Press

Highlights “The economic environment remained very challenging in the first quarter. Nevertheless, we managed to increase revenues by 3% to EUR 130 million compared to the first quarter of the previous year. Despite also increasing costs, we were able to close the quarter with a positive EBIT. For the rest of the financial year, we will continue to focus on the acquisition of new business on the one hand and on cost management on the other”, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 126.8 130.5 +2.9% EBIT 6.6 0.5 -92.1%    EBIT margin 5.2% 0.4% -4.8pp Result for the period attributable to equity holders 3.2 -1.3 n.a. Earnings per share (EUR) 0.24 -0.10 € -0.34 Vienna, August 17, 2022 – Kapsch TrafficCom managed to increase revenues by 3% to EUR 130 million compared to the previous year. Higher operating costs, partly due to inflation, led to a decrease in the operating result (EBIT) to EUR 1 million (previous year: EUR 7 million). A favorable development of exchange rates, above all of the US dollar against the euro, led to an almost balanced financial result (previous year: EUR -2 million). As the result before taxes reached a black zero, hardly any income taxes were incurred. Nevertheless, they resulted in Kapsch TrafficCom reporting a red zero as the result for the period in the first quarter 2022/23 (previous year: EUR 3 million). The result for the period attributable to equity holders amounted to EUR -1 million (previous year: EUR 3 million), which corresponds to earnings per share of EUR -0.10 (previous year: EUR 0.24). It is a recurring seasonal trend that in the first quarter of the financial year the change in working capital leads to a negative free cash flow. In the first quarter of 2022/23, it amounted to EUR ‑22 million (previous year: EUR ‑11 million). As a consequence, net debt increased to EUR 184 million (March 31, 2022: EUR 158 million) and the equity ratio decreased to 14%. Total assets amounted to EUR 497 million as of June 30, 2022 (March 31, 2022: EUR 512 million). Segment results for the first quarters of 2022/23 73% of revenues were generated by the tolling segment and 27% by the traffic management segment. The Europe-Middle East-Africa (EMEA) region accounted for 48% of revenues, the Americas region (North, Central and South America) for 46% and the Asia-Pacific (APAC) region for 6%. Tolling segment Revenues increased by 7% to EUR 96 million, driven by higher revenues in the implementation and components businesses. The operations business declined slightly. The Americas region made the largest contribution to revenues with 48%. EMEA generated 46% of tolling revenues and APAC around 6%.  Tolling segment. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 89.6 95.9 +7.0% EBIT 3.1 -1.6 n.a.    EBIT margin 3.5% -1.7% -5.2pp EBIT was EUR -2 million (previous year: EUR 3 million) and the EBIT margin was -2% (previous year: 4%). Segment Traffic Management Revenues decreased by 7% to EUR 35 million, mainly due to a decline in the implementation business. The largest contribution to revenues was made by the EMEA region with 54%. Americas generated 42% of traffic management revenues and APAC 4%. Traffic Management segment. Unless otherwise stated, all values in EUR million Q1 2021/22 Q1 2022/23 +/- Revenues 37.2 34.6 -6.9% EBIT 3.4 2.2 -36.9%    EBIT margin 9.3% 6.3% -3.0pp EBIT was positive at EUR 2 million (previous year: EUR 3 million) and the EBIT margin was 6% (previous year: 9%).   The “Highlight Report” on the first quarter of 2022/23 as well as additional earnings materials are scheduled to be available today, from 7:35 a.m. (CEST), at: www.kapsch.net/en/ktc/IR

Melbourne, August 11, 2022   – Kapsch TrafficCom is proud to be part of the team working on the Cooperative Intelligent Transport Systems upgrade of Queensland's Bruce Highway, jointly funded by the Australian and Queensland governments. The Cooperative and Automated Vehicle Initiative (CAVI), delivered by Queensland's Department of Transport and Main Roads (DTMR), piloted the system within the Ipswich Connected Vehicle Pilot between September 2021 to 2022. The Ipswich pilot validated the crash reduction benefits for the use cases tested. The Ipswich pilot systems consisted of 29 signalised intersections using Roadside Intelligent Transport Systems Stations (R-ITS-S) and a central facility to test six safety use cases. "This project gives regional road users the chance to explore the C-ITS service along the highway before it becomes commercially available in vehicles, which we are expecting on Australian roads in 2024-25," Minister for Transport and Main Roads of Queensland, Hon Mark Bailey said. "My department is focused on unlocking the crash reduction benefits of C-ITS. This system is expected to reduce crashes by 20%, contributing towards the Queensland Government's vision of zero road deaths and serious injuries, and save around $2   billion over the next 30   years.” Since the Ipswich pilot's conclusion, Kapsch TrafficCom has supplied and remotely commissioned an additional 37 Kapsch TrafficCom road-side units (RSUs) along the Bruce Highway. Covering over 1,500 kilometres along the northeast coast of Australia, between Brisbane and Cairns. The road-side units that Kapsch TrafficCom supplies for the project are located at traffic lights where the Bruce Highway passes through townships. The RSUs broadcast signal status and timing to connected road users, providing them with crucial warnings of red lights and pedestrian presence at crossings. "As traffic volumes increase, connected vehicle technology will play a major role in improving safety and efficiency of the transport network. Bruce Highway is one of the major traffic arteries in Queensland and Kapsch TrafficCom's C-ITS technology gives regional road users the chance to experience the benefits of this technology as it starts to become more commonly available in vehicles” , comments Matthew McLeish, EVP for the APAC region at Kapsch TrafficCom. “The project implementation and pilot execution have created a blueprint for C-ITS projects in Australia and internationally” , Matthew continues. “The collaborative approach between Kapsch TrafficCom and DTMR was essential to delivering a quality solution.” The Bruce Highway C-ITS extension builds on the Ipswich pilot which focused on trialing the core system functionality and developing capability for operators to operate, maintain, and monitor the hardware. The findings of the trial were positive, with a majority of users saying they would continue using the equipment. If you want to find out more about the Bruce Highway C-ITS project and other ongoing projects, come by booth 8 at this year’s ITS Australia Summit 2022 in Brisbane (16-18 August)!

Vienna/Sharjah, August 4, 2022 – Sharjah, the capital city of the Emirate of Sharjah, is actively developing the next level of intelligent traffic management capabilities together with Kapsch TrafficCom. The 1.5   million city Sharjah is the third-most populous city in the United Arab Emirates (UAE). The new, centralized control system will help with providing improved traffic flow and shorter travel times to drivers across the majority of the city and increase the safety of citizens. Additionally, a state-of-the-art traffic control center will enable the city with the ability to manage traffic in a comprehensive and coordinated way directly across 48 key junctions all over the city. The system will also further strengthen the city’s position as a “healthy city”, as improved traffic flow also means fewer emissions and higher quality of living for city residents, while also cutting down fuel costs for commuters. “ We at Kapsch TrafficCom are delighted to support Sharjah City in a project of this magnitude and are thankful for the excellent cooperation with the team in the traffic engineering department of SRTA. The technology will optimize the city's traffic for the benefit of residents’ quality of life, resulting in less time in the car throughout their journey,” says Fakhar Munir, Country Manager UAE at Kapsch TrafficCom. “It also helps in reducing the carbon emission of the city, which supports His Highness Sultan Bin   Mohammed Al   Qasimi, the ruler of the Emirate of Sharjah’s commitment towards cutting down carbon emissions. This project reinforces Sharjah’s position as one of the leading cities in the UAE when it comes to traffic management.” Over a period of 12 months, which started in May 2022, Kapsch TrafficCom will supply and install 48 controllers, cameras and its EcoTrafiX™ software, integrate the system and design a traffic control center for city authorities. Beyond the initial 12 months, the company is also tasked with maintaining the system for three additional years. The system functions as follows: The EcoTrafiX™ Expert software that is installed at the central control center receives the traffic data collected by the video cameras and traffic controllers, and through calculations identifies the optimal cycle and split for each intersection based on traffic volume, stop duration, and more. This information is then sent back to the traffic controller which adapts traffic light cycles and other variables to optimize the flow of traffic and ultimately reduce travel time, average required stops and also emissions.

Lima, July 20, 2022 – Miraflores is the first city to launch a comprehensive Smart City project in Peru. The objective: Improve the quality of life for citizens by strengthening security as well as efficient traffic management and making the district more sustainable. To this end, a modular growth platform will integrate various information such as on mobility, security, tourism and the environment using open protocols and analytics. Mobility solution provided by Kapsch T he mobility and safety verticals of the project rely on advanced technology developed by Kapsch TrafficCom and Cibernos. The two companies make up the consortium chosen by Miraflores to provide the mobility and safety management systems. These will be integrated into the city's Smart City platform. For mobility management, Kapsch will implement its Ecotrafix™ solution, a state-of-the-art integrated mobility management software. The technology has already been implemented in cities such as Buenos Aires, Madrid, Belo Horizonte, Panama City, among several others around the world. State-of-the-art traffic management increases safety Mobility in the city will be improved by intelligent traffic signalization with EcoTrafiX Controller™ which is highly robust and efficient and has the most advanced functionalities in terms of traffic management. In addition, intelligent horizontal signaling for crosswalks will be implemented, with traffic lights that replicate the on-road signaling by illuminating the floor at the crossings to increase pedestrian safety. The project also includes the installation of more than 300 cameras with various functions such as license plate recognition, facial recognition, traffic analytics and photo fines, the latter managed by the powerful EcoTrafix Enforce™ module. The new cameras will generate an electronic perimeter for access control and road safety. Integrated into the EcoTrafix™ platform, they will be able to generate data on traffic flow, vehicle fleet and service level status on the municipality's roads, in addition to enabling easy recognition of pedestrians to enhance citizen safety, traffic and pedestrian traceability. Thus, district managers will have access to the necessary information for an intelligent and proactive management of mobility. “Smart Cities are the future” "This project will bring direct benefits to the citizens and we are very proud to make a contribution to it with our technology,” says Carlos Wiedmaier, Vice President Solution Consulting for Latin America at Kapsch TrafficCom. “We are certain that Smart Cities are the future. We hope that more Latin American cities will be inspired and start investing in technology for smarter mobility management.”

Vienna/Gothenburg, July 14 2022 – The Swedish Transport Administration (Trafikverket) has assigned Kapsch TrafficCom to build a new Multi-Lane Free-Flow system (MLFF) in Gothenburg, Sweden. The contract was signed on July,   5 2022. The MLFF scheme covers a complex city area passed through by approximately 150 million vehicles each year. In terms of tolling stations and charging points, the Swedish project ranks among the biggest urban congestion charging projects in the world. “We are proud to have won this large-scale contract and look forward to implementing a reliable and high-performing system in Gothenburg. Our system will capture vehicle data in a quality which is the best-in-class within the tolling industry. We will provide the best possible information to enable the authority to make the correct taxation decisions of the vehicles using the infrastructure," says Mikael Hejel, responsible Area Sales Manager for the Nordic countries. In the city of Gothenburg, the existing system supplied by two different providers is reaching its end of life. Therefore the 42 existing tolling stations consisting of 85 charging and checkpoints will be fully replaced, covering a total of 138 lanes. The new Multi-Lane Free-Flow System allows vehicles to be identified automatically at the free-flow tolling stations, under any traffic and climatic conditions. The information captured is transmitted to the back-office of the Swedish Transport Agency (Transportstyrelsen) for processing and invoicing taxation decisions to the vehicle owners. The scheme generates approximately 90 million Euros in tax revenue per year. The contract covers both the replacement of all existing charging points and checkpoints by the new MLFF system provided by Kapsch TrafficCom, as well as the technical operation 24/7/365 for 10 years. The contract also includes options of extension of the technical operation and options for supply of additional charging points and checkpoints.

Headlines “I am pleased that we have managed the operative turnaround. In a challenging environment, both segments grew and we grew in all regions. In the new financial year, we want to further improve profitability”, says Georg Kapsch, CEO of Kapsch TrafficCom. (Unless otherwise stated, all values in EUR million) 2020/21 2021/22 +/- Revenues 505.2 519.8 +2.9% EBIT -123.2 11.0 n.a.    EBIT margin -24.4% 2.1% +26.5pp Result for the period attributable to equity holders -102.9 -9.3 +91% Earnings per share (EUR) -7.91 -0.72 € +7.19 Vienna, June   15, 2022  – The financial year 2021/22 has essentially delivered what Kapsch TrafficCom had predicted in the outlook of the consolidated financial statements of the previous financial year: Revenues showed slight growth and EBIT was positive again. After a difficult phase, Kapsch TrafficCom succeeded in achieving a visible turnaround as from the first quarter. This was accomplished despite a restrained revenue development, which was primarily due to two reasons. On the one hand, the main focus in North America continued to be on stabilizing the organization following extensive restructuring measures. Secondly, the Group continued to feel the effects of the COVID-19 pandemic. As of February 24, 2022, the attention of the world public was focused on the fighting in Ukraine. Kapsch TrafficCom has no customers in this country. As a result of the sanctions imposed by the European Union against Russia, Kapsch TrafficCom did not accept any new orders from this country. Revenues in Russia have always been below 1% of Group revenues in recent years. The sanctions against Belarus affected Kapsch TrafficCom only to a minor extent. In this environment, Kapsch TrafficCom succeeded in increasing revenues to EUR 520 million (+3%) in financial year 2021/22. The tolling and traffic management segments grew by 3% and 2%, respectively. Positive growth rates were also recorded across the board from a regional perspective: Revenues in the Europe, Middle East, Africa (“EMEA”) region increased by 2%, those in North, Central and South America (“Americas”) by 3% and revenues in Asia Pacific (“APAC”)  by 11%. The result from operating activities (EBIT) was positive at EUR 11 million (previous year: EUR -123 million). The turnaround was achieved, although special effects in the amount of EUR -32 million (previous year: EUR -132 million) burdened EBIT. The financial result amounted to EUR -5 million (previous year: EUR -10 million). Tax expenses amounted to EUR 12 million (previous year: tax income of EUR 28 million). The reason for the relatively high tax expense is that individual Group companies were not able to claim their negative results for the period as deferred tax assets (from loss carryforwards). The result for the period attributable to shareholders amounted to EUR -9 million (previous year: EUR -103 million), which corresponds to earnings per share of EUR -0.72 (previous year: EUR -7.91). Free cash flow amounted to EUR 17 million in in financial year 2021/22 (previous year: EUR 4 million). Therefore, net debt decreased to EUR 158 million since the last balance sheet date (March 31, 2021: EUR 170 million). The gearing remained constant at 203%. Total assets amounted to EUR 512 million as of March 31, 2022 (March 31, 2021: EUR 593 million). The equity ratio increased from 14% to 15%. Segment results for financial year 2021/22 71% of revenues were generated by the tolling segment and 29% by the traffic management segment. 54% of Group revenues were generated in the Europe-Middle East-Africa (EMEA) region, 41% in the Americas region (North, Central and South America) and 5% the Asia-Pacific (APAC) region.   Tolling segment Revenues increased by 3% to EUR 370 million. Declines in the implementation business of 11% were offset by 9% higher operations revenues and 7% higher component revenues. The largest contribution to revenues was made by the EMEA region with EUR 192 million. In the Americas region, revenues increased by 7% to EUR 158 million. In the APAC region, revenues remained at around EUR 20 million. Segment Tolling. (Unless otherwise stated, all values in EUR million) 2020/21 2021/22 +/- Revenues 358.2 369.9 +3.2% EBIT -117.2 3.3 n.a.    EBIT margin -32.7% 0.9% +33.6pp EBIT was positive at EUR 3 million (previous year: EUR -117 million). The EBIT margin was 1% (previous year: -33%).   Segment Traffic Management Revenues increased by 2% to EUR 150 million, driven in particular by the operations business, which grew by 11%. The largest contribution to revenues was made by the EMEA region with EUR 90 million, which corresponds to a year-on-year increase of 4%. In the Americas region, revenues declined by 5% to EUR 54 million. In the APAC region, sales increased by EUR 3 million to EUR 6 million. Segment Traffic Management. (Unless otherwise stated, all values in EUR million) 2020/21 2021/22 +/- Revenues 147.0 149.9 +2.0% EBIT -6.0 7.7 n.a.    EBIT margin -4.1% 5.1% +9.2pp EBIT was positive at EUR 8 million (previous year: EUR -6 million). The EBIT margin reached 5% (previous year: -4%). Outlook Management expects a clear improvement in profitability at a stable revenue level for the financial year 2022/23. In order to achieve these goals, the focus will remain on new business acquisition and cost discipline.   The report on financial year 2021/22 as well as further material on the results will be available today, probably from 7:35 a.m. (CEST), at: www.kapsch.net/en/ktc/IR

In a bid to control traffic congestion and minimise associated air pollution, London Mayor Sadiq Khan has announced plans to expand Ultra Low Emissions Zone

On June 6th, the Kapsch TrafficCom manufacturing facility in Mississauga, celebrated its 100th million transponder unit rolling off production lines.

Munich, 18 May 2022 – Climate change is one of the crucial challenges of our time and also on top of the agenda at World Economic Forum 2022. Causing 20% of global emissions mobility is a crucial lever to master the climate crisis. With this open letter, the global leaders in intelligent traffic systems call the world‘s economic leaders to acknowledge mobility as a crucial driver for climate change and put the development and implementation of solutions to reduce traffic emissions on top of the agenda.