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Kapsch TrafficCom AG - Mixed results in the firstquarter, but promising new business opportunities
Press Wire ♦
Published: August 30, 2017; 06:55 ♦ (Vindobona)
Kapsch TrafficCom had to accept a so-so start in the new fiscal year. On the one hand, the company was able to continue its growth course. The revenues gained ground in both segments and went up by 7.9% to EUR 164.3 million at the Group level. On the other hand, Kapsch TrafficCom recorded a decline in operating result (EBIT) of EUR 5.9 million (-33.4%) down to EUR 11.7 million. The EBIT margin was therefore 7.1% (Q1 2016/17: 11.6%). There were several reasons for the lower profitability. Continue reading below..
Kapsch TrafficCom AG - Mixed results in the firstquarter, but promising new business opportunities / Picture: © Vindobona.org
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Quarterly Report
Vienna -
Highlights.
* Revenues increased by 7.9% to EUR 164.3 million
* EBIT is -33.4% below last year's comparison value which included a one-time
effect
* Profit for the period…
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