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FARA är marknadsledande i Norden |
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FARA ASA är en leverantör av IT-lösningar för kollektivtransportindustrien innanför:
- AFC/elektronisk billjettering
- Infotainment systemer
- Sanntids informationssystemer så som fleet management, traffic management och passager information
Vår filosofi är baserad på integrerade systemer på en öppen teknologisk plattform.
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Ticketing – Upgrade of Jämtland Län, Sweden |
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FARA ASA, the leading supplier of IT solutions to the public transport sector in the Nordic countries, has signed an order with an existing customer Jämtland Län, Sweden.
The total order value of approx 14,5 million SEK excluding VAT, is for the upgrade of their existing FARA ticketing solution. This is an important project for FARA as this is the first customer to be upgraded to the new ticketing solution developed as a part of the investment program started in 2009. The goal of the investment program is to have a single FARA ticketing solution and an effective integrated FARA product portfolio.
In addition FARA will increase recurring revenue from service and maintenance after the solution has been implemented.
The solution shall be in operational in June 2011. |
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FARA Q2 2010 Presentation |
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FARA ASA presented the financial result for the second quarter 2010 Wednesday 14th of July 2010 at 08:30 at Hotel Continental, Oslo.
HIGHLIGHTS FOR Q2 2010:
- EBITDA of MNOK 0,6 (- 3,5)
- Revenue of MNOK 29,4 (26,9)
- Accumulated gross margin 75,5% (62,4%)
- New contracts announced for both ticketing and RTI/infotainment
- Development and introduction of the new product portfolio on track
Figures in brackets are Q2 2009 numbers
Download FARA 2Q-10 Presentation and FARA 2Q-10 Report
Web cast; http://streamsync.qbrick.com/09411/fara/2010/_fara_q2/index.htm
For more information, contact;
Øivind Kirksæter, CEO of FARA, mobile +47 97 70 79 90
Ørjan Kirkefjord, CFO of FARA, mobile +47 95 08 47 30 |
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New contract for RTI in Oppland |
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FARA ASA, the leading supplier of IT solutions to the public transport sector in the Nordic countries, has signed an order with an existing customer; Oppland county, Norway.
The total order value is NOK 2,3 million excluding VAT, and is for the supply of both hardware and software to implement a RTI solution for bus stops. This new functionality will complement FARA's ticketing solution that was delivered in 2007/2008. This is an important project for FARA, considering that this is the first RTI project in Norway where the FARA Ticketing and FARA RTI are combined.
In addition FARA will increase recurring revenue related to service and maintenance.
The order will be delivered during Q4 2010. |
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