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Hardware Flexibility

FARA delivers Electronic Ticketing, Infotainment Systems and Real Time Information Systems such as Fleet Management, Traffic Management and Passenger Information. We believe in innovative and integrated software solutions offering full hardware flexibility.


FARA is a member of UITP

FARA is the market leader

FARA is the market leader in the Nordic countries within IT-solutions to the public transport sector. We supply systems for

  • Electronic Ticketing/Automatic Fare Collection
  • Infotainment Systems
  • Real Time Information such as Fleet Management, Traffic Management and Passenger Information
 
Notice of Extraordinary General Meeting

Notice is hereby given of an Extraordinary General Meeting of FARA ASA on 14 April 2010 at 17:00hrs at the company's premises in Fosenkaia 3, 7010 Trondheim.

Agenda:

Item 1              Election of chairperson.
Item 2              Choice of 1 (one) person to sign the protocol together with the Chairman.
Item 3              Approval of the notice and agenda.
Item 4              Proposal for changes to the articles of association (electronic publication of documents to the General Assembly).

The Board's proposed articles of association changes, and grounds for the proposal, is included in Annex 1 FARA Notice EOGM 14th April 2010

 
FARA Q4 Presentation

FARA ASA presented the financial result for the fourth quarter of 2009, at 8:30, Tuesday 16th February 2010 Felix konferansesenter, Aker Brygge, Bryggetorget 3, Oslo

HIGHLIGHTS

  • FARA revenue in Q4 2009 was MNOK 30,4 (44,6)
  • Total revenue 2009 was MNOK 130 (116)
  • EBITDA in Q4 2009 of MNOK -22,8 (+2,4)
  • Postponed project deliveries
  • Heavy investment in product development
  • An order inflow of MNOK 27 (46,9)
  • Order back log is MNOK 90 (94)
  • New contract and additional orders both for ticketing and RTI/Infotainment
  • Established a market making agreement with Orion

Figures in brackets are 2008 numbers

The meeting is available through recorded webcast and can be found here: http://nongrata.seria.net/embed.php?id=24091

Download: FARA 4Q-09 Presentation
Download: FARA 4Q-09 Report ENG

Contactperson;
CFO Ørjan Kirkefjord, +47 950 84 730