Do you want to switch the language?

Kapsch
Press & Mediacenter

Press Contacts
Carolin Treichl

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

+43 50 811 1710carolin.treichl@kapsch.net
Ingrid Riegler

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

+43 50 811 1724ingrid.riegler@kapsch.net
6. October 2021
Reducing emissions and avoiding congestion: Kapsch TrafficCom presents innovative solutions and Smart Urban Mobility at the ITS World Congress 2021

Hamburg/Vienna, October 6, 2021 – In terms of sustainable mobility in cities, avoiding congestion is a key issue. Intelligent traffic management enables quick, effective solutions and positive effects on the environment and quality of life. From October 11 to 15, experts from Kapsch will be presenting their mobility solutions for digital traffic control and intelligent networking of vehicles and roads at booth 5405 (Messe Hamburg). The negative economic and ecological effects of congested road networks are undisputed. For example, a quarter of all greenhouse gas emissions in Europe are attributable to traffic. The fact that this is also causing resentment among those affected was recently made clear by the Kapsch TrafficCom Index-2021: 70% of German and 74% of Austrian respondents no longer consider road traffic emissions to be acceptable. Intelligent traffic management enables traffic authorities to record and respond to traffic conditions in real time. While conventional solutions are time-delayed and inaccurate, a proactive solution takes into account current traffic conditions and combines measures such as dynamic pricing, intelligent vehicle routing and signal optimization to manage demand from private motorized transport. “Traffic congestion and its associated emissions create a public health crisis and cause millions of dollars in lost productivity. That's why we are driving innovation and technology in key areas such as Connected Driving, Smart Roads and Smart Mobility Pricing. All these elements need to work together if we want to achieve sustainable change”, says Gerd Gröbminger, Vice President Sales CENECA at Kapsch TrafficCom. A first convenience function that can be implemented quickly is the Green Wave Assistant. Traffic signal timing data is processed directly for drivers with a smartphone app or integrated into the vehicle navigation system so that they can keep up with the green phases of the traffic signals and drive more smoothly as well as save energy. Another important tool for combating traffic congestion as part of an intelligent traffic management strategy is the optimization of signaling. This involves adjusting traffic signal timing so that traffic does not back up at intersections. This optimization of signaling can reduce congestion by up to 25%. In addition, intelligent traffic management also includes data exchange with navigation providers. By using deep learning algorithms, it is not only possible to determine the optimal routing scenario for traffic, but also to balance traffic according to local needs on all available routes. In this way, navigation providers can combat congestion and reduce travel times for individual drivers. You can get more detailed insights into these and other Kapsch TrafficCom technologies at booth 5405 at Messe Hamburg, as well as during a panel discussion on 13.10. in room 2 of exhibition building B4, where Kapsch expert Balazs Barnucz will talk about the possibilities of AI for traffic analysis. If you want to learn more, you are welcome to arrange a personal meeting. For this purpose please contact Elisabeth Güner (+43 664 628 1727, Elisabeth.Guener@kapsch.net ).

Read the full article
4. October 2021
Dan Toohey appointed Senior Vice President, Sales & Business Development of Kapsch TrafficCom North America

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion. Kapsch has brought projects to fruition in more than 50 countries around the globe. With one-stop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems. As part of the Kapsch Group and headquartered in Vienna, Kapsch TrafficCom has subsidiaries and branches in more than 25 countries. It has been listed in the Prime Market segment of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). In its 2020/21 financial year, around 4,660 employees generated revenues of about EUR 500 million.

Read the full article
21. September 2021
Ruta Uno tolls in Costa Rica will have Kapsch TrafficCom’s technology.

Works on the route will impact more than thirty nearby cities San Jose/Santiago, September 21, 2021 – In a consortium with ETC Peajes Electrónicos S.A., a partner with local presence in Costa Rica, Kapsch TrafficCom has just been chosen by the Fideicomiso Ruta Uno to provide toll collection services with TAG devices for the toll stations in Río Segundo and Naranjo de Alajuela. There are currently two operational toll plazas on the route, in which Kapsch will implement its SmartTOLL solution. The improvements at the Río Segundo and Naranjo toll stations complement the works to be carried out along this 55 km route, which will impact more than thirty cities nearby. The route connects three provinces in the country's central plateau and crosses the international airport. Together with Route 27, it connects the port of Caldera to the Pacific zone, which is popular with tourists throughout the year. The main plaza located in the Rio Segundo sector of Alajuela is just a few kilometers from the international airport. The scope of the project foresees the implementation of 7 mixed lanes, which will allow electronic or manual toll collection, with 4 lanes at the Rio Segundo toll plaza and 3 lanes in Naranjo. The electronic toll collection service will be provided for an initial 12 months, and may be extended for an additional 12 months. “With the success of our toll solutions in many Latin American countries, we at Kapsch are pleased with the opportunity to bring our technology to Costa Rica and be part of such an important project", says Juan Zamakona, Kapsch's Vice President for Mexico, Central America and the Caribbean. Technological solution for TAG toll collection. Kapsch will support the current operation of the toll stations through its SmartToll technological solution for the manual classification by vehicle type and the continuous recording of all transactions. The solution brings an interoperability functionality that will allow integration with the Quick Pass intermediation and electronic collection system operated by ETC in the "stop and go" mode. This will ensure that users who currently use the electronic toll payment system at other tolls will also be able to use this service at Ruta Uno , improving road fluidity and the user experience on this road.

Read the full article
15. September 2021
Safety21 acquires Kapsch TrafficCom Italia, reaffirming its leading role as an enabler of Smart City and Smart Road solutions for local councils.

Milan, September15, 2021 – Safety21 S.p.A. , an Italian company and leader in the road safety market, owned by the CEO founder Gianluca Longo and a host of institutional investors, is announcing the completion of its acquisition of 100% of the share capital of Kapsch TrafficCom S.r.l., the Italian branch of Kapsch TrafficCom AG, an Austrian company listed on the Vienna stock exchange, a globally recognized provider of technological solutions for mobility. Now celebrating its 10th year, Safety21's initial internal growth phase has seen the success of its proprietary cloud platform IoT TITAN ® , as well as innovative infrastructure proposition models for municipalities through public-private partnerships . With this transaction, the company further strengthens its series of acquisitions at the national and international level, intended to incorporate core links in the chain of services offered by the Group to the public bodies in the smart mobility market. Kapsch TrafficCom Italia has been a leader since 2008 in the manufacturing, sale and maintenance of IoT for traffic offense detection, with a particular focus on access control within Limited Traffic Zones (LTZ). The transaction now represents an additional step in Safety21's expansion, broadening the range of cutting-edge IoT technological solutions and scalable and innovative outsourcing services offered to public bodies and police forces. Kapsch TrafficCom Italia, now Motus21, currently operates throughout the country with 416 LTZ gates in over 60 Italian cities, including many large metropolitan centres. The transaction will allow Safety21 Group to serve over 300 public bodies, with an installed base of over 700 active and operational enforcement IoTs throughout Italy. Gianluca Longo, CEO of Safety21 : "The acquisition of Kapsch TrafficCom Italia, which has become Motus21, represents a natural path of expansion for Safety21 in the smart mobility world. Motus21 will allow us to play an increasingly prominent role for local councils, offering IoT solutions for law enforcement and monitoring in the local area, with a view to improving traffic flows and eco-sustainability as envisaged by the National Recovery and Resilience Plan. The acquisition of Kapsch TrafficCom Italia is a highly significant first step in our partnership with Kapsch TrafficCom AG, an internationally renowned player in the sector." Georg Kapsch, CEO of Kapsch TrafficCom AG , complements: “Kapsch TrafficCom has resolved to concentrate its strategic focus on four core areas in the future. This focus has led us to sell Kapsch TrafficCom Italia. We are handing over our branch to a successful Italian company, which will manage it adeptly and we are convinced that it will fit perfectly with Safety21’s operations. In future we will cooperate with Safety21 to jointly seize opportunities in Italian cities and abroad.” Safety21 was supported in the transaction by the advisor Itom Invest while the legal aspects were handled by Grimaldi for Kapsch and Orrick for the buyer. The banks involved, a pool made up of Banco BPM and MPS, were followed by Legance .

Read the full article
8. September 2021
Summary of the resolutions of the Annual General Meeting.

Today’s Annual General Meeting of Kapsch TrafficCom AG passed the following resolutions: No dividend will be paid out for the 2020/21 financial year; the entire net retained profits will be carried forward to new account. Discharge of liability of the members of the Executive Board and the members of the Supervisory Board in office in financial year 2020/21. PwC Wirtschaftsprüfung GmbH, Vienna, appointed as auditor and Group auditor for financial year 2021/22. Remuneration Report 2020/21 approved. Election of Sonja Hammerschmid to the Supervisory Board. She follows Kari Kapsch who has resigned. Authorization to increase the share capital by up to 10%. Further information on the AGM is here:

Read the full article
11. August 2021
Kapsch TrafficCom – Results for the first quarter 2021/22.

Headlines. Return to profitability with lower revenues. Cost reduction and restructuring measures show an effect. Internally financed repayment of financing tranches led to a balance sheet reduction. Delays in tenders do not permit more precise information to be reported on the degree of profitability in H2 2021/22. „Following a difficult phase, we have managed to ring in a visible turnaround. Looking back on the last two years, I am convinced that the main restructuring measures are already behind us and that we will finish the 2021/22 financial year with a profit again“, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1 2020/21 Q1 2021/22 +/- Revenues 138.5 126.8 -8.4% EBIT -11.3 6.6 > 100%    EBIT margin -8.2% 5.2% 13.4%p Result for the period attributable to equity holders -10.0 3.2 > 100% Earnings per share (EUR) -0.77 0.24 > 100% Vienna, August 11, 2021 – Even though revenues of EUR 127 million were relatively low, we were able to conclude the first quarter with a profit. Operating result (earnings before interest and taxes, EBIT) achieved EUR 7 million (previous year: EUR ‑11 million), while the earnings attributable to the shareholders were EUR 3 million (previous year: EUR ‑10 million). This corresponds to earnings per share of EUR 0.24 (previous year: EUR ‑0.77). The financial result was EUR -2 million (Previous year: EUR -1 million). More than half of this was the result of unrealized foreign exchange losses. As arranged, partial repayments of the promissory note bond and a bank loan in the total amount of EUR 49 million were made in June. Since the company had managed to increase the cash reserves in the months prior, these repayments were made using own funds. This effect of this asset/liability exchange was to reduce the balance sheet. On June 30, 2021, the balance sheet total was EUR 552 million (March 31, 2021: EUR 593 million). The positive quarterly result and the lower balance sheet total made the equity ratio increase to 16% (March 31, 2021: 14%). The reduction in trade payables was the main reason for the negative free cash flow of EUR -11 million in the first quarter (previous year: EUR -27 million). Consequently, the net debt went up to EUR 181 million (March 31, 2021: EUR 170 million). As of June 30, Kapsch TrafficCom employed 4,538 people (March 31, 2021: 4,657). Segment results. In Q1 2021/22, the Tolling segment contributed 71% to the total revenues, and the Traffic Management segment 29%. 56% of revenues were generated in the Europe, Middle East, and Africa (EMEA) region, 40% in the Americas region (North, Central, and South America), and 5% in the Asia-Pacific region. Tolling segment. Unless otherwise stated, all values in EUR million Q1 2020/21 Q1 2021/22 +/- Revenues 106.0 89.6 -15.4% EBIT -8.9 3.1 > 100%    EBIT margin -8.4% 3.5% 11.9%p In Q1 2021/22, revenues in the Tolling segment amounted to EUR 90 million (-15%). EBIT reached EUR 3 million (previous year: EUR ‑9 million). EBIT margin was at 4% (previous year: -8%). Kapsch TrafficCom sold 2.0 million on-board units in the first quarter 2021/22 (previous year: 2.9 million). Traffic Management segment. Unless otherwise stated, all values in EUR million Q1 2020/21 Q1 2021/22 +/- Revenues 32.5 37.2 14.4% EBIT -2.5 3.4 > 100%    EBIT margin -7.6% 9.2% 16.8%p In Q1 2021/22, revenues in the Traffic Management segment amounted to EUR 37 million (+14%). EBIT was at EUR 3 million and thus better than the figure of the previous year (EUR ‑2 million). The highlights report of the first quarter 2020/21 as well as further materials will be available at www.kapsch.net/en/ktc/IR from today, not before 7:35 a.m. (CEST).

Read the full article
12. July 2021
Kapsch Group to restructure.

Family business prepares for generational change Vienna, July 12, 2021 – The global technology company Kapsch Group is set to restructure: Kapsch Group is being repositioned for the next generation of the entrepreneurial family. Kapsch Group can look back on a history of almost 130 years. Since its founding, Kapsch is always a family-run company – currently in its fourth generation. Its success is based primarily on the personal commitment of the entrepreneurial family, the resulting corporate culture and the fact that the Group has continuously developed and reinvented itself over all these years. With an eye on the next generation of the Kapsch family and to be able to ensure later a smooth transition to the next generation in due course, it is planned to restructure the Group. Kapsch Group will now focus on the companies Kapsch Aktiengesellschaft and Kapsch TrafficCom. Kapsch Group will be assigned to the sphere of influence of Elisabeth Kapsch and Georg Kapsch and will remain under the leadership of Georg Kapsch as CEO as before. The direct shareholdings of KAPSCH-Group Beteiligungs GmbH in Kapsch TrafficCom AG and the management thereof by Georg Kapsch will not change as a result. Kapsch BusinessCom will leave Kapsch Group together with Kari Kapsch. Kari Kapsch will remain chairman of the supervisory board of Kapsch BusinessCom and the management board will also remain unchanged with Franz Semmernegg and Jochen Borenich. It is planned that Invest Unternehmensbeteiligungs Aktiengesellschaft will join Kapsch BusinessCom as a new partner to support the further expansion of Kapsch BusinessCom. The reorganization of Kapsch Group has recently been initiated. As things progress, regulatory approvals will still be required and completion is expected in a few months. The restructuring process will have no impact on the employees and customers of Kapsch TrafficCom, Kapsch Aktiengesellschaft and Kapsch BusinessCom.

Read the full article
12. July 2021
Kapsch Group to restructure.

Family business prepares for generational change Vienna, July 12, 2021 – The global technology company Kapsch Group is set to restructure: Kapsch Group is being repositioned for the next generation of the entrepreneurial family. Kapsch Group can look back on a history of almost 130 years. Since its founding, Kapsch is always a family-run company – currently in its fourth generation. Its success is based primarily on the personal commitment of the entrepreneurial family, the resulting corporate culture and the fact that the Group has continuously developed and reinvented itself over all these years. With an eye on the next generation of the Kapsch family and to be able to ensure later a smooth transition to the next generation in due course, it is planned to restructure the Group. Kapsch Group will now focus on the companies Kapsch Aktiengesellschaft and Kapsch TrafficCom. Kapsch Group will be assigned to the sphere of influence of Elisabeth Kapsch and Georg Kapsch and will remain under the leadership of Georg Kapsch as CEO as before. The direct shareholdings of KAPSCH-Group Beteiligungs GmbH in Kapsch TrafficCom AG and the management thereof by Georg Kapsch will not change as a result. Kapsch BusinessCom will leave Kapsch Group together with Kari Kapsch. Kari Kapsch will remain chairman of the supervisory board of Kapsch BusinessCom and the management board will also remain unchanged with Franz Semmernegg and Jochen Borenich. It is planned that Invest Unternehmensbeteiligungs Aktiengesellschaft will join Kapsch BusinessCom as a new partner to support the further expansion of Kapsch BusinessCom. The reorganization of Kapsch Group has recently been initiated. As things progress, regulatory approvals will still be required and completion is expected in a few months. The restructuring process will have no impact on the employees and customers of Kapsch TrafficCom, Kapsch Aktiengesellschaft and Kapsch BusinessCom.

Read the full article
16. June 2021
Kapsch TrafficCom – Results for financial year 2020/21.

Highlights. The slightly more than 30% decline in revenues was evenly spread across all the regions EBIT of EUR -123 million The cost reduction and restructuring measures were effective: Despite a free cash flow of EUR -27 million in the first quarter, a positive value of EUR 4 million was achieved over the financial year No dividend (as in the previous year) for the financial year 2020/21 “2020/21 was a very difficult year, and not only due to the COVID-19 situation. We had to restructure the company to be sustainably profitable again in the future. After two negative years, the 2021/22 financial year should be a period of stabilization and solidification,” says Georg Kapsch, CEO of Kapsch TrafficCom.  (Unless otherwise stated, all values in EUR million) 2019/20 2020/21 +/- Revenues 731.2 505.2 -30.9% EBIT -39.2 -123.2 -214.4%    EBIT margin -5.4% -24.4% -19%p Result for the period attributable to equity holders -48.1 -102.9 -113.7% Earnings per share (EUR) -3.70 -7.91 -113.7% Vienna, June 16, 2021 – In financial year 2020/21, revenues of Kapsch TrafficCom decreased to EUR 505 million, which was 31% (EUR 226 million) lower than the previous year’s figure. The slightly more than 30% decline in revenues was evenly spread across all the regions. Consolidated revenues are broken down geographically as follows: EMEA region (Europe, Middle East, Africa): 55% Americas region (North America, Central America, South America): 41% APAC region (Asia-Pacific): 5% The operating result (EBIT) was negative at EUR 123.2 million (previous year: EUR -39.2 million). The following effects were the main drivers of this: Impairments of non-current assets as described (EUR -31 million). Adjustments of project margins and provisions for onerous contracts: for some projects, especially in North America, the project margins were adjusted and provisions for pending losses had to be set up. This had a negative impact of EUR 79 million on the EBIT. Impact of COVID-19: revenues from the profitable component segment suffered severely as a result of decreased transportation volume. Operating currency effects: the operating currency effects (net) were negative at EUR 8 million (previous year: EUR 0 million Cost provisions for lawsuits in the U.S. in the amount of EUR 8 million. Restructuring costs in the amount of EUR 5 million. The financial result amounted to EUR -10 million and was EUR 14 million better than in the previous year. Foreign currency losses fell by EUR 7 million to EUR -2.0 million. Previous year’s value included the write-down of a financial asset, which has been sold in the meantime. Income taxes amounted to EUR +28 million (previous year: EUR +8 million). The result for the period was very negative at EUR -105 million (previous year: EUR -56 million). A result for the period of EUR -103 million was attributable to the equity holders of the company. This corresponds to earnings per share of EUR -7.91 (previous year: EUR -3.70). Net debt reached EUR 170 million (March 31, 2020: EUR 176 million), which equates to a gearing of 200% (March 31, 2020: 96%). The net debt was similar to the previous year. Since equity fell significantly, however, the gearing increased substantially. The reduction of the net working capital to EUR 110 million (March 31, 2020: EUR 168 million) was the basis for the positive free cash flow of EUR 4 million.. The Executive Board, as already discussed, will not propose a dividend payout for the loss year of 2020/21 at the Ordinary Annual General Meeting 2021. A distribution also appears unlikely for the following financial year. Segment results. In financial year 2020/21, the Tolling segment contributed 71% to total revenues, the Traffic Management segment 29%.  Segment Tolling. (Unless otherwise stated, all values in EUR million) 2019/20 2020/21 +/- Revenues 563.5 358.2 -36.4% EBIT 1.5 -117.2 > -100%    EBIT margin 0.3% -32.7% -33%p The implementation business in particular suffered from the COVID-19 situation, collapsing by 54%. The components business lost approximately 35%, while the operating business “only” lost 20%. The operating result totaled EUR -117 million (previous year: EUR 1 million). The main reasons consisted of the margin adjustment and the creation of provisions for onerous contracts. Im financial year 2020/21, 9.9 million on-board units were sold, a decline of 3.3 million relative to the previous year.  Segment Traffic Management. (Unless otherwise stated, all values in EUR million) 2019/20 2020/21 +/- Revenues 167.7 147.0 -12.4% EBIT -40.7 -6.0 85.4%    EBIT margin -24.2% -4.1% 20.2%p In financial year 2020/21 revenues in the Traffic Management segment reached EUR 147 Mio. (-12%). While revenues in the EMEA region remained at the previous year’s level, they fell by 21% in the Americas region and by 57% in the APAC region. The EBIT in the financial year was EUR ‑6 million and therefore substantially better than in the previous year (EUR -41 million). Outlook. After two negative years with extensive restructuring, financial year 2021/22 should be a period of stabilization and solidification until a dynamic course of growth is pursued again. A decent growth in revenues should be assumed despite the ongoing low visibility in regards to new business. The implemented measures to reduce the cost basis should show success and make the EBIT positive again. In this context, follow-up effects and additional expenses in connection with the restructuring must be expected in particular in Q1 2021/22. For the full year, management expects an EBIT margin in the lower single-digit percentage range. The Executive Board, as already discussed, will not propose a dividend payout for the loss year of 2020/21 at the AGM 2021. A distribution also appears unlikely for the following financial year due to the planned investments in the context of the implementation of the Strategy 2027. In order to protect the company’s capital base against unanticipated developments, the Executive Board of the forthcoming AGM will propose that authorization for a capital increase be granted. This anticipatory resolution for a capital increase should make it possible to raise the share capital by up to 1.3 million shares, which equates to 10%. Various reports on the financial year 2020/21 as well as further materials will be available at www.kapsch.net/en/ktc/IR from today at 7:35 am (CEST).

Read the full article

Kapsch TrafficCom Headquarters