APCOA PARKING with robust first quarter business

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Stuttgart, 16 May 2014 - APCOA PARKING Group’s business proved robust in the first quarter of 2014.

Stuttgart, 16 May 2014  -  APCOA PARKING Group’s business proved robust in the first quarter of 2014. Despite sales being impacted by disadvantageous currency effects from Norway and Sweden, revenues remained stable at 160.2 million Euro, trailing previous Q1 figures by only 0.8 percent (161.5 million). Adjusted for negative currency effects, overall sales grew by 3.4 million Euro compared to last year’s figures. Germany alone accounted for 1.7m Euro of sales growth from the city and shopping centre business due to good weather conditions.

At comparable currency rates and adjusted for one-off costs relating to the financial restructuring activities, the EBITDA of 9.9 million Euro reached last year’s level.

APCOA PARKING Group stayed on its expansion course in Q1, adding 36 new locations to its portfolio, consisting of 7.449 managed sites now. Business development was marked by further strengthening of APCOA’s position as Europe’s leading airport parking manager, adding major contracts with London-Heathrow (UK), Bergamo (Italy) and Poznan (Poland) airports. APCOA saw its parking management clout across Europe underpinned by landmark contracts won in Roskilde (Denmark), with Network Rail in the UK, in Cracow and Wroclaw (Poland), Vienna (Austria) and new sites in Germany.

Ralf Bender, CEO of APCOA PARKING Group: “This was a good start into 2014. We have secured a stable development of our revenue and further improvement of our cost structure in a highly competitive environment.” 

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 678 million Euro, and a highly diversified portfolio distinguish 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 1.4 million parking spaces at more than 7,400 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 4,700 employees. APCOA Group headquarters are located in Stuttgart (Germany).

www.apcoa.com 

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APCOA on course to turn over a new leaf

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14 May 2014 | APCOA Parking (UK) has added a new branch to its already impressive parking management estate, by helping the UK business to become carbon neutral.

14 May 2014 | APCOA Parking (UK) has added a new branch to its already impressive parking management estate, by helping the UK business to become carbon neutral.

After signing up to have its environmental management systems independently audited under international standard ISO 14001 back in 2013, APCOA is now working with UK company Carbon Footprint to increase its sustainability and achieve its carbon neutral goals.

To kick-start its green campaign, APCOA has purchased 60 native British broad-leaf saplings, which will be planted by a number of key stages 1 and 2 school children in the south east of England, UK.  Once mature, each tree will absorb in the region of one-tonne of carbon dioxide during its lifespan, which is approximately 100 years.

By planting the saplings, APCOA will soon be able to neutralise its annual use of A4 paper across the whole of its UK estate.  It will also help to improve one or more local communities, while providing new habitats for local wildlife.

Graham Morphew, Managing Director for APCOA Parking (UK), said: “We are committed to reducing our carbon footprint and doing our utmost to rejuvenate local communities through more green initiatives.

“Climate change remains an important issue on the public agenda, and is something that is central to our business objectives and corporate responsibility programmes.  As the leading parking management company in Europe, we believe that we have a duty of care to the public, as well as the environments in which we serve. 

“We want to encourage biodiversity in urban and rural areas, and provide our clients with peace of mind that we really do make a real difference,” added Morphew.

About APCOA
APCOA PARKING (UK) was established in 1971 as a parking management company, and became the first company in the UK to provide on-street parking enforcement in 1986.  APCOA currently employs around 2,000 staff in the UK and a further 2,500 staff across 11 other European countries. 
To date, APCOA is the largest full-service parking management company in Europe, providing a wide range of management and on-street services on behalf of clients at airports, rail stations, shopping centres, town and city centres, hotels, hospitals and universities.

About Carbon Footprint
Carbon Footprint Limited was founded in 2002, and is a leading provider of environmental consultancy activities and sustainability services.  It helps businesses develop a more sustainable business model to become carbon neutral with Quality Assurance Standard (QAS) approved carbon offsets.   Carbon Footprint is a founding member of the QAS, and advises the coalition government on low carbon legislation.

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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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