International Road Dynamics (IRD has announced record financial and operating results for the three and twelve months ended 30 November 2015.
The company saw net earnings increased 85 per cent to US$1.8 (CA$2.5) million, with revenue up 29 per cent to US$42 (CA$58) million on growth in key geographic markets and product segments. EBITDA rose by 58 per cent on revenue growth and strong gross margin.
"We generated record results in fiscal 2015, the result of strong growth in all of our major markets a
ITS Australia has welcomed the country's National Transport Commission's roadmap of regulatory reform for automated vehicles, Ertico-ITS Europe has been appointed as the work-package leader for dissemination, exploitation and standardisation for the EU’s Cloud LSVA, French opportunities in the Italian ITS market formed the theme of ITS France’s first international breakfast meeting, TTS Italia vice president Diego Galletta highlighted the role of new technology solutions, Chris Philip, ITS Canada’s new boar
ITS America, organisers of the 2014 ITS World Congress in Detroit, has declared the event a great success with more than 9,100 participants, 700 papers and 300 exhibiters plus the most extensive set of demonstrations ever staged. The introduction of Chief Technology Officer sessions was considered a big success attracting almost 800 attendees.
