Stationnement de Montréal Files 2014 Financial Statements

MONTRÉAL, June 22, 2015 /CNW Telbec/ - The management team of Société en commandite Stationnement de Montréal (the "Société") has published its financial statements for the fiscal year ended December 31, 2014.

Highlights

In 2014, the Société contributed a total of $52.3 million in the form of taxes, rents, permits, debenture interest, compensation and royalties to the City of Montréal, representing a $1.8 million (3.6%) increase over 2013. Moreover, on-street parking revenue grew from $61.5 M to $62.9 M, representing a 2.3% increase from last year.

P$ Mobile Service
This app has been a resounding success since its launch in 2012. Indeed, the Société reports that P$ Mobile Service accounted for 25% of all on-street parking payment transactions in 2014.

For more information on the Société's other projects, please refer to its 2014 Annual Report.

About Stationnement de Montréal
Created in 1995, the Société en commandite Stationnement de Montréal was originally founded to ensure the optimal management of municipal paid on-street and off-street parking. The Société was quickly recognized for its innovation, its advantageous use of cutting-edge technologies and the harmonious integration of its installations into the urban landscape.

2014 Annual Report
http://bit.ly/1LfBl2E

 

SOURCE Société en commandite stationnement de Montréal

For further information: Sophie Charette, Assistant Director - Communications, Stationnement de Montréal, Office: 514 868-3795, Mobile: 514 996-5034, scharette@statdemtl.qc.ca

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www.statdemtl.qc.ca

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