Kapsch TrafficCom increases turnover

Kapsch TrafficCom recorded a turnover increase from €388.66 million (US$476.75 million) in the 2010/2011 business year to €549.9 million in the 2011/2012 business year. Net profits decreased three per cent to €27.5 million and Ebit decreased 13.6 per cent to €42.2 million.
July 19, 2012 Read time: 1 min
4984 Kapsch TrafficCom recorded a turnover increase from €388.66 million (US$476.75 million) in the 2010/2011 business year to €549.9 million in the 2011/2012 business year. Net profits decreased three per cent to €27.5 million and Ebit decreased 13.6 per cent to €42.2 million.

The company reported major contracts wins in Russia and the US in this business year, which will keep it on course for growth in electronic toll collection but the decrease in Ebit was due to project delays in South Africa and Poland.

Kapsch Group also recorded a turnover increase, with a 19 per cent rise to €984.1mn, 55 per cent of which came from TrafficCom. Some 26 per cent of the group's sales were achieved in Austria.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Investment in pedestrian, cycling initiatives pays off
    June 30, 2014
    Five years after the Non-motorised Transportation Pilot Program (NTPP) was established to measure the impact of investment in walking and cycling initiatives, the US Federal Highway Administration (FHWA) has reported a 22.8 per cent increase in walking and a 48.3 per cent increase in cycling, while an estimated 85.1 million vehicle miles were avoided. The NTPP provided approximately US$25 million each to four pilot communities (Columbia, Missouri; Marin County, California; Minneapolis area, Minnesota; an
    Read More
  • Fasten your seatbelts: it’s going to be a bumpy ride
    June 26, 2018
    A spat has broken out between two major US transportation organisations over how best to pay for road use: the ATA says tolls are ‘fake funding’ while IBTTA has scorned ‘scare tactics and falsehoods’… Much has been made of the state of US roads: everyone agrees that funding is needed – but who should pay? And how? Chris Spear, president and CEO of American Trucking Associationsm(ATA), believes finance is facing a cliff edge: the Highway Trust Fund (HTF), historically the primary source of federal revenue
    Read More
  • Modernising India's bus travel
    August 29, 2012
    Award-winning ITS initiatives are promising modernisation of bus travel as a key part of development plans for cities of the Indian state of Karnataka. The Indian state of Karnataka is poised to launch the next stage of a major rollout of ITS technology on its bus network following the August 2012 go-live of an award-winning passenger information system. The Karnataka State Road Transport Corporation (KSRTC), which is owned by the state government
    Read More
  • Kapsch TrafficCom appoints North America chief technology officer
    April 6, 2016
    Kapsch TrafficCom has named technology veteran Japjeev Kohli as chief technology officer for the North American region effective 1 April 2016. Kohli has been with Kapsch since April 2005 and brings over 20 years of experience as a senior technology leader. He previously held a number of positions at Kapsch, including VP engineering and most recently SVP of delivery and operations for North America. Kohli will be responsible for directing the North American engineering teams as the company expands its of
    Read More

Highlighted Content