APCOA Parking Group has appointed Philippe Op de Beeck as its new chief executive officer. He takes over the role from Ralf Bender, who has spent the past few years steering the pan-European group back to profitability.
Since a restructuring in 2014 that saw creditors agree to reduce their debts, APCOA has seen improvements in revenues, profitability and cash flow. In 2015, EBITDA (earnings before interest, taxes, and amortisation) grew by about 7% to €59m (£46m) while...
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