Business News


DARS Finishes 2010 with Profit of EUR 30.5M

Ljubljana, 31 March (STA) - The Slovenian motorway company, DARS, generated EUR 30.5m in net profit in 2010, up from EUR 10.2m in the year before. Revenue increased 16% year-on-year to EUR 316.6m, the company said in a press release on Thursday.

The company attributes the increase in profit to the new law on the state-owned company and to higher toll revenue, which accounted for 92% of total revenue.

Revenue from motorway tolls totalled EUR 290.1m, which is 22% more than in 2009. Tolls tickers contributed 45%, while tolls for trucks accounted for 55% of total toll revenue.

Expenditure reached EUR 278.3m, which is a 7% increase over 2009. The bulk of the money (41%) went for depreciation, 26% for financial costs and 33% for labour, input and services costs.

You might be also interested in:

GET IN TOUCH

We are here to help you.