibited a successful first quarter of the fiscal year 2011/12. In addition to remarkable increases in revenues and profit, the group made great advances in strategically important projects. On the basis of this progress, several of the company’s milestones for the fiscal year were already achieved shortly after the end of the quarter.

Revenues of the…