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Kapsch TrafficCom AG - Stronger second quarter: The Group continues growth.
Press Wire ♦
Published: November 29, 2017; 07:28 ♦ (Vindobona)
Kapsch TrafficCom increased revenues by 11.3% to EUR 339.8 million in the first half of 2017/18. This was due to the ETC (Electronic Toll Collection) segment, which grew by 15.9%. The IMS (Intelligent Mobility Solutions) segment's revenues were 1.7% lower mainly because non-core business projects have expired which were taken over in connection with the acquisition of the transportation business of Schneider Electric (in 2016).
Kapsch TrafficCom AG - Stronger second quarter: The Group continues growth. / Picture: © Vindobona.org
Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.
Mid Year Financial Report
Vienna -
Zwtl.: Highlights.
* Revenues increased by 11.3% to EUR 339.8 million
* Second quarter of 2017/18 was positive both sequentially and year-on-year
* EBIT for the…
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