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Park24 Co Sees Growth in Parking Business Amidst Mixed Mobility Performance

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Park24 Co Sees Growth in Parking Business Amidst Mixed Mobility Performance

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Park24 Co ( (JP:4666) ) has issued an announcement.

Park24 Co reported a positive trend in its Times PARKING business, with a year-on-year sales increase of 111% in September and an expansion of 114 new sites and 5,819 spaces compared to the previous month. The company’s international parking business showed stable occupancy rates in the U.K. and gradual increases in Australia, while its mobility business saw a rise in membership and vehicle numbers, although usage fee sales per vehicle remained sluggish.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

More about Park24 Co

Park24 Co is a company operating in the parking and mobility industry, primarily offering parking services through its Times PARKING brand. The company focuses on both domestic and international markets, with operations in Japan, the U.K., and Australia.

Average Trading Volume: 968,491

Technical Sentiment Signal: Sell

Current Market Cap: Yen310B

See more insights into 4666 stock on TipRanks’ Stock Analysis page.

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