Swarco forecasts record turnover growth

Austrian traffic systems manufacturer Swarco Group expects to record a turnover growth of double digits to €465 million (US$643.96 million) in 2011, after a turnover of €409.7 million in 2010.
May 4, 2012 Read time: 1 min
Austrian traffic systems manufacturer 337 Swarco Group expects to record a turnover growth of double digits to €465 million (US$643.96 million) in 2011, after a turnover of €409.7 million in 2010.

For 2012, despite economic uncertainty, Swarco has won a number of large contracts, including a €40mn contract to supply traffic management systems to Saudi Arabia, as well as a part in a €52mn contract for traffic systems for a 16 kilometre tunnel in Sweden. The company has also recently set up a joint venture in Silicon Valley in the US for the development of a new traffic information and communication system.
Highway & Network Management

For more information on companies in this article

Related Content

  • Strabag secures US$2.23billion Italian motorway build project
    March 14, 2012
    The US$2.23billion (€1.7billion) contract to build the Pedemontana Lombarda motorway in northern Italy has been won by the Strabag consortium.
    Read More
  • Strong performance for upcoming bauma China event
    December 14, 2012
    The organisers of bauma China have every right to feel pleased with their work - Mike Woof reports As the bauma China 2012 exhibition closed its doors, the organisers were likely congratulating themselves over a highly successful event. Anyone walking the aisles at this exhibition cannot fail to have noticed the huge numbers of visitors, with early figures saying that 180,000 people visited the show. This was a notable 16% increase over the 155,615 visiting this exhibition in 2010. Despite the slowdown in t
    Read More
  • AEM reports CONEXPO-CON/AGG success
    March 2, 2012
    According to the Association of Equipment Manufacturers (AEM) The mood was overwhelmingly positive at the CONEXPO-CON/AGG and IFPE 2011 expositions held March 22-26 in Las Vegas.
    Read More
  • Compact equipment leads the way to record results for Wacker Neuson
    August 4, 2015
    Light and compact equipment maker Wacker Neuson Group, based in Munich, Germany, reported record revenue and earnings for the first half of 2015. Revenue for the first six months of 2015 increased 14% relative to the same period 2014, reaching €706.4 million, a record high, the company said in a written statement. “Our business grew significantly, despite negative market developments in many countries, especially outside of the US and Europe,” said Cem Peksaglam, chief executive of Wacker Neuson.
    Read More

Highlighted Content