European parking group Apcoa has seen a fractional dip in earning as it continues to focus on cost reduction.

European parking group Apcoa has seen a fractional dip in earning as it continues to focus on cost reduction.

In its H1 figures for this year, the firm revealed that revenues fell fractionally, to €325 mln, a drop of €0.9 mln.

It’s profits (EBITDA) were coincidentally also down by €0.9 mln to €21.6 mln, a drop of 4%.

The firm has recently signed new contracts in Germany, the UK and the Netherlands, and has expanded its car park surveillance business.

Apcoa underwent a €440 mln debt restructuring earlier this month.