Press

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 den Auftrag erhalten, die infrastrukturelle Einbindung der intelligenten vernetzten Fahrzeugumgebung in Ohio zu leiten.

In 2018, MTS Maut & Telematik Services GmbH, a 100% subsidiary of Kapsch TrafficCom AG, was awarded the contract for planning, development, implementation, operation and maintenance of the automated ISA enforcement system (automatic enforcement) of the German infrastructure charge (passenger vehicle toll). Furthermore, a consortium consisting of Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA was commissioned with the collection of the German passenger vehicle toll. Today, Kapsch TrafficCom was informed by the customer about the termination of both contracts with effect of 30 September 2019. Currently, the termination and its consequences are being evaluated. The contracts contain protective provisions that guard against pecuniary damages for the operating company and its shareholders. This also applies in the event that the infrastructure charge is not introduced.

In today’s judgement, the Court of Justice of the European Union found that the infrastructure use charge, in combination with the relief from motor vehicle tax in Germany, constitutes indirect discrimination on grounds of nationality and is in breach of the principles of the free movement of goods and of the freedom to provide services. On December 30, 2018, the German Federal Ministry of Transport and Digital Infrastructure as the responsible contracting authority commissioned a consortium consisting of Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA with the collection of the German infrastructure use charge (passenger vehicle toll). We and our partner CTS EVENTIM have been working together since the end of last year to ensure that the infrastructure charge can begin on schedule. We have already made good progress in setting up the operating company in recent months. Today’s judgement of the Court of Justice of the European Union is currently being evaluated. Currently it is unclear whether the infrastructure use charge will be implemented by the Federal Republic of Germany in an amended form or not. In coordination with our customer and our project partner we are evaluating the implications of the judgment on our cooperation. The contracts contain protective provisions that guard against pecuniary damages for the operating company and its shareholders. This also applies in the event that the infrastructure charge is not introduced.” 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 alike 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 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 currently has more than 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

Kapsch TrafficCom has published its final earnings for the fiscal year 2018/19, which hardly deviate from the preliminary revenues and operating result (EBIT).

Kapsch TrafficCom verstärkt ihr Mautmanagement in Europa und stattet die hochmoderne griechische Autobahn Olympia Odos mit 30 Hybrid-Rabattstationen aus.

The city of Valladolid (Spain) has taken the first steps towards becoming a smart city via an integrated traffic control system.

According to Kapsch TrafficCom’s latest outlook for the fiscal year 2018/19, EBIT was expected to reach previous year’s level and revenues were expected to increase. In the meantime, unaudited results are available. Based on these results, the management expects an EBIT of about EUR 57 million (i.e. about 14% above previous year’s EUR 50.1 million). Revenues are expected to reach about EUR 738 million (previous year: EUR 693.3 million). Kapsch TrafficCom will announce the final results for the fiscal year 2018/19 on June 18, 2019.

Kapsch TrafficCom hat von der Stadtverwaltung der Stadt Avilés den Auftrag zur Modernisierung des lokalen Verkehrsleitsystems erhalten.