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Kapsch Group
Press & Mediacenter

Press Contacts
Carolin Treichl

Executive Vice President Marketing & Communications
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria

+43 50 811 1710carolin.treichl@kapsch.net
7. January 2020
Federal Court Affirmatively Dismisses All Neology Claims of Patent Infringement Against Kapsch to Open 6C Tolling Standard.

Vienna, January 7, 2020  – Kapsch TrafficCom (Kapsch) is pleased to report the United States District Court in Delaware has dismissed with prejudice Neology, Inc. (Neology)’s outstanding patent infringement-related claims against Kapsch. The dismissal is an important victory for the electronic tolling industry as a whole, and confirms that Kapsch does not violate any Neology patent assertions by importing, marketing, or selling electronic tolling products using the ISO/IEC 18000-6C communications protocol (“6C Standard”). The invalidity of these patent claims was previously upheld by the United States Patent and Trademark Office (USPTO), the International Trade Commission, and the United States Court of Appeals for the Federal Circuit. The dismissal effectively confirms 6C as an open, non-proprietary standard available for use across the tolling industry. Kapsch has been a firm proponent of open standards to facilitate national electronic tolling interoperability, having released its Open Standard Time Division Multiplexing (TDM) specification to the public in 2013 to give access to developers working with the highly reliable and thoroughly tested TDM specification. The TDM protocol is currently utilized by the E-ZPass® Group, the largest interoperable tolling network in the country. “We accept Neology’s action to dismiss its patent claims, and maintain our long-standing commitment to open standards and fair competition in electronic tolling going forward,” said Chris Murray, president of Kapsch TrafficCom North America. “This resolution will facilitate the goal of national electronic tolling interoperability in the US by enabling access to organizations and individuals seeking to work with, market, and implement various toll technology specifications.” Open standard communication protocols are critical to meeting the goals of the U.S. Moving Ahead for Progress in the 21 st  Century Act (MAP-21), enacted in 2012, which mandates national agreement on tolling technologies and business practices to facilitate interoperability between tolling platforms. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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19. December 2019
Intelligent system for public transport management in Castellón marks the end of a successful year for Kapsch TrafficCom in Spain.

Vienna, 19. December 2019  – Kapsch TrafficCom (Kapsch) has announced it is implementing an intelligent public transport system in the city of Castellón, in order to manage mobility more efficient. The project includes a mobile application to inform citizens in real time about timetables, permitted journeys or sanctions. In addition, barrier posts that block traffic from pedestrian zones in the old town will be replaced by a license plate recognition system. This makes it possible to recognise vehicle entrances and exits by automatic reading, the length of stay, and unauthorized journeys. The project has a budget of more than five million euros and will be executed over five years. Also included are permanent and portable gauging units that measure the speed of each vehicle and the intensity and occupation of lanes, with eleven access points to the city. Additionally, gauging units for bicycles and people will continuously transmit their analysis to a data centre. The contract also foresees a maintenance plan and technical support for the management, maintenance and operation of traffic control. Kapsch helps cities get smart. Throughout 2019, Kapsch's innovative strength has been reflected in numerous projects in the domestic market. These include the management of vehicle access control to Bilbao’s Old Town in a joint venture with Etra Norte, and in the city of Avilés, with similar projects in Pamplona, León, Palencia or Málaga. In addition, Kapsch has developed a project for the Madrid City Council involving the implementation of a smart mobility system, providing real time accurate data with the help of artificial vision cameras and big data techniques. This system is helping to improve traffic management in the city of Madrid, resulting in a better management of transport systems and infrastructures. In Vitoria, Donostia, La Coruña, Valladolid and Huelva, the Kapsch system EcoTrafiX™ has already been implemented. This tool collects, aggregates, archives and monitors various data sources in order to provide local technical management with a collective view of this data, obtaining an analysis for real-time management. Ceuta Ciudad Segura Award. In addition to the milestones achieved in 2019, the Ceuta Ciudad Segura solution implemented by Kapsch this year received the ASIS International Award. The SafeCity system will integrally manage data using a sophisticated camera system. The embedded tools can solve a variety of problems, such as precise knowledge of the real-time traffic situation through license plate recognition, early detection of forest fires through thermal imaging cameras, or the improvement of citizen security through facial recognition technology. "Smart Urban Mobility is one of the main strategic focuses for Kapsch in Spain. In 2019, the company has successfully continued to establish collaborative agreements with different public bodies with regards to the implementation of intelligent transport systems. This promotes efficient, safe and sustainable urban mobility. We have already implemented several important projects”, said Javier Aguirre, president of Kapsch TrafficCom for Spain and Portugal. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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6. December 2019
Kapsch TrafficCom presents latest mobility solutions at Gulf Traffic Conference in Dubai.

Vienna, December 6, 2019  – Kapsch TrafficCom (Kapsch) will showcase the latest integrated mobility solutions in realistic scenarios at this year’s Gulf Traffic in Dubai. With proven expertise, Kapsch offers a broad scope in terms of highway and urban mobility management capabilities, tolling, V2X, MaaS, and a multi-modal back office. Kapsch highlights a new age of urban mobility. “As visitors to our stand at Gulf Traffic will learn, the convergence between traffic management and demand management systems has given cities and highways an effective combination of tools,” says Nathalie Leboucher, Kapsch TrafficCom’s Senior Vice President WEMENA. Kapsch has a clear message for delegates at Gulf Traffic – building sustainable urban mobility requires not just innovative solutions but also cooperation. As traffic management and demand management systems increasingly converge, closer, longer-term relationships are key to realizing mobility’s next great leap forward. Showcasing innovation at Gulf Traffic. Gulf Traffic is an annual platform for the most innovative thought-leaders to convene in high-level discussions on the future of traffic in the EMENA region, which takes place from 9 th to 11 th  December at the World Trade Centre in Dubai. With the spotlight on “Technology For Smarter Cities”, Kapsch experts will share their vision for the future of urban mobility and will provide answers to important questions on mobility solutions and multi-modal transport at Booth #H8.F30: Tolling & Weigh-In-Motion: Nuno Gusmao, Solution Consultant EMENA Traffic Management: Fahim Belrabi, Solution Consultant EMENA Urban Mobility Management: Luna Roger, Senior Product Manager Solution Center Traffic Connected Vehicles: Barbara Hollinger, Sales Enablement EMENA SC Traffic   Region – Sales: Mohammed Serroukh , VP Business Strategy Middle East Nathalie Leboucher , Senior Vice President Western Europe, Middle East & North Africa   Expert Speech at the ‘AI For Transportation’ conference: Mohammed Serroukh, VP Business Strategy Middle East: “Creating AI-powered virtual operators”      Monday, December 9, 15:10      More Information: www.gulftraffic.com/en/conference/ai-for-transportation.html Meet us at booth #H8.F30 #GulfTraffic to find out more. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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20. November 2019
Results for the first half of 2019/20.

Highlights. Revenue continues to grow in both segments. The Americas region is growing very dynamically. Investments in growth (cost of materials and personnel expenses) are having a negative impact on profitability. EBIT includes one-off effects in connection with the termination of the German infrastructure charge and the toll project in the Czech Republic. “As in past financial years, we must also describe the first half of this year as mixed. While revenues were thoroughly positive, profitability was disappointing. If we take a closer look, there are good reasons for the decline in profits, so I am not worried at all, although I am not satisfied either“, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million H1 2018/19 H1 2019/20 +/- Revenues 335.8  359.2 +7.0 % EBIT 17.8  8.8 -50.6 % EBIT margin 5.3 %  2.4 % -2.9 %p Profit for the period 8.4 2.3 -72.1 % Earnings per share (EUR) 0.70 0.18 -74.8 % Vienna, November 20, 2019  – The final earnings for the first half of the 2019/20 financial year published today by Kapsch TrafficCom hardly deviate from the anticipated revenues and operating result (EBIT) announced on October 14, 2019. We were able to continue positive revenue development: Revenues rose by 7.0% to EUR 359.2 million relative to the comparable period in the previous year, with both segments contributing towards this positive development. It was the Americas region (North, Central, and South America) that drove growth with +27.5%. EMEA revenue (Europe, Middle East, Africa) remained constant (+0.1%). In the smallest sales region, APAC (Asia-Pacific), revenue declined by 29.6%. Some implementation projects came to an end, and there were delays in the acceptance of components by customers. EBIT amounted to EUR 8.8 million (-50.6%), which corresponds to an EBIT margin of 2.4% (previous year: 5.3%). However, one-off effects must be taken into account here: In connection with the German infrastructure charge: Due to early termination the company had to write off contract initiation costs of EUR 4.2 million.   In connection with the toll project in the Czech Republic: The contract ends in the third quarter of the financial year. Since the employees will not be hired en bloc by the designated operator, the company has set up a provision of EUR 0.9 million for severance payments. Excluding these one-off effects, EBIT in the first half of the year would have been EUR 13.9 million (previous year: EUR 17.8 million). The main reasons for the lower profitability are investments in future growth, namely in the form of: Cost of material. The performance of the installation business – particularly in the ETC segment – in the first half of 2019/20 was very positive, although it required relatively high material investments (i.e. higher costs of materials). The newly installed systems must, however, be operated later on, which offers additional sales revenue potential for Kapsch TrafficCom.   Personnel expenses. Since business in North America has been growing rapidly, the company needed to hire actively in order to take full advantage of the available market potential. In the first half of the year, the number of colleagues in the USA (excluding the Smart Parking subsidiary Streetline) rose by around 70 to a total of 714. The financial result for the first half of the year was EUR -4.4 million; EUR 1.4 million better than the previous year’s figure. Tax expenses amounted to EUR 1.3 million (previous year: EUR 3.6 million). The profit for the period amounted to EUR 2.3 million (previous year: EUR 8.4 million), which corresponds to earnings per share of EUR 0.18 (previous year: EUR 0.70). The further increase in net working capital in the first half of 2019/20 is an important indicator of the sustained high dynamism in the area of implementation projects – in other words, a fundamentally positive development. The free cash flow of EUR -17.8 million (previous year: EUR -19.9 million) should also be valued from this point of view. Due to the negative free cash flow, the dividend payment (EUR -19.5 million) and, above all, the initial application of accounting standard IFRS 16 (EUR -49.2 million), net debt rose to EUR 169.0 million. (March 31, 2019: net debt of EUR 73.5 million). Despite everything, the equity ratio was satisfactory at 33.9% (March 31, 2019: 38.2%). Segment results. In the first half of 2019/20, 78.3% of revenue was generated by the ETC segment and 21.7% by the IMS segment. 57.5% of revenue was generated in the Europe, Middle East, and Africa (EMEA) region, 38.2% in the Americas region (North, Central, and South America), and 4.3% in the Asia-Pacific (APAC) region. ETC (Electronic toll collection). Unless otherwise stated, all values in EUR million H1 2018/19 H1 2019/20 +/- Revenues 262.1  281.2 +7.3 % EBIT 24.8  17.5 -29.5 % EBIT margin 9.5 %  6.2 % -3.2 %p In the first half of 2019/20, ETC revenue reached EUR 281.2 million (+7.3%). The implementation business grew particularly strongly in the Americas (+87.4%) and EMEA (+43.3%) regions. By contrast, revenues from the operation of toll systems decreased (9.1%), mainly due to the lower scope of service in Poland. After our (old) contract ended on November 2, 2018, Kapsch TrafficCom was contracted to support the operation of the toll system for another 27 months as of November 3, 2018. ETC EBIT was EUR 17.5 million (-29.5%). The EBIT margin reached 6.2% (previous year: 9.5%). In the first half of 2019/20, Kapsch TrafficCom sold 6.3 million on-board units (previous year: 6.8 million). Unit sales declined in the Americas regions – with a simultaneously higher-quality product mix – and APAC. There were shifts in the timing of orders there. IMS (Intelligent Mobility Solutions). Unless otherwise stated, all values in EUR million H1 2018/19 H1 2019/20 +/- Revenues 73.7  78.1 +5.9 % EBIT -7.01  -8.7 -23.9 % EBIT margin -9.5 %  -11.1 % -1.6 %p In the first half of 2019/20, segment revenue reached EUR 78.1 million (+5.9%). The critical factor here consisted of higher operating revenues in the Americas region and implementation revenues that rose strongly in the APAC region and were able to more than offset a decline in the EMEA region. The IMS EBIT was EUR -8.7 million and thus below the value of the previous year (EUR -7.0 million). Once again, the United Kingdom’s pending withdrawal from the EU (Brexit) should not have a significant impact on Kapsch TrafficCom's results. The company’s revenue there is in the single-digit millions. The report of the first half of 2019/20 as well as further materials will be available at www.kapsch.net/ktc/ir/downloadcenter .

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23. October 2019
Kapsch TrafficCom to Provide New Advanced Traffic Management System for Georgia DOT.

Vienna, October 23, 2019  – Kapsch TrafficCom (Kapsch) has been selected by the Georgia Department of Transportation (GDOT) to design and implement a statewide Advanced Traffic Management System (ATMS). The new ATMS will serve as the foundation for the state’s intelligent transportation system (ITS) applications, and replace the existing NaviGAtor system that has been in place since 1996. GDOT will use the Kapsch ATMS to monitor all state and interstate roadways and arterials within Georgia. Its traffic software features offer comprehensive road supervision, data analytics, and metrics and reporting that can meet the management requirements for complex modern road setups such as reversible and managed lanes. The new ATMS will be built upon Kapsch’s next-generation DYNAC® platform and will integrate data from other transportation networks, roadside equipment, floating car data, connected vehicle equipment, and traditional traffic detectors. The Kapsch ATMS will make this data available to third parties and GDOT’s traveller information website via an open API. Kapsch will also implement advanced algorithms to facilitate congestion management throughout the network. These extensive capabilities will allow GDOT to streamline decision paths and improve incident response times, while the additional data will optimize strategies for road asset management and infrastructure investment. Kapsch is a leading provider of ITS applications with solutions that address multiple traffic management areas including corridor management, connected vehicles, and mobility-on-demand. “GDOT has been a national pioneer in using intelligent systems to manage its roadways, and we look forward to developing its new ATMS as it integrates new methods into its traffic and infrastructure management strategies,” said Chris Murray, president of Kapsch TrafficCom North America. The initial contract duration is 24 months for design and implementation of the ATMS, with additional options for ongoing maintenance. Kapsch will manage the project locally from its office in Duluth, Georgia. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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16. October 2019
Kapsch to showcase their full portfolio of the latest integrated mobility solutions for smart cities and highways at the ITS World Congress.

Smart cities of the future need innovative systems that address multimodal network analysis and evolving needs of end users, while enhancing agency collaboration. From October 21 to 25, Kapsch experts are presenting and discussing their most recent and innovative mobility solutions at Booth #359. Vienna/Singapore, October 16, 2019  – Recent trends in urbanization, congestion and mode shifting present significant challenges in transport terms. Cities have to become smarter about how they move people and goods and need to find solutions which offer an improved user experience. Today, technologies that enable cities to do this are available. Smart devices are now commonplace and put information at citizens’ fingertips – from the individual’s perspective, these solutions are seamless and simple to use. However, enabling service providers to quantify and satisfy travellers’ ambitions requires sophisticated supporting technology. Delivering innovation to transform today’s challenges into opportunities Crucial for its success is to partner with a service provider having expertise, maturity, and a broad scope of offerings in terms of highway and urban mobility management capabilities, tolling, V2X, MaaS, and a multi-modal back office. Therefore, Kapsch will be showcasing their full portfolio of the latest integrated mobility solutions in realistic scenarios and sharing their vision for the future of urban mobility, which is focused on delivering innovation through smart solutions and agency cooperation whilst balancing demand across all modes. Developing Smart Cities requires Smart Partnerships As part of Kapsch’s focus in unlocking the full potential of their integrated mobility solutions, Kapsch TrafficCom Australia has signed a Memorandum of Understanding with the University of Melbourne to create a ‘Mobility Hub’ within the Australian Integrated Multimodal EcoSystem (AIMES) environment – a world-first living laboratory based on the streets of Melbourne, established to test highly integrated transport technology with a goal to deliver safer, cleaner, and more sustainable urban transport outcomes. The details of the project will be announced for the first time at the ITS World Congress.   Expert Corner Speeches at Booth #359: Soren Tellegen, Executive Vice President Asia-Pacific, “Kapsch’s vision for the future of ITS in Asia-Pacific region” : Building sustainable urban mobility requires smart and powerful solutions as well as multi-agency collaboration – join us for this session to learn how Kapsch can help transform today’s challenges into opportunities. Tuesday, October 22, 10am – 10.15am   Rohan Fernando, Vice President Sales Asia-Pacific, “Our Smart Partnerships – Success Stories in Asia” : We believe that smart relationships lead to sustainable solutions and exceptional user experience – join us for this session to find out more on how we deliver outstanding value to our Partners and work together to build a new age of smart urban mobility. Tuesday, October 22, 2pm – 2.15pm   David Bolt, Vice President Solution Consulting Asia-Pacific, “Kapsch’s digital transformation in mobility management” : It is our mission to support road users with Intelligent Mobility Solutions that can help them reach their destination comfortably, safely, on time and with minimal environmental impact – join us for this session to find out more about our innovative tools. Tuesday, October 22, 3pm – 3.15pm   David Bolt, Vice President Solution Consulting Asia-Pacific and Prof. Majid Sarvi, University of Melbourne, “Australian Integrated Multimodal EcoSystem – AIMES” : Join us for this session when Kapsch and the University of Melbourne present how industry and academia can work together to shape the future of smart transport. Wednesday, October 23, 10am – 10.15am   Kapsch experts will provide answers to important questions on smart mobility and cities of the future: Anto Komarica, Vice President Product Management Solution Center Tolling: all questions related to tolling solutions and products. Wednesday, October 23, 2pm – 4pm; Thursday, October 24, 2pm – 4pm   Tracy Bumpers, Executive Vice President Solution Center Traffic: all question related to traffic management (cities, highways) and V2X/Connected Vehicles Tuesday, October 22, 10am – 12am; Wednesday, October 23, 10am – 12am   Michael Kieslinger, Managing Director Fluidtime Data Services GmbH: all questions related to Integrated Mobility Services and Mobility-as-a-Service Thursday, October 24, 10am – 12am; Friday, October 25, 11am – 1pm   Soren Tellegen, Executive Vice President Asia-Pacific: all questions related to Kapsch's vision for the future of ITS in APAC Tuesday, October 22, 10.30am – 12.30am; Thursday, October 24, 10am – 12am   David Bolt, Vice President Solution Consulting Asia-Pacific: all questions related to Kapsch Digital Transformation and Mobility Management Tuesday, October 22, 3.30pm – 5.30pm; Wednesday, October 23, 2.30pm – 4.30pm   If you are interested, we are happy to arrange a personal meeting upon request. Please contact: Gosia Marczuk P +61 436 680 471 Gosia.Marczuk@kapsch.net Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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30. September 2019
Kapsch TrafficCom Receives OmniAir Certification for Connected Vehicle Roadside Units.

Vienna, September 30, 2019  – Kapsch TrafficCom has received a certification for compliance and conformance for its RIS-9160 and RIS-9260 roadside units (RSU) from the OmniAir Consortium ® , an association focused on improving processes and products for tolling and connected vehicles (CV). OmniAir Certification is the leading industry certification that confirms the RSUs meet operational standards set by the Instititue of Electrical and Electrionic Engineers (IEEE) and the Society of Automotive Engineers (SAE), and specifications by the United States Department of Transportation (USDOT). The RSUs were independently tested for Wireless Access in Vehicular Environments (WAVE) and USDOT RSU specification compliance by DEKRA, a European vehicle inspection company, at the company’s authorized test laboratory in Malaga, Spain. Each unit enables vehicle-to-infrastructure (V2I) communication when implemented with corresponding in-vehicle OBUs (on-board units). The dual-band RIS-9260 was certified for the DSRC radio setting but has option for users to choose operation between a DSRC and C-V2X communication, ultimately providing customers with the ability to use these RSUs to communicate with certified OBUs from other vendors. Kapsch is a globally-operating technology corporation for intelligent transportation systems (ITS) with proven connected vehicle solutions that have been implemented in various projects in Europe, the United States and Australia. “The OmniAir certification of our roadside units is a valuable proof of the conformity and interoperability of Kapsch solutions. This will enable new deployments in pilot and commercial projects and furthermore add value to the Connected Vehicle infrastructure and market share of our solutions worldwide”, said Tugrul Güner, Director of Product Management CV. As connected vehicle applications become progressively part of the urban landscape, the comprehensive suite of connected mobility products and services will enable Kapsch to have a primary role in these developments. Kapsch will be publically recognized as a certified supplier at the OmniAir European Plugfest in Malaga, Spain on September 30, 2019. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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10. September 2019
Summary of the resolutions of the Annual General Meeting.

Vienna, September 10, 2019  – Today's Annual General Meeting of Kapsch TrafficCom AG passed the following resolutions: Distribution of a dividend of EUR 1.50 per share (in total EUR 19,500,000,--). The remaining amount will be carried forward onto new account. The ex-dividend date is September 13, 2019; the dividend record date is September 16, 2019; the dividend payment date is September 18, 2019.   Dr. Franz Semmernegg, Dr. Kari Kapsch und Dr. Harald Sommerer again elected to the Supervisory Board. Term of office ending at the end of the Annual General Meeting deciding on the formal approval for the fiscal year 2022/23.   PwC Wirtschaftsprüfung GmbH, Vienna, appointed as auditor and Group auditor for the fiscal year 2019/20.   The actions of the members of the Management Board and the members of the Supervisory Board in office in the fiscal year 2018/19 were formally approved.   Authorization to purchase own shares as well as to sell or use shares in a manner other than via the stock exchange or a public offer: Pursuant to Section 65 para. 1 No. 8 as well as para. 1a and 1b AktG, the Management Board shall be authorized to purchase both via the stock exchange and over the counter own bearer shares of the Company in a volume of up to 10% of the share capital of the Company for a validity period of 30 months from 10th September 2019, thus until 10th March 2022, whereby the lowest consideration may be not less than EUR 1,-- and the highest consideration may be not more than 10% above the average unweighted closing price on the Vienna Stock Exchange for the last ten trading days prior to purchase of the shares. Trade in own shares is excluded as a purpose of purchase. The said authorization may be exercised wholly or in part or also by way of several part amounts, with option to make repeated use of the 10% limit, and in pursuit of one or several purposes by the Company, by a subsidiary (Section 189a para 7 of the Austrian Business Enterprise Code (“Unternehmensgesetzbuch” or “UGB”)) or for the account of the Company by third parties.   The Management Board shall be authorized to resolve the purchase of own shares via the stock exchange and has to inform the Supervisory Board on the resolution afterwards. The purchase over the counter shall be subject to the Supervisory Board’s prior approval. A purchase of shares over the counter may be performed excluding the shareholders’ pro rata disposal rights.   For a period of five years with effect from 10th September 2019, the Management Board shall be authorized pursuant to Section 65 para. 1b AktG, with the approval of the Supervisory Board, to resolve on the sale or appropriation of own shares in a different way than via the stock exchange or via a public offer, and exclude the shareholders’ pro rata subscription rights (exclusion of subscription rights), and to stipulate the conditions of sale. Authorization may be exercised wholly or in part or by way of several part amounts and in pursuit of one or several purposes by the Company or by a subsidiary (Section 189a para 7 UGB) or for the account of the Company by third parties.   Furthermore, the Management Board is authorized, with the approval of the Supervisory Board, to decrease the share capital of the Company by a redemption of own shares according to Section 65 para. 1 no. 8 last sentence in conjunction with Section 122 AktG without any further resolution by the General Meeting. The Supervisory Board is authorized to resolve upon the amendments of the Articles of Association as a consequence of the redemption of shares. Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways while helping to reduce pollution. Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom with headquarters in Vienna, has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom‘s about 5,000 employees generated revenues of EUR 738 million in fiscal year 2018/19.

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20. August 2019
Final earnings for the first quarter of 2019/20.

Highlights. Year-on-year revenue growth (+18%) up to EUR 186 million. EBIT fell to EUR 4.6 million (previous year: EUR 7.1 million). Outlook for 2019/20 confirmed: Revenues and EBIT (excluding one-time effects) are both expected to go up by at least 5%. “In the first quarter, we were able to continue positive revenue development. In EBIT, however, the seasonal nature was much more markedly pronounced than anticipated, which is why the figure was below that of the first quarter of the previous year. For the 2019/20 fiscal year, I am still optimistic that we will achieve the given guidance“, declares Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1 2018/19 Q1 2019/20 +/- Revenues 158.2  186.2 +17.7 % EBIT 7.1  4.6 -36.0 % EBIT margin 4.5 %  2.4 % -2.0 %p Profit for the period 2.5 2.2 -11.6 % Earnings per share (EUR) 0.21 0.19 -9.0 % Vienna, August 20, 2019  – The final earnings for the first quarter of the 2019/20 fiscal year published today by Kapsch TrafficCom hardly deviate from the anticipated revenues and operating result (EBIT) announced on July 20, 2019. In the first quarter of 2019/20, Kapsch TrafficCom was able to increase revenues to EUR 186.2 million (+17.7% compared to the first quarter of the previous year). The company was characterized by strong growth rates, especially in the Americas region (North, Central, and South America). EBIT reached EUR 4.6 million (-36.0%), corresponding to an EBIT margin of 2.4% (previous year: 4.5%). The main reasons for lower profitability are investments in further growth, namely in the form of Costs of material. The implementation business underwent a very positive development in the first quarter of 2019/20. However, it required a relatively high material investment. The newly installed systems, particularly in the ETC segment, will have to be operated later on. This gives Kapsch TrafficCom potential for further revenue.   Staff costs. Since business in North America is growing rapidly, additional personnel need to follow in order to take full advantage of the available market potential. In the first quarter alone, the number of employees in the US went up by 50 people. The greatly improved financial result of EUR -1.7 million (previous year: EUR -3.5 million) was mainly due to beneficial changes in exchange rates. The income tax expenses of EUR -0.4 million were also below those of the previous year (EUR -1.1 million). In this way, the company attained profit for the period in the amount of EUR 2.2 million (previous year: EUR 2.5 million) and earnings per share of EUR 0.19 (previous year: EUR 0.21). Segment results. In the first quarter of 2019/20, 79.0% of revenues were attributed to the “Electronic Toll Collection” (ETC) segment and 21.0% to the “Intelligent Mobility Solutions” (IMS) segment. 61.6% of revenues were generated in the Europe, Middle East, and Africa (EMEA) region, 34.3% in the Americas region (North, Central, and South America), and 4.1% in the Asia-Pacific (APAC) region. ETC (Electronic toll collection). Unless otherwise stated, all values in EUR million Q1 2018/19 Q1 2019/20 +/- Revenues 119.6  147.0 +23.0 % EBIT 7.0  7.6 +9.3 % EBIT margin 5.8 %  5.2 % -0.6 %p Kapsch TrafficCom raised its revenues in the ETC segment to EUR 147.0 million in the first quarter of 2019/20. This is an increase of 23.0% compared to the comparative period of the previous year. ETC EBIT were at EUR 7.6 million and thus EUR 9.3% above the figure of the previous year. The EBIT margin reached 5.2% (previous year: 5.8%). Kapsch TrafficCom sold 3.3 million on-board units in the first quarter of 2019/20 (+0.9%). IMS (Intelligent Mobility Solutions). Unless otherwise stated, all values in EUR million Q1 2018/19 Q1 2019/20 +/- Revenues 38.7  39.1 +1.2 % EBIT 0.1  -3.1 n.a. EBIT margin 0.3 %  -7.9 % -8.2 %p In the first quarter of 2019/20, segment revenues reached EUR 39.1 million (+1.2%). IMS EBIT were at EUR -3.1 million and thus below the figure of the previous year (EUR 0.1 million). Free cash flow and balance sheet. At EUR -4.6 million, free cash flow was much better in the first quarter of 2019/20 than in the comparative period of the previous year (EUR -15.1 million). The main reason for the positive development was the reduced – albeit continued – increase in working capital. One major change starting in the 2019/20 fiscal year is the initial application of the standard IFRS 16 “Leases”, which specifies the recognition, measurement, presentation as well as disclosure requirements with regard to leases in financial statements. Rights of use arising from leasing agreements are capitalized (tangible assets), and lease liabilities are shown separately on the liabilities side of the balance sheet. This changed reporting of leases significantly increased the balance sheet total and net debt as of April 1, 2019, lowering the equity ratio. As of June 30, 2019, net debt was therefore EUR 133.4 million. Without the new application of IFRS 16, it would be EUR 81.7 million (March 31, 2019: EUR 73.5 million). The equity ratio on June 30, 2019, was still very strong despite the IFRS 16 effect: 36.3% (March 31, 2019: 38.2%). The balance sheet total went up to EUR 715.9 million. (March 31, 2019: EUR 677.7 million). The highlights report of the first quarter 2019/20 as well as further materials will be available at www.kapsch.net/ktc/ir/downloadcenter .

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