APCOA PARKING enjoys stable first quarter

APCOA PARKING enjoys stable first quarter

Stuttgart, May 15th 2013. APCOA PARKING Group enjoyed a stable first quarter despite prevailing disadvantageous weather conditions, and continued its expansion opening 66 new locations.
By the end of March the portfolio of managed sites encompassed 7,387 locations. Revenues reached 161,5 million Euro, or previous year level (- 0,4 percent) when adjusted for the effects of contract renegotiations and one-offs resulting from portfolio optimizations. New business was instrumental in compensating weather related decline in income from existing business.

Ralf Bender, CEO of APCOA PARKING Group: „We“ve got an operationally demanding first quarter lying behind us. Despite prominent weather- and portfolio effects we secured a stable development of our revenue and further improvement of our cost structure. Promising new business is lying ahead of us. Also in this year we shall continue to focus on the implementation of our corporate strategy. We are targeting a revenue growth of about 4 percent after adjustments.“

This text can be downloaded from:
http://www.panama-pr.de/download/APCOA-PR-05-EN.zip

Bildrechte: APCOA

About APCOA PARKING
APCOA PARKING Group is the leading European parking manager. More than 40 years of operational experience and innovation, the combined know-how from 12 European countries, an annual turnover of more than EUR 700 million, and a highly diversified portfolio are distinguishing APCOA PARKING Group from competitors. This business clout, quality of service and stability offered to private and public proprietors keep APCOA PARKING Group in the European top position. More than 30 European airports have chosen APCOA to manage their parking facilities, making the company the market leader in this segment, too.
The group currently manages around 1.3 million parking spaces at more than 7.300 locations in Europe. All car parks are managed on the basis of local know-how, individual contracts, tailor-made technical solutions and customer-oriented services. APCOA“s international expertise and innovative clout is powered by 4.800 employees. APCOA Group headquarters are located in Stuttgart (Germany).
www.apcoa.com

Kontakt
APCOA Parking Holdings GmbH
Tilman Kube
Flughafenstr. 34
70624 Stuttgart-Airport
+49 711-94791-0
Tilman.Kube@apcoa.eu
http://www.apcoa.eu

Pressekontakt:
APCOA Parking
Tilman Kube
Flughafenstr. 34
70624 Stuttgart-Airport
+49 711-94791-0
Tilman.Kube@apcoa.eu
http://www.apcoa.eu