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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
Ingrid Riegler

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

+43 50 811
27. May 2021
Kapsch TrafficCom appoints new CFO Andreas Hämmerle

Vienna, May 27, 2021 – Andreas Hämmerle will join the Executive Board of Kapsch TrafficCom as Chief Financial Officer (CFO) with effect from July 1, 2021. He currently holds the position of Executive Vice President Finance at the company. Commenting on the appointment, Georg Kapsch, Chief Executive Officer of Kapsch TrafficCom says: “I would like to congratulate Andreas Hämmerle and welcome him as a new colleague in the Executive Board. He is an experienced executive leader who had an important role in navigating KTC through a transformation phase and who strongly contributed to achieving substantial improvements of our financial situation. I am confident that with his extensive experience and knowledge specifically in finance the company is well prepared for the future.“ Andreas Hämmerle: ”I feel honored and excited to take up my new role as Chief Financial Officer at Kapsch TrafficCom. I am looking forward to working together with a great team and I am confident that we will successfully write the next chapter of the company’s development.”   Hämmerle held various management and executive board positions before working for Kapsch TrafficCom. He has long-standing international experience in the branded products industry as well as the service and retail sectors. The main focus of his work has been on corporate development, change management, mergers & acquisition, restructuring, compliance and controlling in change situations. 

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27. April 2021
World Car Emissions Rise – Mobility Report 2021 by Kapsch TrafficCom.

Emissions rapidly surge back to pre-COVID-19 levels Vienna. April 27, 2021 – The transport industry is the fastest growing source of global emissions: Today, it generates around 28% of total emissions with 59% coming from passenger vehicles and light trucks. While many other sectors already reduce their emissions year after year – transport is going the other way threatening to undermine Paris Agreement targets. The Mobility Report 2021 by Kapsch TrafficCom illustrates the current transport challenges and shows how to deal with them. Although vehicle miles traveled (VMT) dramatically declined during the early days of the COVID-19 pandemic, it has rebounded to pre-pandemic levels. In addition, many people are less willing to use public transport than previously due to the infection risk – putting even greater demand on road networks and increasing VMT. As dependence on private vehicles continues to grow worldwide, no city or highways authority can be complacent about the growing emissions challenge. The average gas-powered car emits 8887g of CO 2 per gallon of gas and a total of 4.6 metric tons of CO 2 every year. Shortterm mobility solutions urgently needed. “Shortterm solutions are urgently needed to curb emissions from millions of vehicles on the world’s road networks,” says Alfredo Escriba, CTO of Kapsch TrafficCom. “Urban traffic and congestion management provide an immediate impact helping to reduce CO 2  emissions. Reducing stop-and-go-traffic by communicating traffic signal information to drivers alone has been shown to reduce fuel consumption and therefore emissions according to a recent study from Canada. More advanced methods, involving vehicle connectivity and AI-based data processing, can further reduce emissions caused by congestion and inefficient traffic.” Limited impact of traditional traffic management. For decades, authorities in many countries have been implementing intelligent transport systems – from signalling solutions to congestion charging schemes. However, legacy approaches tend to focus on stand-alone and siloed solutions that use only a small subset of the traffic data nowadays available. Traditional approaches therefore only can provide limited emissions and air quality benefits. New Traffic Management in Buenos Aires, Argentina. The City of Buenos Aires developed a strategic plan in 2017, shifting from reactive to proactive-collaborative Traffic Management. The new Integrated Mobility Management System (SGIM Sistema de Gestión Integral de la Movilidad) allows the city to manage data from multiple sources to generate and spread high-quality information. The SGIM software that was deployed in the center with Kapsch’s EcoTrafiX™ platform works as an umbrella platform that can interface and sit on top of the current structure for a more unified platform – including Google Maps and Waze information, Tolling Operators, and other third party systems. Today, Buenos Aires operates with a global supervision of city mobility: monitoring events and incidents and allow people to use a multi-modal transport system with efficient congestion management that is orchestrated by a state-of-the-art integrated control center.

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21. April 2021
JB Kendrick appointed President of Kapsch TrafficCom North America

McLean, VA (April 21, 2021) – Kapsch TrafficCom AG (Kapsch) has appointed JB Kendrick as President of its North America business unit as of April 19, 2021. Ms. Kendrick joined Kapsch in 2017 as Senior Vice President of Sales and Business Development, a role in which she was instrumental in growing the tolling, traffic management, and connected vehicle business for Kapsch TrafficCom North America. “It is my pleasure to announce JB Kendrick as the new President Kapsch TrafficCom North America,” says Georg Kapsch, Chief Executive Officer of Kapsch TrafficCom. "JB has a successful track record in growing business in North America. She is known for building strong client-centric teams through collaboration, effective internal and external communication, and advancing Kapsch employee engagement initiatives.” JB Kendrick succeeds Chris Murray, who is leaving Kapsch TrafficCom. In the last 10 years, he managed the successful transformation of the North America business into a leading provider of end-to-end tolling, traffic management and connected mobility systems. “I would like to thank Chris for all of his contributions to Kapsch. I wish him the very best.” JB Kendrick’s appointment will help to deliver sustainable business performance and to support a successful next chapter for our company.She has built a successful 25 year career delivering back office and payment processing solutions with leadership roles in multiple functional areas including sales, operations, business development, marketing, and client relations. Prior to joining Kapsch, JB spent 13 years with Conduent (and formerly Xerox/ACS, Inc.) selling to and supporting emerging payment services for more than 30 US states as well as the federal government.  JB Kendrick has served on the Board of Directors for the Electronic Funds Transfer Association (EFTA) and has been actively engaged with the National Branded Prepaid Card Association (NBPCA),, and The Women’s Alliance (TWA). She currently serves on the Board of Trustees for Huntingdon College in Montgomery, Alabama and is a member of the “Women in Tolling” group of the International Bridge, Tunnel, and Turnpike Association (IBTTA) as well as several local philanthropic organizations. She will continue to be based in Atlanta, Georgia. 

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16. April 2021
Preliminary results for financial year 2020/21.

10:47 CEST The financial year 2020/21 of Kapsch TrafficCom ended on March 31, 2021. Based on preliminary figures, the company expects revenues of about EUR 500 million. The operating result (EBIT) including negative special effects will be a loss of about EUR 124 million. The most relevant negative special effects account for an EBIT impact of about EUR 139 million and include: EUR -79 million: Adjustment of project margins and provisions for onerous contracts, particularly for projects in North America EUR -21 million: Goodwill impairment EUR -14 million: Provisions for restructurings EUR -8 million: Provision for lawsuit in the USA EUR -8 million: Currency effects EUR -6 million: Impairment of inventory EUR -3 million: Impairment of trade receivables Despite the significantly negative result, the equity ratio still amounts to about 14%. As of March 31, 2021, Kapsch TrafficCom held liquid funds in excess of EUR 100 million.

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12. April 2021
Kapsch TrafficCom’s pioneering European technology will connect intelligent traffic lights with driverless buses in Malaga

The company installs traffic controllers that inform an autonomous public transport vehicle of green and red traffic signals The AUTOMOST project aims to advance the automation of public transport Madrid, April 12, 2021 – Kapsch TrafficCom (Kapsch) has implemented a connected vehicle (V2X) project in Malaga, Spain for AUTOMOST. This EU-funded R&D project, developed by the bus fleet manager AVANZA together with the City of Malaga and the Port of Malaga, aims to advance the automation of public transport. Kapsch, as an international provider of connected vehicle technology and services, has installed intelligent traffic light controllers that directly transmit SPaT (Signal Phase and Timing) information from the traffic lights to the autonomous bus for each lane accessing the controlled junction. The Malaga City Council, which is committed to Malaga’s development as a technological and innovative “smart city ”, has chosen the port as the test area to develop this autonomous vehicle project and to analyse the benefits of automating public transport in a more controllable way, as it hosts a less complex bus line. Kapsch was selected by the Malaga City Council in 2020 to supply 11 EcoTrafiX™ traffic light controllers with their corresponding roadside units (RSU), which are now connected to the AUTOMOST technology platform to provide real-time information between the buses and infrastructure at select Malaga intersections with traffic lights. They replace the original controllers that did not support SPaT features. The SpaT information provided by Kapsch technology will include current traffic light status and time remaining until the next light change. This will allow the buses and other equipped vehicles to know the exact red, green or yellow light times in advance in order to match their speeds accordingly and manage their autonomous driving. This is an innovative program and the first of its kind in Spain; the technology can simultaneously broadcast a G5 and 5G protocol frequency while sending SpaT information about the traffic lights to all  nearby vehicles. “We are delighted to contribute to the implementation of this innovative project, which reaffirms our commitment to smart urban mobility,” says Javier Aguirrre, CEO and President of Kapsch for Spain and Portugal . “Connected vehicle and autonomous driving technologies open up great opportunities. Malaga, a Spanish benchmark for Smart Cities, has been using Kapsch solutions for years to manage the city's traffic in an integrated way. Now, with this initiative, it has once again become a pioneer in applying technology to improve the lives of its citizens.”   The EcoTrafiX™ Controller enables efficient, safe, and sustainable mobility by setting priorities for public transport, emergency vehicles, bicycles, or pedestrians depending on the unique needs of each project. EcoTrafiX™ can operate with different protocols (UNE, NTCIP, UTMC) and adapts to any type of operation whether in isolated mode, under centralised control, or with adaptive traffic control systems. The Kapsch RIS-9160 RSU provides fast data exchange between the vehicle and infrastructure.

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25. March 2021
Enviromental award from the city of Vienna for Kapsch TrafficCom

The City of Vienna has honored Kapsch TrafficCom as “OekoBusiness Wien 2021”. The global provider of intelligent traffic solutions took part with its operations in Vienna's ÖKOPROFIT (Ecoprofit) environmental service program. The program aims to help companies reduce waste, raw material, and water and energy consumption at business locations in Vienna. “The Oekoprofit program is a great start on the road to become a more sustainable company,” says Juliane Höbarth, Head of KapschTrafficCom's Environmental Sustainability Program. “It helps us identify the biggest sources of emissions in our company at the Vienna operating site and understand how to reduce them.” Experts examine environmentally friendly business practices. In a series of workshops, the Ecoprofit experts from the environmental consultancy Denkstatt worked with Kapsch TrafficCom to analyze carefully selected environmental data and identify potential savings and improvement measures. “We learned that in the industrial sector, the product life cycle accounts for the largest share of CO2 emissions. That's why we focus on evaluating the CO2 footprint of our products and the emissions savings potential of our portfolio,” reports Höbarth. Kapsch TrafficCom is “OekoBusiness Vienna 2021”. The project team presented the results of the program in the form of a report and a presentation to the expert commission of Oekoprofit. Kapsch TrafficCom was then recognized by the Advisory Board for its commitment to sustainable business practices by the City of Vienna as “OekoBusiness Wien 2021”. The certificate is valid for a period of one year.

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8. March 2021
Kapsch TrafficCom – Norway Starts Free-Flow Tolling In One Of World´s Deepest Undersea Tunnels.

Jönköping/Vienna. March 8, 2021 – The Norwegian Public Roads Administration (Statens Vegvesen) assigned Kapsch TrafficCom (Kapsch) in October 2020 to deliver a new Multi-Lane Free-Flow (MLFF) tolling system at Ryfast, Norway. Only 13 weeks after the contract signature, the system with 6 tolling points went successfully into operation on February 1, 2021. The Ryfast sub-sea tunnel system runs from the city of Stavanger to the municipality of Strand. It is one of the longest and deepest undersea road tunnels in the world, with the Ryfylke tunnel of 14.3 kilometres length and 292 meters deep. After implementing the high performance system in record time of only 13 weeks, the Kapsch MLFF G3 tolling system is now in operation since the beginning of February. “While we have installed our systems at tunnels, bridges, cities and roadways all around the world, we are proud to be part of the Ryfast project. We are very happy that we have managed to implement a reliable and high-performing system in such a short time", says Mikael Hejel, responsible Area Sales Manager for the Nordic countries. The tolling system detects and identifies all passing vehicles with video technology, which classifies the vehicles and captures their front- and rear license plates. Through microwaves, the tolling system also detects and reads AutoPass toll tags, which are linked to the vehicle’s license plate number. The information captured by the tolling system is transmitted to a back-office for further processing and invocing of the vehicle owners. “Due to that a previous tolling system could not be set into operation, we had to retender a new tolling system and allocate a tight time schedule. In addition, given the current Covid situation and closed borders, it was a challenging task both for Statens vegvesen and Kapsch to comply with the schedule. Therefore we are very pleased with the open dialogue and the transparency we have had with Kapsch TrafficCom, something which enabled the extremely short implementation time of the new tolling system”, says Kristian Rognskog, Chief Engineer of AutoPASS/Bompeng systems at Statens vegvesen.

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16. February 2021
Kapsch TrafficCom – Results for the first three quarters of 2020/21.

Highlights. Expiry of major projects, COVID-19, special effects, and internal challenges led to a decline in revenues and negative EBIT. Restructuring measures have shown the first signs of success; free cash flow is positive again. “The success of the introduced cost reduction program is already evident. While the free cash flow in Q1 was still negative at around EUR 27 million, the shortfall in Q2 fell to EUR 3 million. In the just finished Q3, we succeeded in generating a positive free cash flow of EUR 31 million. As a result, we now have a positive value of EUR 1 million after nine months,“ says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1-Q3 2019/20 Q1-Q3 2020/21 +/- Revenues 545.5  384.5 -29.5 % EBIT 7.7  -89.0 > -100 % EBIT margin 1.4 %  -32.1 % -24.5 %p Result for the period attributable to equity holders 1.9 -78.3 > -100 % Earnings per share (EUR) 0.14 -6.03 > -100 % Vienna, February 16, 2021  – Revenues totaled EUR 384 million in the first three quarters of 2020/21, which represents a decline of 30% or EUR 161 million. EUR 75 million of this amount is attributable to major projects that ended in the previous year: one in Germany (early termination of the implementation project by the customer due to a decision by the European Court of Justice), one in the Czech Republic (operating contract expired), and one in Bulgaria (completion of the implementation of a nation-wide toll system). In North America, the focus was on completing and restructuring existing projects. In addition, project margins had to be adjusted in the USA. This not only had negative effects on the EBIT but also, and in a large extent, on revenues. Finally, the various measures adopted to slow the spread of COVID-19 also led to a substantial decline in demand and revenues: In the Electronic Toll Collection (ETC) segment, they were major drivers behind the decline of EUR 28 million or around one-third in component revenues. Implementation revenues also fell by EUR 71 million. The operating result (EBIT) went from EUR 8 million in the previous year to EUR -89 million in the current reporting period. The following special effects in particular were responsible for this development in the current financial year: Adjustment of project margins and provisions for onerous contracts, particularly for projects in North America: EUR -50 million. Impairments of goodwill: EUR -21 million (corresponds to the figure in H1 2020/21). Provision for lawsuit in the USA: EUR -8 million. Operating currency effects: EUR -11 million (net).   The financial result in the first three quarters of 2020/21 amounted to EUR -10 million (previous year: EUR -5 million). This was primarily due to the net interest loss of EUR 3 million and unrealized foreign exchange losses in the amount of EUR 5 million (net). Income taxes were positive at EUR 18 million (previous year: EUR -1 million). The result for the period attributable to equity holders of the company after nine months totaled EUR -78 million (previous year: EUR 2 million). This equates to earnings per share of EUR 6.03 (previous year: EUR 0.14). As of December 31, 2020, the net debt amounted to EUR 183 million (March 31, 2020: EUR 176 million). The equity ratio was at 18% (March 31, 2020: 25%). The balance sheet total fell to EUR 614 million (March 31, 2020: EUR 727 million). Free cash flow of EUR 1 million after three quarters was substantially better than in the comparative period of the previous year (EUR -20 million). Net CAPEX totaled EUR 2 million (previous year: EUR 9 million). And even though we are seeing the first signs of success from our efforts to make the company more efficient, focused, agile, and profitable over the long term, we still have a hard road ahead of us. The management is examining structures, processes, and expenditures throughout the entire organization. Many necessary restructuring measures have already been implemented, while others have been introduced, and a few are still outstanding. Naturally, this is often connected with additional costs in the short term. The Executive Board assumes that these will be reflected for the most part in the current financial year’s result. Therefore, it is quite possible that, with revenues of somewhat more than EUR 500 million, the negative EBIT in the 2020/21 financial year could exceed the EUR 100 million threshold. Segment results. In the first three quarters of 2020/21, 73% of revenue was generated by the ETC segment and 27% by the IMS segment. 53% of revenue was generated in the region EMEA (Europe, Middle East, and Africa), 42% in the region Americas (North-, Central- and South America), and 5% in the APAC (Asia-Pacific) region. ETC (Electronic Toll Collection). Unless otherwise stated, all values in EUR million Q1-Q3 2019/20 Q1-Q3 2020/21 +/- Revenues 420.1  279.6 -33.5 % EBIT 18.5  -79.7 > -100 % EBIT margin 4.4 %  -28.5 % -32.9 %p In the first three quarters of 2020/21, ETC revenues reached EUR 280 million (-33%). As mentioned above, the comparative period included revenues of major projects which have come to an end in the meantime. Implementation and component revenues fell by EUR 100 million. A good portion of this decrease is a consequence of the international measures adopted to slow the spread of COVID-19. ETC-EBIT amounted to EUR -80 million (previous year: EUR 19 million). EBIT margin was at -28% (previous year: 4%). In the first three quarters 2020/21 Kapsch TrafficCom sold 7.5 million on-board units (previous year: 10.1 million).   IMS (Intelligent Mobility Solutions). Unless otherwise stated, all values in EUR million Q1-Q3 2019/20 Q1-Q3 2020/21 +/- Revenues 125.3  104.9 -16.3 % EBIT -10.9  -9.3 14.2 % EBIT margin -8.7 %  -8.9 % -0.2 %p In the first three quarters of 2020/21, segment revenues reached EUR 105 million. (-16%). The IMS EBIT was EUR -9 million and thus better than in the previous year (EUR -11 million). The now completed departure of the United Kingdom from the EU (Brexit) had no significant impact on Kapsch TrafficCom’s results. Revenues there were in the single-digit million range during the first three quarters of 2020/21. The highlights report of the first three quarters 2020/21 as well as further materials will be available at .

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12. February 2021
Kapsch TrafficCom to supply the first multi-lane free-flow (MLFF) toll collection system in France for highway concessionaire APRR.

Paris/Vienna, February 12, 2021 – Kapsch TrafficCom was awarded a framework contract by APRR regarding the supply, implementation and technical operations of MLFF tolling systems. This will improve traffic flow and decrease the environmental impact on the RCEA highway. APRR, highway concessionaire of the Eiffage Group, is the second largest French concessionaire operating around 2,300 kilometers of highway. Employing 3,500 people, APRR manages a yearly turnover of around 2.4 billion euros. Recently, the ALIAE consortium (Eiffage’s group concession) has been awarded the A79 highway (formerly RCEA – Route Centre Europe Atlantique ). In this context, APRR will deploy and operate a MLFF tolling system supplied by Kapsch TrafficCom. The new highway will open to traffic in 2022. Improved traffic flow and less environmental impact. From the end-user point of view, the MLFF system allows travel time and fuel consumption to decrease as drivers do not need to stop at plazas anymore. The automatic toll collection system is also an efficient and secure mean of payment without physical interaction. For the concessionaire, implementing a MLFF system improves the throughput of the highway, reduces the number of incidents and, above all, allows to decrease the environmental impact of the tolled road. After a pilot phase where APRR had tested the performances of several MLFF technologies provided by different companies, APRR chose Kapsch TrafficCom as industrial partner in the deployment of its first multi-lane free-flow system projetcs. “This is a great success for us, showing that we are best in class in terms of performances and value for money. We are proud to start an exciting long-term partnership with APRR,” says Nathalie Leboucher, Senior Vice President Sales Western Europe, Middle East & Africa at Kapsch TrafficCom. 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 30 countries. It has been listed in the Prime Market segment of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). In its 2019/20 financial year, around 5,100 employees generated revenues of EUR 731.2 million.

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Kapsch TrafficCom Headquarters