Preliminary results for Q1 2019/20: Increase in revenues year over year but EBIT below expectations. Outlook for the fiscal year confirmed.
According to the already given outlook, the course of the 2019/20 fiscal year will be similar to that of the one before: a weaker first half-year period should be followed by a strong second half. This seasonality seems to have a stronger than expected impact on the operating result (EBIT) in Q1 2019/20. It will likely amount to approximately EUR 4.6 million (previous year: EUR 7.1 million). A further negative impact may arise from the consolidation of the not yet finally available results of the German operations. On the other hand, revenues in Q1 2019/20 will reach approximately EUR 186 million, a significant increase over the same period in the previous year (EUR 158.2 million).
The company confirms the outlook for the fiscal year 2019/20 (increase of both revenues and EBIT by at least 5%).
The results of Kapsch TrafficCom for the first quarter 2019/20 will be published on August 20, 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.