Operating result (EBIT) for the fiscal year 2018/19 likely to exceed expectations.
According to Kapsch TrafficCom’s latest outlook for the fiscal year 2018/19, EBIT was expected to reach previous year’s level and revenues were expected to increase. In the meantime, unaudited results are available. Based on these results, the management expects an EBIT of about EUR 57 million (i.e. about 14% above previous year’s EUR 50.1 million). Revenues are expected to reach about EUR 738 million (previous year: EUR 693.3 million).
Kapsch TrafficCom will announce the final results for the fiscal year 2018/19 on June 18, 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 alike 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 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 currently has more than 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.