IRD announces ‘record results’ for fiscal 2015

International Road Dynamics (IRD has announced record financial and operating results for the three and twelve months ended 30 November 2015. The company saw net earnings increased 85 per cent to US$1.8 (CA$2.5) million, with revenue up 29 per cent to US$42 (CA$58) million on growth in key geographic markets and product segments. EBITDA rose by 58 per cent on revenue growth and strong gross margin. "We generated record results in fiscal 2015, the result of strong growth in all of our major markets a

February 23, 2016 Read time: 2 mins

69 International Road Dynamics (IRD has announced record financial and operating results for the three and twelve months ended 30 November 2015.

The company saw net earnings increased 85 per cent to US$1.8 (CA$2.5) million, with revenue up 29 per cent to US$42 (CA$58) million on growth in key geographic markets and product segments. EBITDA rose by 58 per cent on revenue growth and strong gross margin.

"We generated record results in fiscal 2015, the result of strong growth in all of our major markets and product lines," commented Terry Bergan, IRD president and CEO. "Looking ahead, we believe our solid operating performance will continue. Our backlog of confirmed orders and identified near-term opportunities are at an all-time high, and we expect further positive fundamentals in our business as governments and the private sector around the world continue to invest in ITS solutions to enhance highway and roadway infrastructure."

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International Road Dynamics

Strong fourth quarter 2014 for IRD

International Road (IRD) has announced strong results for the three months and year ended 30 November 2014, with net earnings up 50 per cent for the year and revenue up US$1.2 million for the year on solid growth in key geographic markets and product segments. The company also reported fourth quarter gross margin percentage increases on profit gains in Latin American markets and a stable financial position with positive working capital of US$7.7 million.

April 14, 2015

Solid growth for IRD

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February 28, 2014

Solid growth and improved profitability for IRD in 2013

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October 14, 2016

IRD announces strong third quarter, launches new products

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July 16, 2015

IRD announces continued growth in second quarter 2015

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July 11, 2014

IRD pleased with 2014 performance to date

International Road Dynamics’ results for the three and six one of the world's leading providers of systems and solutions for the three and six months ended 31 May show total revenue up 15 per cent year to date, which the company says is due to a strong growth in key geographic markets. Revenue in Canada and the US revenue rose 23 per cent year to date on solid performance in projects and product sales, while Latin America revenue increased 22 per cent year to date on significant project deliveries. Sout