Stuttgart, March 26 2013 – The fiscal year 2012 saw APCOA PARKING Group, the European leader in parking management, continuing on a solid growth path, with a strong increase of its profitability.
In 2012 APCOA PARKING Group succeeded in growing the number of managed locations in its portfolio to 7.513, an increase of 10.5 percent.
APCOA Parking Group-s revenues reached 701 million Euro, adjusted for renegotiated contracts this is an increase of 5.4 percent. The group”s year-on-year operating profitability on a reported basis grew by 9.5 percent, reaching an EBITDA of 66.3 million Euro.
The strong commercial performance with a steep EBIT increase of 29 percent to 27.8 million Euro is a result of solid growth of new contracts, portfolio optimization through renegotiation of some key contracts and the effects of continued cost control.
For the first time total turnover value of parking management services for APCOA contractual partners crossed the threshold of 1 billion Euro.
This text can be downloaded from:
http://www.panama-pr.de/download/APCOA-PR-04-EN.zip
Bildrechte: APCOA
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