Announcements

The settlement is expected to be formally finalized and executed in the coming days and thus becomes effective.

Kapsch TrafficCom recorded a slight increase in business in the financial year 2022/23, as expected, but EBIT remained significantly below expectations.

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.