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

  • ITF diagnoses South Asia’s breathing difficulties
    August 26, 2022
    One of the world’s fastest-growing regions faces major transport sector decisions if it is to avoid spiralling emissions problems in coming decades. Alan Dron takes a look at a new report on Asia from the International Transport Forum
    Read More
  • Kapsch TrafficCom will highlight innovations
    August 24, 2022
    Road traffic is a significant root cause of emissions and air pollution. Without a new course, the transport sector is in danger of failing to meet the Paris Agreement.
    Read More
  • Shipments of NFC-enabled handsets reached 30 million units in 2011
    April 4, 2012
    According to a new research report by Berg Insight, global sales of handsets featuring near field communication (NFC) increased ten-fold in 2011 to 30 million units. Growing at a compound annual growth rate (CAGR) of 87.8 per cent, shipments are forecasted to reach 700 million units in 2016. The global rise in smartphone adoption is also driving higher attach rates for other wireless connectivity technologies in handsets including GPS, Bluetooth and WLAN. These connectivity technologies are already a standa
    Read More
  • Growth of fleet management systems in Russia/CIS and Eastern Europe
    July 4, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Russia/CIS and Eastern Europe was 2.9 million in the fourth quarter of 2013. Growing at a compound annual growth rate (CAGR) of 15.7 per cent, this number is expected to reach 5.9 million by 2018. The Russian market accounts for a significant share of the region’s total installed base. The top ten providers of fleet management solutions for commercial v
    Read More

Highlighted Content