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FARA is the market leader |
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FARA is the market leader in the Nordic countries within IT-solutions to the public transport sector. We supply systems for
- Electronic Ticketing/Automatic Fare Collection
- Infotainment Systems
- Real Time Information such as Fleet Management, Traffic Management and Passenger Information
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FARA ASA presented the financial result for third quarter 2009, Tuesday 20th of October 2009 at 08:30 at Hotel Continental, Oslo.
The meeting is available through recorded webcast both in Norwegian and English language.
The recorded Webcast of the presentation is found here:
Norsk versjon: http://nongrata.seria.net/embed.php?id=24091
English version: http://nongrata.seria.net/embed.php?id=24092
Contactperson;
CFO Ørjan Kirkefjord +47 950 84 730 |
- FARA achieved an EBITDA in Q2 2009 of MNOK -3,5 (-3,3) in Q2 2009
- A order inflow of MNOK 34 in Q2 2009 (49,3)
- Order back log increased to MNOK 111 (104 in Q1 2009) + 6,7%
- Revenue was MNOK 27,0 (37,4) in Q2 2009
- Successfully raised MNOK 56,3 of new equity
- A number of major Norwegian funds subscribed
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Aust-Agder confirms FARA as a preferred partner |
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Aust-Agder county has signed the final delivery contract with FARA ASA, the leading supplier of IT solutions to the public transport sector in the Nordics, confirming the previously announced delivery of FARA’s electronic ticketing solutions. The contract value is MNOK 11,2 excluding the service and maintenance agreements for the next 15 years. In total FARA has delivered their solution to 13th counties in Norway. The delivery, comprising a total of approximately 150 buses, will commence immediately.
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