Press

17:33 CET Kapsch TrafficCom is supplier to Plenary Infrastructure Belle Chasse LLC, a consortium just awarded by the Louisiana Department of Transport and Development with the Belle Chasse Bridge & Tunnel Replacement Public-Private Partnership Project. Kapsch TrafficCom will provide the consortium with tolling technology and operate and maintain the toll system. Implementation activities are scheduled to commence in 2023 followed by 30 years of technical and commercial operations. The project volume for Kapsch TrafficCom is estimated to be more than 100M USD over the 30 year term. The overall project entails the building of a four-lane bridge to replace the current traffic infrastructure (a bridge and a tunnel). The newly constructed bridge includes a modern all-electronic tolling technology (which does not require toll booths), as part of the first Private, Public, Partnership (P3) project in the state. The awarded consortium will recoup its investment through tolls paid by motorists using the new bridge. The project is scheduled to start in January 2020 and has a total term of approximately 34 years, just over 4 years to build the bridge and 30 years of operations and maintenance.

Kapsch TrafficCom realisiert in der Stadt Castellón ein intelligentes System im öffentlichen Verkehr, das die Mobilität vor Ort effizienter gestalten wird.

Munich/Vienna, 19 December 2019  – autoTicket GmbH is the project company for the implementation of infrastructure levies contemplated by the Federal Republic of Germany (tolling system for passenger vehicles – so-called “Pkw-Maut”). It is a 50/50 joint venture of Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA as shareholders. Following the unilateral termination of the operating agreement regarding the infrastructure levies with effect as of 30 September 2019 by the German Federal Ministry of Transport and Digital Infrastructure, autoTicket GmbH and its two shareholders decided today that the contractually agreed payment claims against the Federal Republic of Germany amount to a total of approx. EUR 560 millions and to assert claims in this amount in several steps now. autoTicket GmbH and its shareholders Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA are convinced that autoTicket GmbH has a compensation claim due to the present early termination of the agreement by the Federal Republic of Germany, equal to the loss of profits over the term of the agreement. In addition the operating agreement provides for a compensation of the costs arising from the termination of the agreement which includes compensation claims of subcontractors. Such subcontractors include – to varying degrees – Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA as well as some of their affiliated companies. The operating agreement provides for an efficient procedure for dispute resolution: First an independent auditor shall validate the amount of the asserted loss of profits. Thereafter, settlement negotiations with the Federal Republic of Germany are contemplated. In the event of failure of this procedure, the claim will be finally decided in arbitration.

Kapsch TrafficCom (Kapsch) wird auf der diesjährigen Gulf Traffic in Dubai die neuesten integrierten Mobilitätslösungen in realistischen Szenarien vorstellen.

We were able to continue positive revenue development: Revenues rose by 7.0% to EUR 359.2 million relative to the comparable period in the previous year.

Kapsch TrafficCom has been informed to be best bidder for a tolling project in the EMEA region (Europe, Middle East, Africa). Following a final due diligence, the end of the objection period and subject to successful negotiations with the customer, the project could be awarded within the upcoming three weeks. The total project volume over its six year lifetime is expected to exceed EUR 400 million. Kapsch TrafficCom will announce more details as soon as the contract is secured.

Kapsch TrafficCom mit dem Design und der Errichtung eines bundesstaatsweiten Advanced Traffic Management System (ATMS) beauftragt.

Vom 21. bis zum 25. Oktober stellen Experten von Kapsch am Messestand 359 ihre neuesten innovativen Mobilitätslösungen vor.

Vienna, October 14, 2019  – Based on preliminary data, Kapsch TrafficCom announces that in the first half of the fiscal year 2019/20, the result from operating activities (EBIT) is expected to reach approximately EUR 8 million. Adjusted for non-recurring effects, in particular relating to the termination of toll projects in Germany, the EBIT would have amounted to EUR 14 million (same period of the previous year: EUR 17.8 million). Revenues are expected to reach EUR 358 million. This would be higher than the revenues in the same period of the previous year (EUR 335.8 million). Based on the preliminary half-year results, Kapsch TrafficCom adapts the outlook for the fiscal year 2019/20. Currently, the company expects the EBIT (excluding non-recurring effects) to reach about EUR 35 million (variation: +/-10%). Previously, the company assumed that the EBIT of the fiscal year 2019/20 (excluding non-recurring effects) would increase by at least 5%. The sales outlook, however, is confirmed. The annual revenues are expected to go up by at least 5%. The final results for the first half of fiscal year 2019/20 will be published on November 20, 2019.