(IN BRIEF) Kapsch TrafficCom reported a 25% decline in revenue to EUR 307 million for the first three quarters of the 2025/26 financial year due to weak global tolling market conditions, project delays, and the removal of major projects. Despite … Read the full press release
Posted in Austria, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Technology, Transportation & Logistics
Tagged Bulgaria tolling contract, e vignette system, EBIT, EMEA Americas APAC, equity ratio, exchange rate effects, financial results 2025/26, Free cash flow, Georg Kapsch, Germany settlement, intelligent transportation systems, Kapsch TrafficCom, Kapsch TrafficCom Adjusts Outlook After Weak Tolling Market Impacts Nine-Month Results, Kapsch TrafficCom Posts Revenue Decline Amid Weak Tolling Market While Maintaining Positive Cash Flow, Net debt, order backlog, project delays, revenue decline, tolling market, tolling segment, traffic management segment
(IN BRIEF) Landis+Gyr Group AG has provided an update on its strategic initiatives and revised financial outlook for fiscal year 2024. The company has decided to exit the EV charging business in the EMEA region due to unfavorable market conditions, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Adjusted EBITDA, Americas, Americas business, discontinued operations, electric vehicle charging, EMEA, EMEA business, EV charging, financial guidance, financial outlook, FY 2024, FY 2024 results, goodwill impairment, impairment, inventory obsolescence, Landis+Gyr, market conditions, next-generation products, post-Covid demand, regulatory changes, restructuring charges, revenue decline, second-half growth, strategic initiatives
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