autoTicket GmbH expects EUR 243 million from arbitration proceedings against the Federal Republic of Germany based on a settlement and Kapsch TrafficCom AG changes outlook for financial year 2023/24
The settlement is expected to be formally finalized and executed in the coming days and thus becomes effective.
Kapsch TrafficCom – Results for the financial year 2022/23
Kapsch TrafficCom recorded a slight increase in business in the financial year 2022/23, as expected, but EBIT remained significantly below expectations.
Operating result in financial year 2022/23 below expectations
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 closes sale of public transport business in Spain
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.