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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
10. February 2021
Greece stops “unfair” tolling on the motorway.

Europe´s first Pay-as-you-go tolling system on the A8 motorway Athen-Patras Athens, Vienna. February 10, 2021 – Greece is the first country in the European Union to operate an electronic toll system in which car drivers are only charged for actual kilometers driven on the motorway. The new “Hybrid Multi-Lane Toll System” from Kapsch TrafficCom supplements the unpopular existing payment system that charges drivers for an entire section of road, even if they exit after the first toll barrier. “Kilometer-based toll billing is the future” says Michael Weber, Strategic Sales Manager of Kapsch TrafficCom. “The European Union sees traditional section payment as an unfair phase-out model and is pushing to charge only for actual kilometers driven. This method will be mandatory for new toll routes and a recommended feature for existing toll routes. This means that the changeover on the A8 motorway from Athens to Patras in December 2020 is not only groundbreaking for Greece, but is likely to set a precedent throughout the EU.” To use the new service, cars will be equipped with on-board units that attach to the vehicle’s interior windshield . When the car enters a toll checkpoint, the system will automatically debit the toll costs from the owner's customer account and the barrier will open to allow the vehicle onto the highway. As soon as the vehicle exits the route, any overpaid costs for the entire section will be credited back to the driver's account in a mileage-based billing transaction. Reduced emissions and improved traffic flow. Civic leaders of cities and towns along the Athens-Patras motorway have lobbied for the introduction of the hybrid multi-lane toll system. The reason is that motorists wanting to avoid the cost of an entire stretch of motorway 8 stayed on roads going through towns, which resulted in a considerable noise and emissions burden. Mileage-based charging with the new system now provides a rebate solution in which overpaid road use is credited according to the actual exit chosen. Drivers have a new incentive to use the motorway. “Other toll routes in Greece, as well as in other countries such as Spain or Italy, are likely to follow the example of the new 'Hybrid Multi-Lane Toll System',” says Michael Weber. “The billing technology not only ensures that costs are charged fairly in line with European Union recommendations, but can also be expanded to include additional services. For example, it is possible to set the toll for vehicles according to different environmental standards: e-vehicles would pay less than gasoline or diesel, for example.” Video “Kilometer toll” in Greece: www.youtube.com/watch?v=0xNaF0r8-S4 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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18. January 2021
Kapsch TrafficCom Group was awarded the technical operation of Bulgaria’s toll systems.

For a period of five years, Kapsch Traffic Solutions, a consortium of various Kapsch TrafficCom Group companies, is in charge of the technical operation of the passenger vehicle e-vignette system and the electronic truck toll system in Bulgaria. The award follows a public tender which saw Kapsch Traffic Solutions as the best bidder. The technical operation comprises the maintenance of all hardware and software as well as the operation of the data centers. The total project volume amounts to about EUR 60 million. Kapsch Traffic Solutions built and implemented the current passenger vehicle e-vignette system and the electronic truck toll system in Bulgaria. They were finalized and handed over to the state in 2019 and 2020, respectively. 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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11. January 2021
Kapsch TrafficCom – two major projects extended and an additional contract.

Two major operations projects in the tolling segment have been extended at similar conditions: The South African National Roads Agency (SANRAL) requested an extension of the contract by 12 months, i.e., until December 2021. The revenues per month will be at around EUR 3.7 million. The current contract to support the operation of the nation-wide electronic toll system in Poland is scheduled to expire in the first week of February. Kapsch TrafficCom has been awarded a further extension of the contract by five months, e.g., until early July 2021. The revenues per month will be stable at around EUR 2.4 million. In Poland, Kapsch TrafficCom has also been awarded the provision of direct distribution services with regard to the new satellite-based toll system (Global Navigation Satellite Systems, GNSS). This system is still to be built and implemented. Then, Kapsch TrafficCom will be in charge of the implementation and provision of customer services. They include the registration and activation of truck’s external location system units or truck drivers’ smartphones in the system as well as the distribution of on-board units. Kapsch TrafficCom will also increase the number of distribution points. The project start is aligned with the start of the new toll system. The contract has a term of 24 months with a total volume of up to about EUR 30 million. 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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18. December 2020
Kapsch TrafficCom has sold its interest in Q-Free ASA.

Kapsch TrafficCom held a 15.4% interest in Q-Free ASA (Q-Free), a provider of intelligent transportations services from Norway. Because the stake has become non-strategic, it has been for sale for a while. By selling over the stock exchange and, eventually, over-the-counter block trades the stake could be divested at an average price of about NOK 4.73 per share. In addition to a cash inflow of more than EUR 5 million, this transaction has a positive impact on the financial result of Kapsch TrafficCom and reduces the financial risks of the company. 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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17. December 2020
Kapsch TrafficCom continues to strengthen footprint in Latin America.

Toll systems in Mexico and Ecuador First ITS (Intelligent Transportation Systems) delivery in Columbia Vienna. December 17, 2020 – With a strong track record in the areas of tolling and smart urban mobility in the region, Kapsch TrafficCom has been successful with new tolling and advanced traffic management solutions for tunnels and highways in recent months. In Mexico, Kapsch has been awarded a contract to implement an electronic toll collection system for the “MRO Paquete Noreste” highways in the country’s northeastern region. This is one of the busiest highway networks in the country. Kapsch’s SmartTOLL™ solution will upgrade the current system over a distance of 350 km with twelve plazas and 64 lanes. Eliminating cash payments and implementing electronic toll collection has been a growing trend in Latin America, amplified by the COVID-19 pandemic, as it ensures safer and faster transit. In Ecuador’s capital of Quito, the country’s first Multi-Lane Free-Flow (MLFF) toll collection system went operational in November. In partnership with a local company, Kapsch was in charge of the supply and installation of the toll gantry equipment on one of the main access routes to the city as well as the operational back office. The new toll system replaces toll plazas. They were causing heavy congestion at the Guayasamin Tunnel during rush hours, as drivers had the option to stop and pay the toll charges in cash. The new four-lane free-flow toll gantry is also reversible, allowing for changes in traffic direction according to the current demand. In Colombia, Kapsch has been operating successfully for three years, winning several significant toll and ITS projects. In September, the company celebrated its first ITS delivery. In Medellín, the country’s second largest city, the advanced traffic management system DYNAC ATMS® ensures state-of-the-art security in two 460-meter-long tunnels that were built as part of a substantial urban transformation project, Parques del Rio. The system collects real-time traffic data and delivers it to the control centers, allowing operators to detect and respond to congestion, incidents, and emergency situations. The information can then be quickly disseminated so that drivers can make informed travel decisions. Additionally, Kapsch has recently been awarded the implementation of the DYNAC ATMS® and SmartTOLL systems for Colombia’s new Río Magdalena Highway. The company is responsible for the supply, installation, configuration and commissioning of the electronic equipment and software of the ITS system on one of four road sections. Furthermore, Kapsch will be installing three toll plazas along the highway with both cash-only lanes and lanes for cash and electronic payments. 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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3. December 2020
Kapsch TrafficCom continues to expand tolling services in Europe via new partnership with Ford.

Subsidiary tolltickets will provide services to Ford’s new Marketplace feature This partnership with a leading car manufacturer is an important milestone for Kapsch’s tolling services Rosenheim/Vienna. December 3, 2020 – The German toll services provider tolltickets, a 100% subsidiary of Kapsch TrafficCom, will expand its current footprint by providing integrated tolling services for partner companies. Kapsch TrafficCom, via its subsidiary tolltickets, is proud to support the launch of Ford’s new Marketplace feature by providing Ford customers access to tolltickets’ tolling services. Part of FordPass Pro, a smartphone app for small businesses, Marketplace services are available to fleets of up to five vehicles. Alongside the app’s remote control and convenience features, owners can now browse details of available partnerships and offers and simply tap through to sign up with a partner or to find out more. Among the three Marketplace partnerships that were launched, tolltickets enables vehicle owners to subscribe and pre-pay for a wide variety of tolling solutions. Benefits include savings on standard tariffs, ease of transit across the various countries covered by tolltickets, and reduced administration overhead thanks to single-supplier monthly billing for the entire fleet. “The launch of this cooperation with Ford marks a milestone for us”, explains Georg Kapsch, CEO of Kapsch TrafficCom. “The tolling market will change fundamentally in the coming years and we are seeing a continuous transition to app-based solutions. For Kapsch, business-to-business partnerships will be increasingly important for offering integrated services to end users. That is why I am really proud that a renowned car manufacturer like Ford is relying on the know-how of tolltickets in delivering tolling services. This partnership is a success in our new strategy of expanding our existing core business areas of tolling and traffic management with tolling services and demand management.” 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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18. November 2020
Kapsch TrafficCom – Results for the first half of 2020/21.

Highlights. Special factors strain the EBIT: Adjustments of project margins and provisions for onerous contracts: EUR -32 million Goodwill impairment: EUR -21 million Negative currency impacts: EUR -6 million   Impacts of COVID-19 on business: Significant decrease in business with on-board units Increased delays in tenders and contract awards Visibility relating to new business decreased significantly “It pains me to see the company I built with my team, practically from the ground up, in this state after continuous upward development over the past 20 years. What is clear is how important it was to start up a program, before the summer, to both define short-term cost reduction measures and create a basis for sustainable growth,“, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million H1 2019/20 H1 2020/21 +/- Revenues 359.2  257.5 -28.3 % EBIT 8.8  -57.8 > -100 % EBIT margin 2.4 %  -22.5 % -24.9 % Result for the period attributable to equity holders 2.3 -54.0 > -100 % Earnings per share (EUR) 0.10 -4.15 > -100 % Vienna, November 18, 2020  – In the first half of the current financial year, revenues reached EUR 257 million (-28%). A major reason for the reduction in revenues is, that some major toll projects ended which contributed EUR 64 million in the first half of 2019/20. These projects comprise the early terminated toll projects in Germany, the expired contract of the nation-wide toll system in the Czech Republic and the concluded implementation of the toll system in Bulgaria. The loss of these high-revenue projects could not be compensated by new business in the first half of the current financial year. The delays of tenders and contract awards due to COVID-19 play a major part in this. The earnings before interest and taxes (EBIT) were negative at EUR -58 million (previous year: EUR 9 million). The EBIT margin was thus -22% (previous year: 2%). There are several reasons for the negative development of the EBIT in the first half of 2020/21, the most significant are as follows: Impairments of non-current assets: Based on updated estimates Kapsch TrafficCom critically reviewed the recoverability of non-current assets. Consequently impairments of goodwill amounting to EUR 21 million and of further intangible assets amounting to EUR 3 million have been made.   Adjustments of project margins and provisions for onerous contracts: For several projects, especially in North America, project margins were adjusted and provisions for onerous contracts were recorded. This had a negative impact of around EUR 32 million on EBIT.   Impacts of COVID-19: Revenues in the profitable component business suffered severely as a result of lower traffic volumes. Also the implementation business was affected by delays or postponed tenders.   Operating currency effects: The operating currency effects (net) resulted in EUR -6 million (previous year: EUR +1 million) in the first half of the current financial year. This is mainly attributable to the exchange rates of the US dollar (USD) and the Swedish krona (SEK) against the euro (EUR). The financial result in the first half of 2020/21 amounted to EUR -8 million, about EUR 3 million less than in the previous year. Income taxes amounted to EUR 11 million (previous year: EUR -1 million). The result for the period attributable to equity holders in the first half of the current financial year decreased to EUR -54 million (previous year: EUR 2 million). This corresponds to earnings per share of EUR -4.15 (previous year: EUR 0.18). Free cash flow amounted to EUR -30 million and was thus significantly lower than in the comparable period of the previous year (EUR -18 million). While the free cash flow was strongly negative at EUR -27 million in the first quarter 2020/21 the negative amount in the second quarter could be reduced to EUR -3 million. Net debt reached EUR 213 million on September 30, 2020 (March 31, 2020: net debt of EUR 176 million). This corresponds to a gearing of 163%. The equity ratio was 21% (March 31, 2020: 25%). Segment results. In the first half of 2020/21, 74% of revenue was generated by the ETC segment and 26% by the IMS segment. 51% of revenue was generated in the region EMEA (Europe, Middle East, and Africa), 44% 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 H1 2019/20 H1 2020/21 +/- Revenues 281.2  190.6 -32.2 % EBIT 17.5  -52.1 > -100 % EBIT margin 6.2 %  -27.3 % -33.6 % In the first half of 2020/21, ETC revenues reached EUR 191 million (-32%). The above mentioned ended major projects were all related to the tolling segment in Europe. Consequently, revenues declined here by 43%. ETC-EBIT amounted to EUR -52 million (previous year: EUR 17 million) including a EUR 21 million impairment of goodwill. EBIT margin was at -27% (previous year: 6%).   IMS (Intelligent Mobility Solutions). Unless otherwise stated, all values in EUR million H1 2019/20 H1 2020/21 +/- Revenues 78.1  66.9 -14.3 % EBIT -5.7  -8.7 34.0 % EBIT margin -11.1 %  -8.6 % 2.6 % In the first half of 2020/21, segment revenues reached EUR 67 million. (-14%). The IMS EBIT was EUR -6 million and thus above the value of the previous year (EUR -9 million). A major reason for this is a decline in the cost of materials and other production services by 22%. The report of the first half of 2020/21 as well as further materials will be available at www.kapsch.net/ktc/ir/downloadcenter .

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17. November 2020
Kapsch TrafficCom – First MLFF (Multi lane free flow) toll in Ecuador has started operating in Quito.

Quito, November 17, 2020 – The first MLFF (Multi-Lane Free Flow) toll system to operate in Ecuador has just been installed with Kapsch TrafficCom’s technology on one of the main access routes to the country’s capital, Quito. This will improve mobility in the area by allowing electronic toll collection without drivers stopping to make toll payment. The Guayasamin Tunnel is on a road that connects many suburbs across the city’s north and northeast regions to downtown Quito, besides being one of the main access routes to the airport. This translates into a daily traffic flow of forty thousand vehicles. Allowing access to the tunnel, there used to be a toll plaza operating for many years, which caused long congestions at rush hours, as drivers had the option to stop at the barriers to pay the toll charges. The plaza has just been replaced with a four-lane bidirectional free flow toll gantry, so now all that drivers need to do is have a TAG associated to their vehicle to pass by without stopping. According to Emilio Rivas, Kapsch’s Vice President for Latin America, “the impact of this change will be very positive for the city, as drivers now travel at constant speed along the road and enjoy less travel time as well as a reduction of vehicles’ emissions in the area. Besides, in the current pandemic situation, a toll system that doesn’t require any contact also reduces the risk of new infections.” In a partnership with Procelec, a local company with a long tradition in Ecuador in the traffic and transportation sectors, Kapsch TrafficCom was in charge of the supply and installation of the MLFF toll gantry equipment, as well as the operational back office. The back office system has been developed to adapt to Ecuador’s business model and the multiple TAGs existing in its market. Kapsch’s technology for this project brings innovations such as a reversible gantry, allowing for changes in traffic direction according to traffic demand. This makes it easier to manage traffic flow at rush hours for instance, when most vehicles move at the same direction. Another feature is a mixed technology that enables detectors to read both passive TAGs (stickers) and active tags (transponders). 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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13. November 2020
State of the art safety in Sydney's new NorthConnex tunnel with Kapsch TrafficCom.

Australia’s deepest road tunnel opened to motorists on October 31 Kapsch provided Advanced Traffic Management System (ATMS) Melbourne. November 13, 2020 – Described by Prime Minister Scott Morrison as “one of the most significant and eagerly anticipated road infrastructure projects ever delivered in Australia,” NorthConnex links the M1 Pacific Motorway at Wahroonga to the Hills M2 Motorway at West Pennant Hills in Sidney’s north. The nine-kilometre twin tunnel will deliver significant benefits to local communities by easing congestion and removing up to 5,000 trucks per day from the notorious Pennant Hills Road. This will help improve safety, benefit local air quality, and reduce traffic noise. The electronically tolled tunnel will also significantly reduce travel times, as motorists are now able to travel from Newcastle to Melbourne without a single set of traffic lights. They will bypass 21 sets of traffic lights along Pennant Hills Road, and as alternative route to the city can bypass up to 40 sets on the Pacific Highway. NorthConnex commenced construction in June 2015 and has taken over 5 years to complete. Kapsch TrafficCom has provided the roadside tolling infrastructure, the truck regulatory monitoring infrastructure and the Advanced Traffic Management System, which is built upon Kapsch’s next-generation DYNAC ATMS® platform. This integrated software suite offers comprehensive road supervision, data analytics, and metrics and reporting that meet all management requirements for complex road setups. “This has been a first of its kind deployment for us”, explains Matthew McLeish, Executive Vice President Asia-Pacific at Kapsch TrafficCom. “For example, we delivered the most advanced set of automated Traffic Incident Detection and Queue Management System strategies in a tunnel environment to date. Furthermore, we deployed an NTCIP centre-to-centre interface between the NorthConnex facility, the New South Wales Regional Traffic Management agency and the neighbouring M2 Tunnel facility, which is the first of its kind allowing communication between multiple external systems.” Since the opening of the tunnel, the system has been in uninterrupted operation. “We are really proud that we have once again proven the reliability of our pioneering solutions in such a one-of-a-kind tunnel complex, also meeting unique traffic management, regulatory and environmental reporting requirements. Motorist, local communities and the environment will all benefit,” says Matthew McLeish. 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