HITT scores new contracts

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Overig advies 14/09/2010 09:15
HITT has received a Notification of Award to deliver a traffic control system (A-SMGCS) for the airport of Xi'an in China. The airport has been growing rapidly. Passenger numbers since 2003 have grown with an average of 19 per cent annually to 15.3 million in 2009. The airport is one of the eight largest in China.

HITT has also been awarded a number of long-term performance contracts in the local market. In accordance with its business strategy, HITT is building up a strong position in this market.

The new contracts represent a total value of approximately EUR 6.5 million.

Profile HITT
HITT is a leading player in the worldwide markets for traffic management and navigation systems. The company develops technology aimed at safety enhancement and traffic flow improvement, whilst also enabling significant cost reductions in infrastructure and logistics. The core activities of HITT consist of developing and selling management & control systems and services for air and vessel traffic and hydro-graphic and navigation systems. In 2009 HITT achieved a revenue of EUR 32 million and a net profit of EUR 0.3 million. The number of staff at year-end 2009 was 161. HITT has been listed on Euronext Amsterdam NV since June 1998.




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