08.09.2024, 2155 Zeichen

Kapsch TrafficCom: The UK has set itself ambitious goals of reaching net zero by 2050, and is investing heavily in EVs (Electric Vehicles) – as reducing road traffic emissions is one of the key levers to reaching net zero. EV numbers are increasing, amounting to almost 2 million vehicles on the road by July 2024. However, motorists switching to EVs are no longer paying fuel taxes and they are exempt from road tax, leaving a GBP 35 billion hole, or about 4% of total yearly tax revenue, in government financing. At the same time, the UK government plans heavy transport infrastructure investment. “As EVs do not pay fuel tax or road tax, they are basically exempt from contributing to the upkeep of public roads, and also to general tax revenue. A well-calibrated pay-per-mile system could be a simple way of spreading these costs equitably and not just have other drivers cover the share of those who can afford an electric vehicle,” explains Tim Wray, mobility expert at Kapsch TrafficCom.
Kapsch TrafficCom: weekly performance: -1.19%

Zumtobel: The Zumtobel Group recorded a slight 1.2% increase in revenues to EUR 289.1 million in the first quarter of 2024/25 financial year. After an adjustment for foreign exchange effects, the increase equalled 1.3%. The Components Segment reported the first revenue growth in six quarters: Supported, above all, by rising demand in Great Britain, the D/A/CH region and Greater China, revenues rose by 4.3% to EUR 80.3 million. Revenues in the Lighting Segment increased by 1.1% to EUR 226.6 million (Q1 2023/24: EUR 224.1 million), chiefly due to growth in Great Britain. The increase in revenues and an improvement in the materials ratio more than offset higher personnel and other costs. As a consequence, adjusted EBIT rose from EUR 14.5 million in Q1 2023/24 to EUR 20.2 million in Q1 2024/25. This reflects a substantial improvement in the adjusted EBIT margin to 7.0% (Q1 2023/24: 5.1%). Net profit for the reporting period equalled EUR 12.8 million (Q1 2023/24: EUR 9.8 million).
Zumtobel: weekly performance: -1.09%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (05/09/2024)

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