APCOA PARKING Group: Growing market share across Europe

APCOA PARKING is increasing its market share in Europe. APCOA emphasized its position as European number-one parking-manager by reporting strong growth in the number of sites under management in the 3rd quarter of 2012. In the period between June 30th and September 30th, 2012, proprietors and landlords across Europe entrusted APCOA PARKING Group with the parking management of additional 319 locations, raising the total of managed sites to 7.513 (up from 7.194 at the end of June).

3rd quarter sales growth remained strong in main countries and accelerated against 1st Half 2012. At constant exchange rates and adjusted for contract renegotiations, 3rd quarter revenues rose by +4.8% to € 174,5 million. The strongest growth came from the airport, railway station and city-center parking segments.

Ralf Bender, CEO of APCOA PARKING Group: “Proprietors, real estate companies, institutions and local authorities across Europe are increasingly aware of the advantages it brings to have their parking assets managed by a company wielding 40 years of experience and with an ever more standardized and structured business model. This is what accelerates our profitable growth and expands our market leadership in the European parking industry and beyond. The real estate market, our customers and prospective customers are well aware that we are the parking managers with the know-how and business clout to increase their revenue.

Contact:
APCOA Parking Holdings GmbH
Tilman Kube
Flughafenstr. 34
70624 Stuttgart-Airport,
T: +49 711-94791-0
www.apcoa.eu

About APCOA

APCOA PARKING Group are the leading international parking managers and parking services solution providers, with an annual turnover of € 731 million.  For private and public proprietors APCOA Group currently manages around 1.3 million parking spaces at over 7,500 locations in 13 European countries. 30 European airports have chosen APCOA to manage their parking facilities, making the company the market leader in this segment, too. APCOA’s international expertise and innovative clout is powered by 4,900 employees, who guarantee efficient, customer-oriented services. The APCOA Group headquarter is located at Stuttgart Airport (Germany).