IRD pleased with 2014 performance to date

International Road Dynamics’ results for the three and six one of the world's leading providers of systems and solutions for the three and six months ended 31 May show total revenue up 15 per cent year to date, which the company says is due to a strong growth in key geographic markets. Revenue in Canada and the US revenue rose 23 per cent year to date on solid performance in projects and product sales, while Latin America revenue increased 22 per cent year to date on significant project deliveries. Sout
July 11, 2014 Read time: 2 mins
69 International Road Dynamics’ results for the three and six one of the world's leading providers of systems and solutions for the three and six months ended 31 May show total revenue up 15 per cent year to date, which the company says is due to a strong growth in key geographic markets.

Revenue in Canada and the US revenue rose 23 per cent year to date on solid performance in projects and product sales, while Latin America revenue increased 22 per cent year to date on significant project deliveries.  South Asia revenue was lower, reflecting limited business activities in the region.

IRD’s net earnings were up 70 per cent year to date, providing a stable financial position with positive working capital of US$7.7 million.

“Overall we are pleased with our performance through the First six months of fiscal 2014 as we continue to generate solid growth in our key Canada and United States and Latin America regions," commented Terry Bergan, president and CEO. "We are also pleased to see another quarter of positive contribution from our equity investment in China.”
Charging, Tolling & RUC Detection, Monitoring & Machine Vision Classification & Data Collection

For more information on companies in this article

Related Content

  • Moody’s: Burden of infrastructure spending increasingly falling on US states
    January 24, 2017
    Repairing or replacing aging transportation infrastructure, such as roads and bridges, will require US states to shoulder additional cost burdens since federal funding has stagnated over the last 20 years, Moody’s Investors Service says in a new report. States with large maintenance burdens and backlogs will face budgetary challenges in meeting these needs. US federal highway aid has seen little growth from fiscal 2009-15 and is projected to remain flat when adjusted for inflation through fiscal 2020. Th
    Read More
  • NTTA: Diversity boosts access & opportunity
    November 3, 2021
    North Texas Tollway Authority has won IBTTA’s first Diversity, Equity and Inclusion Award. But what made the organisation’s focus on disadvantaged, minority and woman business enterprises stand out?
    Read More
  • Robust enforcement strategy needed for free flow toll roads
    January 10, 2012
    Timidity has no place in effective enforcement operations on free-flow toll roads, says the NRA's Cathal Masteron. What's needed is a robust strategy which starts big and reduces in size over time, rather than starts small and gains a reputation for being easy to avoid
    Read More
  • First year of growth in demand for public transport in EU ‘since economic crisis’
    June 21, 2016
    The use of public transport in the European Union has reached its highest level since 2000, with a total of 57.9 billion journeys made in 2014, according to a new study released today by UITP (International Association of Public Transport). 2014 was the first year of distinct growth in demand for public transport after years of stable demand following the start of the economic crisis in 2008. The highest total demand in 2014 for bus, tram, metro and suburban rail was recorded in Germany (10.9 billi
    Read More

Highlighted Content