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Press & Mediacenter

Press Contacts
Carolin Treichl

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

+43 50 811
Sandra Bijelic

Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria

+43 50 811
30. November 2022
Sustainable gantry from Austria: wood beats metal

New green gantry with positive CO 2 balance Meets all relevant European norms and standards Vienna, November   30, 2022   – With the "Green   Gantry", Kapsch TrafficCom introduces …

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22. November 2022
France: Fewer emissions, fewer stops with new tolling system by Kapsch TrafficCom

New tolling system will save 30,000 tons of CO 2 per year on A13 and A14 highways “No more waiting in line for toll plazas,” says Quentin Houet of Kapsch   TrafficCom Vienna/Paris, November   22, 2022   – On September   22, Kapsch TrafficCom was awarded with the delivery of free flow gantries including hardware supply and related software by French highway concessionaire SAPN. The system will make traffic more fluid (especially during weekends and days of heavy traffic conditions), reduce emissions and improve the attractiveness of the territories of Île-de-France and Normandy. It is being installed along 250km of the A13 and A14 highways, a heavily frequented highway route in France. It will be located between capital city Paris and the city of Caen in Normandy. “Drivers will no longer have to slow down or wait at the tolling plaza, but will be able to enjoy the road freely and without tolling interruptions, as payments may be conducted automatically or afterwards,” comments Quentin Houet, Area Sales Manager at Kapsch TrafficCom. “With the system, to which Kapsch TrafficCom is supplying part of the central building blocks, 30,000 tons of CO 2 will be saved per year.” Kapsch TrafficCom is delivering a complete set of gantries as well as the interfaces with central SAPN systems. The contract also contains optional maintenance services. The project, based on technology that Kapsch TrafficCom has successfully deployed in many countries around the globe, involves replacing existing tolling pazas with gantries able to detect, identify and classify vehicles and calculate the corresponding toll fee automatically. “This project is a major stepping stone in the migration from traditional plaza tolling towards free flow systems for a cleaner mobility and a seamless driving experience for the people using the A13 and A14 highways,” concludes Quentin Houet. Delivery is set to start immediately, while first parts of the new system are expected to become operational in the second half of 2023 to allow a free flow go-live in the course of 2024. This new solution will be implemented with limited impact over the ongoing traffic. If you want to find out more about how the tolling technology of Kapsch TrafficCom can make a difference for sustainable mobility, visit Tolling   Transformation .

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16. November 2022
Kapsch TrafficCom – Results for the first half of 2022/23.

Highlights. Revenues increased by 4%. Turnaround confirmed in first half of 2022/23, both segments positive. Financial position remains in focus. Outlook 2022/23: Stable revenue level and improved profitability expected. "We believe we are on the right track with the measures we have set – and the measures still in planning and implementation – for our profitability and future growth. Despite the challenging environment, we were able to confirm the turnaround in the first half of the year. In addition, we have won significant new projects, especially in the urban area, which confirm our strategy" , says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million H1 2021/22 H1 2022/23 +/- Revenues 255.2 264.8 +3.8% EBIT 10.6 4.7 -55.6%    EBIT margin 4.2 % 1.8% -2.4pp Result for the period attributable to equity holders 3.0 0.3 -90.1% Earnings per share (EUR) 0.23 0.02 -90.1% Vienna, November   16, 2022   – Kapsch TrafficCom was able to slightly increase revenues in the first half of the financial year 2022/23 in an unchanged very challenging environment. At EUR 265 million, they were 4% above the previous year's figure of EUR 255 million. The operating result (EBIT) was positive at just under EUR 5 million, although it was significantly below the previous year's figure of EUR 11 million.   As part of the restructuring process, Kapsch TrafficCom was able to drastically lower its cost base. Nevertheless, increases in costs of materials and other production services as well as personnel expenses, which had already increased in the first quarter, particularly in North America, had a negative impact in the reporting period. The positive exchange rate development against the US dollar could not compensate for this. The financial result in the first half of 2022/23 amounted to EUR -1 million (previous year: EUR -3 million). The result attributable to equity holders of the company amounted to EUR 0.3 million, compared to EUR 3 million in the previous year, corresponding to earnings per share of EUR 0.02 (previous year: EUR 0.23). Free cash flow was considerably negative in the first half of 2022/23 at EUR -11 million (previous year: EUR -1 million). In this context, net debt increased to EUR 190 million and gearing to 302%. The equity ratio declined to 12%. Cash and cash equivalents decreased in the past six months in connection with repayments and the increased financing of working capital. Careful liquidity management remains in the focus of Kapsch TrafficCom. Results by segment in the first half of 2022/23   Growth was driven by the tolling segment, which generated 74% of total revenues in the reporting period. The traffic management segment accounted for 26%. Regionally, the share of revenues in the EMEA region (Europe, Middle East, Africa) declined to 48%, while Kapsch TrafficCom recorded strong growth in the other regions: in the Americas region (North, Central and South America) to 47% and in the Asia Pacific region (APAC) to 6% of total revenues. Tolling segment Revenues in the tolling segment increased by 8% to EUR 195 million, with the implementation business at 41% substantially above the previous year and the components business also rising. Revenues in the Americas region increased by 33%, making this region the largest contributor to revenues in the first half of 2022/23 (48%). In the EMEA region, revenues declined to EUR 88 million or 45% share of revenues – mainly in connection with the termination of the nationwide tolling project in Poland – while in the APAC region, revenues increased by 46% to EUR 13 million (7% share of revenues). EBIT in the tolling segment increased to EUR 3 million (previous year: EUR 1 million), with an EBIT margin of 1%. Tolling segment. Unless otherwise stated, all values in EUR million H1 2021/22 H1 2022/23 +/- Revenues 181.0 195.3 +7.9% EBIT 1.3 2.5 +84.7%    EBIT margin 0.7% 1.3% +0.5pp Traffic management segment In the traffic management segment, revenues decreased by 6% to EUR 69 million. This was due in particular to the implementation business, which was 33% below the previous year. In regional terms, despite the 14% decline, the EMEA region made the largest contribution to revenues with 54%, the Americas region 42%, and APAC contributed 4% or EUR 3 million with tremendous growth. EBIT in the traffic management segment decreased to EUR 2 million in the first half of 2022/23 (previous year: EUR 9 million). This was due to significantly higher costs of materials, other production services and personnel expenses. The EBIT margin was 3%. Traffic Management segment. Unless otherwise stated, all values in EUR million H1 2021/22 H1 2022/23 +/- Revenues 74.1 69.4 -6.3% EBIT 9.3 2.3 -75.7%    EBIT margin 12.6% 3.3% -9.3pp Outlook In the second half of the current financial year, Kapsch TrafficCom continues to focus on new business as well as on cost discipline and liquidity management. In South Africa, the announcement of the Gauteng province on how it intends to proceed with the tolling system is expected. Likewise, special attention is being paid to the project in Belarus, which continues to run according to plan. Finally, the Executive Board is closely monitoring the macroeconomic developments and is prepared to react with agility. In terms of new business, Kapsch TrafficCom is slowly seeing a market recovery from the impact of the COVID-19 pandemic and repeat orders and new projects are expected throughout 2023. After the sale of the Spanish public transport business was agreed in August, the transaction should be closed shortly and bring a positive effect on earnings. On this basis, the Executive Board continues to expect a stable level of revenue and, compared to the previous financial year, significantly improved profitability for the financial year 2022/23. This will include the special effect from the sale of the Spanish business. However, the development of the aforementioned factors is subject to uncertainties and may impact the results accordingly. The report on the first half of 2022/23 as well as further materials on the results are scheduled to be available today, from 7:35 a.m. (CET), at:

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14. November 2022
Pioneering technology for fairer and more sustainable road use charges – Kapsch TrafficCom

Vienna/Oslo, November   14, 2022   – Pilot project of Kapsch TrafficCom and Aventi Intelligent Communication enables a completely new type of tolling for passenger cars. Austrian mobility company Kapsch TrafficCom and its partner Aventi Intelligent Communication have conducted a pilot project in Norway where they tested the tolling technology of the future. The target of the project (conducted during the summer months) was to find out how fee collection for passenger cars is possible based on the vehicle type, its emissions class and the kilometers driven. The background to this is the rapid decline in vehicle-related tax revenues, particularly due to the high proportion of electric vehicles in Norway – a problem that more and more countries will face in the coming years. The project serves as input to “concept selection study” that was conducted by Norwegian authorities regarding the principles of determining and collecting future road user charges and tolls. “In total, more than two million kilometers of trips, or about 50 laps around the earth, were analyzed. The system was able to handle the challenging environments of the Norwegian road network, matching routes and calculating rates with an accuracy level  above 99%” , comments Alfredo Escriba, Chief Technical Officer at Kapsch TrafficCom. Fair and user-friendly system On the one hand road user charging can compensate for the loss of tax revenue by governments, and on the other hand it offers a fair and transparent charging system for road users. While this type of charging is already established for trucks, the tested system could for the first time offer a practicable and user-friendly instrument for passenger cars as well.   If you want to learn more about how other countries continue to innovate in the tolling space, visit Tolling Transformation .

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4. November 2022
Change of Compliance Officer at KapschTrafficCom

Dominik Fluch appointed new Compliance Officer 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.

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31. October 2022
Kapsch celebrates its 130th company anniversary

A company through the ages   Vienna, October   31, 2022   – Kapsch celebrates its 130 th company anniversary at the end of October. The technology company, now in its fourth generation of family management, can look back on a long and eventful history. Innovative from the Go The history of Kapsch began on October 31, 1892 in Schottenfeldgasse in Vienna's seventh district, where the great-great-grandfather of the current CEO Georg Kapsch, Johann Kapsch, opened a precision mechanics workshop with 18 employees. From the very beginning, the company focuses on innovation and development – with success. The decision to build telephones and telegraphs turns out to be spot on, with orders coming in from all parts of the Austro-Hungarian monarchy and even from other countries. "The company had the foresight at the time to recognize telephony as an emerging technology on the one hand, and to position itself successfully in this rapidly growing market on the other," explains Georg Kapsch, CEO of Kapsch TrafficCom. For example, the company developed its first "mobile" telephone, which used a long cable and a carrying ring to enable the device to be moved around the room during the call. "On the other hand, a little later, in the 1920s, radio technology was used as a second mainstay. So even then, you could see that the company was characterized by innovation and progress," says Georg Kapsch. The company's entry into the radio business is one of the biggest coups in its history. In the following years, Kapsch establishes itself as one of the leading technical providers on the market, and despite the difficult economic situation, revenues and the number of employees increase. Years of Growth A challenging period in the late 1960s leads to a stronger focus on telecommunications; radio, television and battery production are discontinued in the mid-1980s, and instead the company focuses early on digitization and the development of fixed-line and communications networks. "I can well remember how there was a spirit of optimism in the company at that time," reports Georg Kapsch. "Among other things, our own printed circuit board production was installed in 1979. Today, production is highly automated and largely supplies products for toll and traffic management applications." With the arrival of Georg Kapsch in 1982 and his appointment to the Executive Board in 1992, the company opens a new chapter – coinciding with its 100 th anniversary. Several major international projects and the establishment of subsidiaries in multiple countries mark the step towards becoming a modern, global and self-confident industrial company that exceeds the three-billion-ATS sales mark. The rapid technological developments in the communications industry prompt Kapsch to focus fully on the business areas of public networks, private networks and traffic control systems, and the 1990s also bring record sales and well-filled order books. New Millennium, New Challenges It was not until the IT crisis of the 2000s and the completion of the digitalization of the Austrian telecommunications network that the company's soaring success was briefly halted, leading to the regrouping into Kapsch TrafficCom, CarrierCom and BusinessCom under the parent company Kapsch Group. The order for the truck toll in Austria in June 2002 proves to be a catalyst. By 2007, Kapsch TrafficCom has risen to become the global market leader in the field of tolling systems and is setting up systems all over the world, for example in Australia, North and Latin America and some European countries. In the following years, Kapsch TrafficCom successfully positions itself as a global provider of tolling and traffic management systems. In 2015, the cross-border traffic management project "CHARM" is won, a major project commissioned by the English and Dutch road authorities. In 2016, Kapsch TrafficCom acquires the Transportation division of Schneider Electric on the Iberian Peninsula, thereby strengthening its position in the Intelligent Transportation Systems segment. Constant Transformation At the beginning of the 2020s, however, Kapsch TrafficCom is once again faced with a major task – the successful activities and projects on all continents are contrasted with societal and economic crises. The unforeseeable consequences of the Covid 19 pandemic, the component crisis and the geopolitical situation are affecting the company's social and economic environment. CEO Georg Kapsch, who represents the fourth generation of the Kapsch family to lead the traditional company, concludes: "The past 13   decades have been marked by successes and crises, by huge social, political and economic upheavals, which have had a significant impact on both the company and all its employees. Through these turbulent times, the company has always focused on long-term and sustainable growth. For us, the anniversary therefore brings a renewed awareness of the values that have accompanied us since 1892  – innovation, quality, cohesion and, last but not least, the awareness that we are responsible not only for the current generation, but also for future generations of society and our employees."

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16. September 2022
Kapsch TrafficCom and Microsec collaborate to improve safety and reduce congestion 

The target is to accelerate and simplify Vehicle-to-Everything (V2X) deployment and operations of secure corridor management Vienna/Los Angeles, September   16, 2022   – Kapsch TrafficCom (KTC) and Microsec   Ltd. are announcing a new strategic collaboration. The partnership is geared towards delivering industry-leading secure digital services for the global transportation market. Its goal is to improve safety, reduce congestion and related emissions, and to support the advancement of automated vehicles. The collaboration focuses on comprehensive, modular, and secure connected corridor solutions to deliver trusted, reliable, and authenticated digital services. “Connected Vehicle Services and the connected transportation market are ready for operational programs which truly impact the safety of our transportation stakeholders,“ states Steve Sprouffske, VP Connected Vehicle Services at Kapsch TrafficCom. “With this new collaboration with Microsec, a Qualified Trust Service Provider (QTSP) with nearly 40   years of security service, we want to spur new growth at scale which delivers on the promise of Connected Vehicles.” “Kapsch TrafficCom is a recognized industry leader and integrating our commercially deployed and state-of-the-art V2X   PKI   solutions with their highly sought after connected roadside infrastructure and digital services is a real benefit to road operators as it simplifies procurement, integration, deployment and operations,” says Márton Hegedüs, CEO of Microsec. “V2X   communications is about delivering roadside safety and facilitating greater traffic efficiency, but it can’t function without the trust afforded by security credentials.” Collaboration details Integrating the diverse Traffic and Connected Vehicle Services portfolio of Kapsch TrafficCom with Microsec’s IEEE 1609.2.1 standards-based advanced V2X PKI security solutions for transportation creates a commercial-ready solution option for roadway operators to manage connected corridors securely. Delivering security services packaged with connected corridor solutions for highway and urban environments offers simplification, adaptability and scalability to roadway operators of any size. Kapsch TrafficCom and Microsec have already accomplished device level integration for the KTC RIS family of roadside platforms. As security solutions are not limited by region, Kapsch TrafficCom-Microsec is a non-exclusive venture and will jointly offer integrated solutions for Europe, North America and APAC markets. The goal is to leverage ETSI and OmniAir certifications to deliver Cooperative ITS Credential Management System (CCMS) and Secure Credential Management System (SCMS) capabilities for ITS-G5 and C-V2X based communications, respectively. Further integrations with physical and digital products are expected in the near future and will roll out by region. Find out more  Meet with the Kapsch TrafficCom team in booth #1853 at ITS World Congress being held in Los Angeles, California from September 18-22 where Connected Vehicle Services, Demand Management and Orchestrated Connected Corridor are ushering in a new age of digital infrastructure and transportations services.

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13. September 2022
Kapsch TrafficCom Receives Full System Acceptance for Express Lanes Tolling System on Popular SoCal Highways 

Major highways are reducing congestion and improving road user experience with state-of-the-art Express Lanes tolling system Find out more about the project at IBTTA  2 022 (booth 413-415), September   18-20 in Austin,   TX Vienna/Austin, September   13, 2022   – Interstate   15 & State Route   91, highways that runs through one of the most congested regions of the world, experience a state-of-the-art All-Electronic-Tolling (AET) express lanes System. Riverside County drivers on the busy I-15 highway, which connects the US-Canadian border with Las Vegas and Southern California, and SR-91, which runs through several regions of the Greater Los Angeles area, experience an improved drive and reduced congestion by using the barrier-free express lanes system. The Riverside County Transportation Commission (RCTC) contracted with Kapsch TrafficCom to provide the end-to-end solution. “Our solution has helped RCTC to reduce congestion on the corridor, and to improve end-user experiences based on consistent and highly responsive services. Other key benefits are the ability to incentivize ride sharing to further reduce traffic while collecting revenue to meet the financial obligations of the I-15   Express Lane project” , comments JB Kendrick, President at Kapsch TrafficCom USA, Inc. End-to-end project acceptance awarded August 23rd After completion of a number of project milestones, including the opening of the 15 Express Lanes and the customer service center in 2021, the final project acceptance was received, certifiying that Kapsch TrafficCom was able to meet all performance and contractual requirements for the project and continue the five year partnership to operate & maintain the RCTC Express Lanes system. The two tolled express lanes incorporate eight toll points on the I-15 Express Lanes and four on the SR-91 Express Lanes in Riverside County. Kapsch TrafficCom also delivered 15 variable message signs (on the roadside), 27 CCTV cameras for enforcement, and 39 microwave vehicle detectors. The solution includes the 15 Express Lanes back-office system,dynamic pricing, image review, a customer contact center, and collections enforcement.Kapsch also provides the operations and maintenance functions for the express lanes and staffs and operates the traffic operations center and customer service center. Learn more at IBTTA 2022 Kapsch TrafficCom is excited to share more info on the project at this year’s IBTTA event in Austin, Texas from September 17-20. If you want to find out more about the project and other innovative tolling projects for Express Lanes or Road User Charging and Demand Management that Kapsch TrafficCom is working on, come by booth 413-415, or go to Tolling Transformation to see our revolutionary ideas on the future of tolling!

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12. September 2022
Presenting the World’s smartest traffic management system at ITS World Congress 2022 

Kapsch Intelligent Corridor is using the latest technology to reduce traffic jams and improve road safety Visit booth #1853 at the ITS   World Congress in LA from September   18-22 to find out more Vienna/Los Angeles, September   12, 2022  – At this year’s ITS World Congress in LA, David   Bolt, VP   Sales and Solution Consulting for the APAC region, will provide an update on how the Kapsch   & AIMES Intelligent Corridor project is going and explain six defined use cases focused at congestion management and improving road safety. The project was launched by Kapsch TrafficCom in March of this year together with the University of Melbourne and the Victorian Department of Transport (DOTVic) supported by a AUD 2 million Australian Research Council (ARC) Linkage grant from the Federal Government. “Our idea is to use new and existing technology to provide effective 'change levers' to traffic operators, improving the transport network and the surrounding environment for all traffic participants,” David Bolt says ahead of his appearance at the ITS World Congress. Covering a 2.5 kilometer stretch of Nicholson Street between Alexandra and Victoria Parades, the Intelligent Corridor uses sensors, cloud-based AI, machine learning algorithms, predictive models and real time-data capture to improve traffic management – easing congestion, improving road safety for cars, pedestrians and cyclists, and reducing emissions from clogged traffic. The Intelligent Corridor marks a significant new phase, providing a new level of monitoring, with sensors on every intersection and a host of initiatives that will create a world-leading traffic management system. “The challenge is turning the mountain of data that is available into usable information. Our task is connecting the right data and focusing on usable outcomes to enable and inform operators. Based on those outcomes, a number of use cases can be identified that are actively impacting traffic participants,” David continues. The Kapsch Intelligent Corridor is part of the AIMES (Australian Integrated Multimodal EcoSystem) network. AIMES is the world’s first and largest ecosystem for testing emerging connected transport technologies at large scale in complex urban environments. It incorporates over 100 kilometers of road network in Melbourne and receives support from the Victorian Department of Transport. If you want to learn more about the Intelligent Corridor, AIMES and how Kapsch TrafficCom is managing and transforming mobility data, visit David’s presentation in hall 406A on September 20 at 3pm or come by the Kapsch TrafficCom booth #1853.

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8. September 2022
Change in Investor Relations at Kapsch TrafficCom

Marcus Handl appointed new Investor Relations 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.

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