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

  • Jenoptik sees value in international outlook
    June 13, 2024
    Technology is always changing in the traffic management sector. Tobias Deubel of Jenoptik talks to Adam Hill about the past, the future – and the importance of global partnerships
    Read More
  • Agencies in pursuit of high-speed WIM accuracy
    April 20, 2017
    Alan Dron looks at where WIM is heading in the near future. As Weigh-In-Motion (WIM) systems grow in sophistication and accuracy, they are increasingly being used in more active roles to help ensure road safety through enforcement action against overweight vehicles.
    Read More
  • Alcohol interlocks aid drink drive adherence
    October 28, 2016
    The use of alcohol interlocks to prevent drink driving and change driver behaviour is gaining ground around the world but needs greater buy-in from authorities as Colin Sowman discovers. The often repeated mantra says that prevention is better than cure - and none more so than in the case of drink-driving. The introduction of the breathalyser provided an objective indication of alcohol consumption instead of having drivers touch their nose or walk in a straight line. Initially breathalysers were used as a r
    Read More
  • Regina Hopper: Joining the ITS Revolution
    October 6, 2015
    Less than five months ago, Regina Hopper took up the reins as President and Chief Executive Officer of ITS America at an important juncture in the future of the nation's transportation infrastructure. As she arrived in Bordeaux to fully participate in her first ITS World Congress, she explained her background and the challenges and opportunities facing this industry.
    Read More

Highlighted Content