Austria’s Asfinag sees 2023 net profit fall

The Austrian road operator also expects a tumble in profit for 2024.
By David Arminas May 13, 2024 Read time: 1 min
Austria’s vignette - the toll sticker to be affixed to the windscreen of the car in order to travel on the motorway (image © Massimo Parisi/Dreamstime)

Asfinag, the Austrian state-owned road operator, has seen net profit 2023 year end fall from €851million in 2022 to €844 million.

The company said it expects full-year 2024 profit to further decrease by €100 million as the toll rise will no longer apply during the year.

In 2023 the company generated toll revenues of €2.5 billion, up by 2.3% on year. One-third of the toll revenue was generated by passenger cars, while heavy goods vehicles and buses accounted for two-thirds. Toll revenues for vehicles with the weight of up to 3.5tonnes grew by 6% to €812 million.

During the year, the company stabilised its debt at €10.4 billion compared to nearly €10.5 billion in 2022.

Highway & Network Management

For more information on companies in this article

Related Content

  • Engine builder Deutz bullish
    June 19, 2012
    Engine manufacturer DEUTZ claims record results for its latest financial year. The firm says that the 2011 financial year was one of the best in its history even though the global economy deteriorated, particularly in the second half of the year. The firm beat the forecast that it had made at the start of 2011 and revised upwards during the course of the year. Revenue rose by 28.6% to €1.53 billion, compared with €1.12 billion in the previous year. This set a new revenue record for the current corporate str
    Read More
  • Caterpillar’s strong results for 2022
    February 1, 2023
    Caterpillar reports strong results for 2022.
    Read More
  • Financial close for Louisiana’s Calcasieu Bridge
    August 19, 2024
    Sacyr said that the project is the company’s first transportation infrastructure private-public partnership contract in the US and calls for a total of $2.27 billion in construction investment.
    Read More
  • Indonesia tollroad project
    May 23, 2025
    Work on key Indonesian tollroad projects are well underway.
    Read More

Highlighted Content