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

  • ITF releases projections for modal shares, emissions
    December 4, 2014
    New projections, released today by the International Transport Forum (ITF) at the OECD during the COP20 climate change negotiations in Lima, Peru, highlight a critical choice for policy makers: whether to pursue urbanisation based on public transport or on private transport with cars and two-wheelers. Big cities in China, India and Latin America with over 500,000 inhabitants will more than double their share of world passenger transport emissions by 2050 to 20 per cent (2010: 9 per cent), if current urba
    Read More
  • Report forecasts growth in global markets for intelligent transportation systems
    November 1, 2012
    A new report by information service provider Global Information says that intelligent transportation systems (ITS) improve public transport and traffic management to reduce traffic congestion, promote smoother and safer driving and improve coordinate and overall smarter use of transport networks. The development of intelligent infrastructures – from roads to bridges – is primarily a governmental responsibility while the domain of developing intelligent vehicles belongs to the commercial side. Both private a
    Read More
  • US FY 2016 budget invests heavily in ITS, infrastructure
    February 3, 2015
    Announcing President Obama’s US$94.7 billion Fiscal Year 2016 budget for the US Department of Transportation, Transportation Secretary Anthony Foxx said, “Our budget proposal lays the foundation for a future where our transportation infrastructure meets the demands of a growing population and an economy that depends on the free flow of freight,” said Secretary Foxx. “This Administration is looking towards the horizon – the future – but to do this we need Congress’ partnership to pass a long-term reauthorisa
    Read More
  • IRD debuts next generation snowplough fleet management
    March 19, 2013
    International Road Dynamics (IRD) will take advantage of the 2013 APWA North American Snow Conference to demonstrate FleetSphere telematics, its web-based GPS telematics system with additional features specifically designed for snowplough fleet management. The solution enables fleet managers to manage the spreading and ploughing work being done on an entire road network. FleetSphere will interface with all available components installed on a snowplough, including plough blades, spreader, blast, pre-wet, and
    Read More

Highlighted Content