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

March 16, 2015

Wacker Neuson Group sees revenue rise 12% for 2014

International light and compact equipment manufacturer Wacker Neuson Group achieved record results for 2014 across most key performance indicators, the company reports. The group met its increased profit and the revenue forecast, despite challenging market conditions. Group revenue increased 11% to a record €1.28 billion, up from €1.16 billion in 2013 and in line with the company’s forecast. “Adjusted by currency effects, this corresponds to a growth of 12%,” a company statement said. Business in Central Eu
boombox1

Highlighted Content

boombox2