APCOA PARKING: Solid growth and strong increase of profitability in 2012

http://apcoa.com/press/press-releases/article/apcoa-parking-solid-growth-and-strong-increase-of-profitability-in-2012/

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.

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 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.


Contact: 
APCOA Parking Holdings GmbH
Tilman Kube
Flughafenstr. 34
70624 Stuttgart-Airport
T: +49 711-94791-0

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 € 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 7.500 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 4.900 employees. APCOA Group headquarters are located in Stuttgart (Germany).
www.apcoa.com

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Première: Parking management market leader under brand roof „APCOA PARKING“

http://apcoa.com/press/press-releases/article/premiere-parking-management-market-leader-under-brand-roof-apcoa-parking/

Stuttgart / Cannes, March 11 2013 – APCOA PARKING, Europe’s market leader in parking management, will present its new product & marketing strategy at the Cannes MIPIM property fair from 12 to 15 March, 2013.

Stuttgart / Cannes, March 11 2013 – APCOA PARKING, Europe’s market leader in parking management, will present its new product & marketing strategy at the Cannes MIPIM property fair from 12 to 15 March, 2013. On this occasion the Group and all national subsidiaries will present themselves under the common brand name APCOA PARKING Group for the first time ever; including the Scandinavian subsidiaries, which for historical reasons have been operating under “EuroPark” so far.

The rebranding that has taken place forms part of the modernization and strategic re-alignment of the company. Over the last two years the group with subsidiaries in 12 European countries has been reorganized, making way for more efficiency and stronger customer focus. Thus successful products and services for the first time could be offered to private, institutional and public landlords across Europe.

In addition to its ample portfolio of parking management services, by now the company increasingly focuses on offering park and guard services, too. For decades this service has been very successfully provided in northern Europe. In Germany this service of monitoring compliance with parking rules and regulations at mostly ungated private parking facilities, is being offered by subsidiary “Park&Control”.

APCOA also has new offers for the traffic management sector. These include its proprietary taxi management system, employed to organize taxi services and other traffic flows at airports, fairgrounds and train stations. Ralf Bender, Group CEO of APCOA PARKING: “I expect MIPIM 2013 to confirm a trend we have increasingly seen for the last three years. Landlords, real estate companies, cities and municipalities increasingly come to acknowledge the advantages it brings, if their parking assets are being professionally managed by a company with fourty years of experience. Last year we saw our growth being accelerated by standardized processes and a well-structured business model. On this basis we are currently expanding our leadership in the European parking market. Our business partners appreciated that we are the parking specialists with the specific know-how to increase their revenue, and make parking easy and convenient for their customers.

The aggregate 2012 turnover of parking management services valued well above 1 billion Euro across APCOA’s European locations, an increase of approximately 5.8 %. Allowing for one-off effects of contractual adoptions and changes, APCOA PARKING Group turnover grew by 4,9%. The number of locations managed by APCOA in Europe grew by 727, from 6.786 to 7.513.

Contact: APCOA Parking Holdings GmbH

Tilman Kube Flughafenstr.

34 70624 Stuttgart-Airport

T: +49 711-94791-0

About APCOA

APCOA PARKING Group are the leading international parking managers and parking services solution providers. For private and public proprietors APCOA Group currently manages around 1.3 million parking spaces at over 7,500 locations in 12 European countries. 30 European airports have chosen APCOA to manage their parking facilities, making the company the market leader in this segment, too. APCOA’s international expertise and innovative clout is powered by 4,900 employees, who guarantee efficient, customer-oriented services. The APCOA Group headquarter is located at Stuttgart Airport (Germany).

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Press contact

APCOA PARKING Holdings GmbH

Sebastian Merkle
Flughafenstr. 34
70629 Stuttgart-Airport
T: +49 711-94791-652

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