Announcements

Kapsch TrafficCom AG announces that it has reached an agreement with its major financial creditors on a comprehensive restructuring of the financing. 

The Executive Board of Kapsch TrafficCom AG announces that the outlook to the financial year 2022/23, which ended on March 31, 2023, will probably not be met.

Kapsch TrafficCom was able to increase revenues by 9% from EUR 379 million to EUR 414 million in the first three quarters of FY 2022/23.

The sale of the group company "Arce Mobility Solutions", to the technology company Kontron, which was agreed upon with Kapsch TrafficCom, has now been closed.

Kapsch TrafficCom was able to slightly increase revenues in the first half of the financial year 2022/23 in an unchanged very challenging environment.

As of October 17, 2022, Dominik Fluch has taken over the function of Compliance Officer at Kapsch TrafficCom. Dominik Fluch has spent the last four years as Compliance Officer at STRABAG SE, where he was involved in setting up a new Business Compliance Management System. He has in-depth knowledge of the prevention, detection and processing of compliance violations. Dominik Fluch's focus at KapschTrafficCom will be on capital market compliance as well as on the areas of anti-corruption, money laundering prevention and antitrust law. He will also manage the implementation of a whistleblowing system in accordance with the requirements of the EU Whistleblowing Directive. Previously, Hans Lang was Compliance Officer as well as Investor Relations Officer of Kapsch TrafficCom AG for six years. After his departure, two independent positions were filled with Marcus Handl as Investor Relations Officer and now Dominik Fluch as Compliance Officer.

Vienna, September 8, 2022 – Hans Lang, Investor Relations Officer of Kapsch TrafficCom   AG for six years, is leaving the company at his own request in order to devote himself to new tasks. As of September   12, 2022, Marcus Handl will take over the function of Investor Relations Officer. Marcus Handl has been working for the Kapsch Group since 2000. He already accompanied the IPO in 2007 and held the IR agendas of Kapsch TrafficCom AG until 2016, before he took over the responsibility for the then new subsidiary Kapsch TrafficCom Transportation in Spain for four years. Since his return to Austria, he has been responsible for Kapsch TrafficCom's Corporate Development. Now he again assumes the position of Investor Relations Officer. The Executive Board would like to thank Hans Lang for his commitment and for the further development of Kapsch TrafficCom's capital market communications over the past years. The Investor Relations Officer of Kapsch TrafficCom AG reports directly to CEO Georg Kapsch.

Vienna, September   7, 2022. Today’s Annual General Meeting of Kapsch TrafficCom   AG passed the following resolutions: Further information on the AGM is here:

Highlights “The economic environment remained very challenging in the first quarter. Nevertheless, we managed to increase revenues by 3% to EUR 130 million compared to the first quarter of the previous year. Despite also increasing costs, we were able to close the quarter with a positive EBIT. For the rest of the financial year, we will continue to focus on the acquisition of new business on the one hand and on cost management on the other”, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 126.8 130.5 +2.9% EBIT 6.6 0.5 -92.1%    EBIT margin 5.2% 0.4% -4.8pp Result for the period attributable to equity holders 3.2 -1.3 n.a. Earnings per share (EUR) 0.24 -0.10 € -0.34 Vienna, August 17, 2022 – Kapsch TrafficCom managed to increase revenues by 3% to EUR 130 million compared to the previous year. Higher operating costs, partly due to inflation, led to a decrease in the operating result (EBIT) to EUR 1 million (previous year: EUR 7 million). A favorable development of exchange rates, above all of the US dollar against the euro, led to an almost balanced financial result (previous year: EUR -2 million). As the result before taxes reached a black zero, hardly any income taxes were incurred. Nevertheless, they resulted in Kapsch TrafficCom reporting a red zero as the result for the period in the first quarter 2022/23 (previous year: EUR 3 million). The result for the period attributable to equity holders amounted to EUR -1 million (previous year: EUR 3 million), which corresponds to earnings per share of EUR -0.10 (previous year: EUR 0.24). It is a recurring seasonal trend that in the first quarter of the financial year the change in working capital leads to a negative free cash flow. In the first quarter of 2022/23, it amounted to EUR ‑22 million (previous year: EUR ‑11 million). As a consequence, net debt increased to EUR 184 million (March 31, 2022: EUR 158 million) and the equity ratio decreased to 14%. Total assets amounted to EUR 497 million as of June 30, 2022 (March 31, 2022: EUR 512 million). Segment results for the first quarters of 2022/23 73% of revenues were generated by the tolling segment and 27% by the traffic management segment. The Europe-Middle East-Africa (EMEA) region accounted for 48% of revenues, the Americas region (North, Central and South America) for 46% and the Asia-Pacific (APAC) region for 6%. Tolling segment Revenues increased by 7% to EUR 96 million, driven by higher revenues in the implementation and components businesses. The operations business declined slightly. The Americas region made the largest contribution to revenues with 48%. EMEA generated 46% of tolling revenues and APAC around 6%.  Tolling segment. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 89.6 95.9 +7.0% EBIT 3.1 -1.6 n.a.    EBIT margin 3.5% -1.7% -5.2pp EBIT was EUR -2 million (previous year: EUR 3 million) and the EBIT margin was -2% (previous year: 4%). Segment Traffic Management Revenues decreased by 7% to EUR 35 million, mainly due to a decline in the implementation business. The largest contribution to revenues was made by the EMEA region with 54%. Americas generated 42% of traffic management revenues and APAC 4%. Traffic Management segment. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 37.2 34.6 -6.9% EBIT 3.4 2.2 -36.9%    EBIT margin 9.3% 6.3% -3.0pp EBIT was positive at EUR 2 million (previous year: EUR 3 million) and the EBIT margin was 6% (previous year: 9%).   The “Highlight Report” on the first quarter of 2022/23 as well as additional earnings materials are scheduled to be available today, from 7:35 a.m. (CEST), at: www.kapsch.net/en/ktc/IR