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

  • Iteris’ gets Orange County in sync
    August 19, 2014
    David Crawford welcomes progress in cross-boundary coordination Iteris’ US$1.4 million contract for traffic signal synchronisation on Newport Boulevard, California is evidence of an acceleration of activity by the Orange County Transportation Authority (OCTA) in coordinated traffic management. It also continues the US traffic management specialist’s established technical relationship with the area’s prime transportation agency.
    Read More
  • Tyne and Wear Metro opts for Kapsch digital radio network
    June 23, 2014
    Having expanded its activities to the public transport sector, Kapsch CarrierCom’s public transport business unit has been successful in winning a US$13 million contract to implement a digital radio network based on the TETRA standard for Nexus, the strategic public transport body in the UK’s north-east. Based in Newcastle, Nexus owns and manages the Tyne and Wear Metro, which is used annually by 37 million passengers. The new digital radio system will be installed on the Metro’s fleet of 90 trains, repl
    Read More
  • Massachusetts plans all-electric tolling
    March 8, 2013
    Massachusetts Department of Transportation (MassDOT) is committed to implementing all-electronic tolling (AET) by the middle of 2016; the Tobin Bridge will be converted first as a demonstration to familiarise the public, according to Frank DePaola, the state's highway administrator. The state is going all-electronic because with modern technology it's the most cost-effective way to collect tolls, and because it reduces delays to motorists and improves safety at toll points, he said. MassDOT has estimated it
    Read More
  • Schneider Electric to acquire Telvent for $2 billion
    January 27, 2012
    Schneider Electric has signed a definitive agreement with Telvent GIT to make a cash tender offer for all of Telvent's shares at a price of $40 per share, which represents a premium of 36% to Telvent's average share price over the last 3 months.
    Read More

Highlighted Content