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
15. October 2020
What Austrian cities can learn from the “15-minute City” Paris.

Road traffic largest source of air pollution in cities according to WHO 84% of Austrian citizens see quality of life as being impaired by emissions Vienna. October 15, 2020 – 89 percent of Austrian citizens urgently want to reduce emissions from road traffic. 84 percent blame noise, air pollution and other burdens for health problems – these are findings of the representative survey “Kapsch TrafficCom Index 2020”. New concepts such as the “15-minute City“ in Paris point the way to prolonging people's experiences with cleaner air and less traffic in post-corona times. The negative effects of road traffic have returned very quickly to the political agenda after the lockdown during the corona crisis. While city tolling is being discussed in Germany, other countries are opting for low emission zones. Paris Mayor Anne Hidalgo is pursuing nothing less than an urban planning revolution with her concept of the "15-minute City": Parisians should be able to reach everything they need for life from their doorstep within fifteen minutes on foot or by bike: grocery stores, health centers, schools, parks and workplaces. To make this possible, Hidalgo’s first step was to block central traffic routes for cars and convert them into bicycle expressways. What we can learn from the “15-minute City”. “The city of Paris has succeeded in reacting quickly to the corona crisis with a new mobility concept, making social distancing easier for the population,” says Gerd Gröbminger, Vice President Sales Kapsch TrafficCom. “The concept of the 15-minute City contains many important cornerstones – but it is a very long-term approach that takes a long time to implement. In order to keep traffic-related emissions at the current levels and further reduce them in the future, intelligent transportation systems are already available today. They enable quick improvements and, at the same time lay, the basis for flexible long-term changes.” Digital technology provides opportunities. Many future-oriented cities are pursuing the goal of clearing the streets for bicycles and pedestrians. “But if traffic is only shifted to other city districts through car-free zones, there is no significant impact,” explains Gröbminger. For this reason, the expert recommends introducing digitally connected mobility management. This includes, for example, traffic light control systems which automatically adapt to the current traffic situation. In pilot cities, this would reduce congestion times by up to 25 percent. The widespread use of SIM cards and vehicle-based GPS also makes it possible to capture and use real-time traffic data from all road users to manage mobility intelligently. “For quick success, politicians should work with the authorities to develop a strategy that harnesses the opportunities of digitally connected mobility. Instead of introducing driving bans for cars, it is important to holistically manage and improve people's mobility. There are smart city solutions available today to prolong people's experiences with cleaner air and less traffic in post-corona times.”  

Read the full article
15. October 2020
What Spanish cities can learn from the “15-minute City” Paris.

Road traffic largest source of air pollution in cities according to WHO 81% of Spanish citizens see quality of life as being impaired by emissions Madrid. October 15, 2020 – 80 percent of Spanish citizens urgently want to reduce emissions from road traffic. 82 percent blame noise, air pollution and other burdens for health problems – these are findings of the representative survey “Kapsch TrafficCom Index 2020”. New concepts such as the “15-minute City“ in Paris point the way to prolonging people's experiences with cleaner air and less traffic in post-corona times. The negative effects of road traffic have returned very quickly to the political agenda after the lockdown during the corona crisis. While Spain is gradually moving towards zero-emissions mobility, Paris Mayor Anne Hidalgo is pursuing nothing less than an urban planning revolution with her concept of the "15-minute City": Parisians should be able to reach everything they need for life from their doorstep within fifteen minutes on foot or by bike: grocery stores, health centers, schools, parks and workplaces. To make this possible, Hidalgo’s first step was to block central traffic routes for cars and convert them into bicycle expressways. What we can learn from the “15-minute City”. “Paris has managed to react quickly to the pandemic with a new concept of mobility, facilitating social distancing for the population,” says Javier Aguirre, President of Kapsch TrafficCom for Spain and Portugal. “The concept of the 15-minute City is a good one, but it is a very long-term approach that needs a lot of time to be implemented. To keep traffic-related emissions at current levels and to reduce them even further in the future, intelligent transport systems are now available. They allow rapid improvements and at the same time lay the foundation for flexible long-term changes.” Digital technology provides opportunities. Many future-oriented cities are pursuing the goal of clearing the streets for bicycles and pedestrians. “But if the main traffic only moves to other districts of the city, there is no significant impact,” explains Javier Aguirre. For this reason, he recommends introducing digitally connected mobility management. This includes, for example, traffic light control systems which automatically adapt to the current traffic situation. In cities, this would reduce congestion times by up to 25 percent. The widespread use of SIM cards and vehicle-based GPS also makes it possible to capture and use real-time traffic data from all road users to manage mobility intelligently. “To be successful, politicians should work to develop a strategy that takes advantage of the opportunities of digitally connected mobility. Instead of introducing driving bans for cars, it is more important to holistically manage and thus improve people's mobility. There are intelligent solutions for cities that help to ensure cleaner air and less traffic in the post-Coronavirus era.”  

Read the full article
15. October 2020
What UK cities can learn from the “15-minute City” Paris.

Road traffic largest source of air pollution in cities according to WHO 73% of UK citizens see quality of life as being impaired by emissions London. October 15, 2020 – 78 percent of UK citizens urgently want to reduce emissions from road traffic. 76 percent blame noise, air pollution and other burdens for health problems – these are findings of the representative survey “Kapsch TrafficCom Index 2020”. New concepts such as the “15-minute City“ in Paris point the way to prolonging people's experiences with cleaner air and less traffic in post-corona times. The negative effects of road traffic have returned very quickly to the political agenda after the lockdown during the corona crisis. Councils in England are introducing clean air zones while, in Germany, city tolling is currently being discussed. Paris Mayor Anne Hidalgo is pursuing nothing less than an urban planning revolution with her concept of the "15-minute City": Parisians should be able to reach everything they need for life from their doorstep within fifteen minutes on foot or by bike: grocery stores, health centres, schools, parks and workplaces. To make this possible, Hidalgo’s first step was to block central traffic routes for cars and convert them into bicycle expressways. What we can learn from the “15-minute City”. “It’s essential that cities react quickly in order to minimise the impact of COVID-19 and improve urban mobility”, says Steve Parsons, Head of Sales for UK & Ireland. “Many components of the 15-minute City are correct – but it is a long-term concept, and cities need quicker wins that will have an immediate impact. Intelligent transportation systems are already available today to reduce congestion, resulting in fewer emissions, less noise and improvements in air quality. By working together, we can lay the basis for sustainable improvements that truly benefit the health and social wellbeing of us all.” Digital technology provides opportunities. Many future-oriented cities are pursuing the goal of clearing the streets for bicycles. “But we cannot simply push the problem down the road. Instead, we have to adopt a holistic approach”, explains Parsons. That is why the expert recommends introducing a digitally connected mobility management platform. This includes, for example, traffic light control systems which automatically adapt to the current traffic situation. In pilot cities, this would reduce congestion times by up to 25 percent. The widespread use of SIM cards and vehicle-based GPS also makes it possible to capture and use real-time traffic data from all road users to manage mobility intelligently. “I want to once again stress that it is about us all working together – politicians, authorities, suppliers and the public – to develop a strategy that harnesses the tremendous opportunities of digitally connected mobility. We have the tools to prolong people’s experience with cleaner air and less traffic in post-corona times.”  

Read the full article
15. October 2020
What German cities can learn from the “15-minute City” Paris.

Road traffic largest source of air pollution in cities according to WHO 83% of German citizens see quality of life as being impaired by emissions Berlin. October 15, 2020 – 88 percent of German citizens urgently want to reduce emissions from road traffic. 83 percent blame noise, air pollution and other burdens for health problems – these are findings of the representative survey “Kapsch TrafficCom Index 2020”. New concepts such as the “15-minute City“ in Paris point the way to prolonging people's experiences with cleaner air and less traffic in post-corona times. The negative effects of road traffic have returned very quickly to the political agenda after the lockdown during the corona crisis. While city tolling is being discussed in Germany, other countries are opting for low emission zones. Paris Mayor Anne Hidalgo is pursuing nothing less than an urban planning revolution with her concept of the "15-minute City": Parisians should be able to reach everything they need for life from their doorstep within fifteen minutes on foot or by bike: grocery stores, health centers, schools, parks and workplaces. To make this possible, Hidalgo’s first step was to block central traffic routes for cars and convert them into bicycle expressways. What we can learn from the “15-minute City”. “The city of Paris has succeeded in reacting quickly to the corona crisis with a new mobility concept, making social distancing easier for the population,” says Gerd Gröbminger, Vice President Sales Kapsch TrafficCom. “The concept of the 15-minute City contains many important cornerstones – but it is a very long-term approach that takes a long time to implement. In order to keep traffic-related emissions at the current levels and further reduce them in the future, intelligent transportation systems are already available today. They enable quick improvements and, at the same time lay, the basis for flexible long-term changes.” Digital technology provides opportunities. Many future-oriented cities are pursuing the goal of clearing the streets for bicycles and pedestrians. “But if traffic is only shifted to other city districts through car-free zones, there is no significant impact,” explains Gröbminger. For this reason, the expert recommends introducing digitally connected mobility management. This includes, for example, traffic light control systems which automatically adapt to the current traffic situation. In pilot cities, this would reduce congestion times by up to 25 percent. The widespread use of SIM cards and vehicle-based GPS also makes it possible to capture and use real-time traffic data from all road users to manage mobility intelligently. “For quick success, politicians should work with the authorities to develop a strategy that harnesses the opportunities of digitally connected mobility. Instead of introducing driving bans for cars, it is important to holistically manage and improve people's mobility. There are smart city solutions available today to prolong people's experiences with cleaner air and less traffic in post-corona times.”  

Read the full article
7. October 2020
Kapsch TrafficCom takes over tolltickets and regionally expands tolling services in Europe

Tolling services for trucks now available nationwide in six countries Compliance check for EETS-enabled on-board unit completed in Germany Vienna. October 7 th , 2020 – Kapsch TrafficCom acquired the remaining 35% interests in the German toll services provider tolltickets GmbH. Since July 2016, Kapsch has been holding a 65% stake in tolltickets. “With the combination of the unique experience of Kapsch TrafficCom as a pioneer and technology leader in electronic toll collection and the know-how of tolltickets in delivering tolling services, we have been paving the way for an interoperable tolling services offering across Europe for more than four years,” says Georg Kapsch, Chief Executive Officer of Kapsch TrafficCom. “Because of the high strategic importance of tolling services, we have decided to take over tolltickets completely. Our long-term goal is to establish ourselves among the leading EETS providers. Tolltickets will step-by-step expand its current portfolio to provide white-labeled tolling services for partner companies such as fleet card providers, vehicle manufacturers, or rental car companies.” Important compliance check in Germany completed In an important step forward on the way to expanding the services in Europe, tolltickets has successfully completed the so-called Compliance Checking Communication (CCC) in accordance with the specifications of the German Federal Office for Freight Transport (BAG). This confirms the prescribed functionality of the Kapsch on-board unit and clears the way for the following test phases. Passing these tests will ultimately allow Kapsch TrafficCom to offer toll services in Germany. Interoperable tolling solution for trucks now available nationwide in six European countries Kapsch TrafficCom and tolltickets are continuously expanding their services across the continent. A Western connection covering the entire highway networks in France, Spain and Portugal as well as some tunnels and bridges is now effective. In Central & Eastern Europe, tolltickets is the pioneer in providing tolling services for heavy-goods vehicles in Austria, Hungary and Bulgaria. The addition of Germany to this list would represent an important milestone on the way to providing full coverage of the corridors in Europe and delivering a unique customer experience. Other countries which are in preparation and available soon are Belgium, Norway, Denmark and Sweden. The European Electronic Toll Service (EETS) The European Electronic Toll Service (EETS) supplements the national electronic tolling systems of the member states and simplifies cross-border mobility for road users: Vehicles operating internationally no longer have to be equipped with a separate on-board unit (OBU) for each country, and only one contract with an EETS provider is needed. 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.

Read the full article
2. October 2020
Kapsch TrafficCom: revised outlook, no dividend for 2020/21.

12:48 CEST Based on initial indications for the second quarter the company expects no improvement of the revenue and earnings situation compared to the first quarter of financial year 2020/21. Consequently, the operating result (EBIT) of the financial year will likely be clearly negative. A negative two-digit million value is expected. An important reason for this is COVID-19: Revenues in the profitable components business strongly suffer from decreased traffic volumes. In addition – in spite of some pleasing project wins – there are more delays in tender processes and the award of contracts. Catch-up effects in a relevant scale are expected not before the next financial year. Possible impairments of non-current assets cannot be ruled out for financial year 2020/21. For the annual revenues, precise forecasts are also still difficult. Currently the company assumes a decline of 15 to 20%. As a result of the expected clearly negative results, the current dividend policy is being suspended until further notice. No dividend shall be expected for financial year 2020/21.

Read the full article
10. September 2020
Kapsch TrafficCom – Summary of the resolutions of the Annual General Meeting.

Vienna, September 10, 2020 13:44 CEST  – Yesterday's Annual General Meeting of Kapsch TrafficCom AG passed the following resolutions: No dividend will be paid out for the 2019/20 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 2019/20. PwC Wirtschaftsprüfung GmbH, Vienna, appointed as auditor and Group auditor for financial year 2020/21. The remuneration policy for the members of the Executive Board and the members of the Supervisory Board was approved. The Articles of Association were adapted, to provide a basis for shareholders to be able to participate in any General Assembly also by way of remote participation and/or to cast their vote also by way of remote voting in the future; to include the option to hold Supervisory Board meetings by way of a qualified video conference/meeting by video conference. The requirement of attendance was reduced to three members of the Supervisory Board (previously three members elected by the Annual General Meeting).

Read the full article
13. August 2020
Kapsch TrafficCom V2X Technology Enables Future Connectivity and Protects Infrastucture Investment.

Kapsch TrafficCom (Kapsch) is the first manufacturer to submit its RIS-9260 roadside unit (RSU) for dual-use certification by the OmniAir Consortium, the global industry association promoting interoperability and certification for intelligent transportation systems, tolling, and connected vehicles. The Kapsch RIS-9260 is used in connected vehicle (V2X) applications and can operate within either or both the DSRC and C-V2X protocols as dual-mode/dual active. It is already OmniAir-certified for DSRC operation. The Kapsch dual-mode/dual-active RSU offers customers a versatile product that can be implemented in a variety of urban or highway applications including vehicle priority, pedestrian or driver warning systems, and wrong-way driving alerts. The dual-mode/dual-active capabilities protect customer investment against future FCC regulation changes by accommodating V2X connectivity regardless of the underlying radio protocol. They also enable automotive OEMs the ability to choose which short-range radio communication to use. The RIS-9260 has already been successfully deployed in the United States and Canada. In Calgary, Alberta the units are used at 12 intersections in the city’s downtown metropolitan area, where they pair with emergency vehicle (EV) on-board units to trigger green traffic lights when EV sirens are active. This allows the EVs to speed through the cleared intersections and save vital time, and in some cases, ultimately lives. In Florida, the RIS-9260 is deployed in the state’s District 7 Pinellas County Signal Phase and Timing (SPaT) Corridor at 23 signalized intersections and two onsite installs on the Florida Department of Transportation campus. The RSUs correspond with Kapsch in-vehicle on-board units and the Kapsch corridor management software to provide emergency vehicle preemption, transit signal priority, basic safety message collection, and to facilitate the eWalk pedestrian safety application. Additionally, in 2018 Kapsch installed 100+ RIS-9260 units along the I-70 Mountain Corridor highway in Colorado to support the world’s first dual-mode V2X deployment. The units were tested with snow plows and test vehicles to demonstrate safety and mobility use cases largely standardized by SAE J2735 and SAE J2945. This was a joint collaboration with Panasonic, Qualcomm, Ford, and the Colorado Department of Transportation to productize C-V2X while also proving the viability of dual-mode functionality and capabilities. Kapsch is a provider of intelligent transportation systems that have been implemented in traffic scenarios around the world. Its V2X technologies provide the technical infrastructure that enable critical safety and mobility applications, leading to optimized transportation operations. They integrate with the comprehensive Kapsch product portfolio which includes tolling, traffic management, and safety and security applications. “Our V2X products offer our customers a comprehensive range of potential connected vehicle solutions and applications,” said Chris Murray, president of Kapsch TrafficCom North America. “This variety is enhanced by the versatility of our dual-mode technology, which protects customer investment and ensures additional V2X integrations that will continue to develop in the future.” 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.

Read the full article
12. August 2020
Kapsch TrafficCom – Results for the first quarter 2020/21.

Highlights. Termination of several major projects, an ongoing personnel shortage in North America and additional expenses for the implementation of new software lead to a decline in revenues and earnings. No dividend for 2019/20. Program launched to reduce costs and increase efficiency. Still too many uncertainties for quantitative outlook on full year 2020/21. “We are currently in a period of weakness. However, I am convinced that we are taking the right steps to quickly put the company back on the road to success“, says Georg Kapsch, CEO of Kapsch TrafficCom. Unless otherwise stated, all values in EUR million Q1 2019/20 Q1 2020/21 +/- Revenues 186.2  138.5 -25.6 % EBIT 4.6  -11.3 > -100 % EBIT margin 2.4 %  -8.2 % -10,6 % Profit for the period  2.4 -10.0 > -100 % Earnings per share (EUR) 0.19 -0.77 > -100 % Vienna, August 12, 2020  – The final earnings for the first quarter of financial year 2020/21 published today by Kapsch TrafficCom hardly differ from the anticipated revenues and operating profit (EBIT) announced on July 24, 2020. Revenues decreased by approximately 26% to EUR 138 million in Q1. This decline is mainly due to developments in the EMEA region (Europe, Middle East, Africa). Last year, revenues still included projects that have been completed in the meantime: two projects for the German infrastructure charge, the operation of the nation-wide toll system in the Czech Republic and the implementation of the nation-wide toll system in Bulgaria. This alone explains a drop in revenues of around EUR 38 million. In South Africa, the COVID-19 situation in particular led to a drop in revenues of EUR 6 million. By contrast, revenues continued to rise in the Americas region (North, Central, and South America). The critical factor here was the strong implementation business. In the APAC region (Asia-Pacific), revenues fell by 7%. The EBIT was at EUR -11 million (previous year: EUR 5 million). It has not yet been possible to compensate for the loss of profitable major projects. At the same time, the company has not yet been able to adapt its cost base to the new circumstances. The implementation of new software in individual customer systems continued to result in additional costs. The difficult situation with staff in North America has also hurt profitability. In Q1 2020/21, Kapsch TrafficCom achieved earnings for the period attributable to equity holders of EUR -10 million (previous year: EUR 2 million). This corresponds to earnings per share of EUR -0.77 (previous year: EUR 0.19). Free cash flow was very negative at EUR 27 million. More than EUR 20 million of this amount resulted from changes in working capital. In particular, trade payables were reduced, which caused the balance sheet to decline. Total assets fell to EUR 677 million as of June 30, 2020 (March 31, 2020: EUR 727 million) and the net debt rose to EUR 205 million (March 31, 2020: EUR 176 million). The equity ratio increased slightly to 26% (March 31, 2020: 25%). In anticipation of a difficult financial year, Kapsch TrafficCom has launched a program to both define short-term cost reduction measures and to create the basis for sustainable growth. The goals include sustainable cost reductions in the double-digit million range and the cushioning of negative factors influencing earnings in the current financial year. The first measures are already being implemented and more will follow. As a sign of how seriously management takes this program, the members of the Executive Board and the 15 executives on the Global Leadership Team are waiving 10% of their fixed salary for at least six months. It is not yet possible to quantify the effects of COVID-19 on the business. In individual cases, there are delays within projects and in tenders. Moreover, visibility for the second half of the financial year remains low. For this reason, and due to the weak Q1 results, the Executive Board is stepping away from the original dividend proposal (EUR 0.25 per share) and will not be proposing a distribution at the Annual General Meeting on September 9, 2020. From today’s point of view, management expects profitability for financial year 2020/21 to be significantly better than in the previous year. Based on the performance in Q1, achieving a positive EBIT is expected to be much more challenging than originally anticipated, given the low visibility and uncertainties surrounding COVID-19. Segment results. In Q1 2020/21, 77% of the revenues were attributed to the ETC segment and 23% to the IMS segment. 48% of revenues were generated in the Europe, Middle East, and Africa (EMEA) region, 47% in the Americas region (North, Central, and South America), and 5% in the Asia-Pacific (APAC) region. ETC (Electronic Toll Collection). Unless otherwise stated, all values in EUR million Q1 2019/20 Q1 2020/21 +/- Revenues 147.0  106.0 -27.9 % EBIT 7.6  -8.9 > -100 % EBIT margin 5.2 %  -8.4 % -13.6 % In Q1 2020/21, ETC revenues fell to EUR 106 million (-28%). ETC EBIT was EUR -9 million (previous year: EUR 8 million). The EBIT margin reached -8% (previous year: 5%). IMS (Intelligent Mobility Solutions). Unless otherwise stated, all values in EUR million Q1 2019/20 Q1 2020/21 +/- Revenues 39.1  32.5 -17.0 % EBIT -3.1  -2.5 20.1 % EBIT margin -7.9 %  -7.6 % 0.3 % In Q1 2020/21, segment revenues totaled EUR 32 million (-17%). IMS EBIT was at EUR -2 million and thus better than the figure of the previous year (EUR -3 million). The highlights report of the first quarter 2020/21 as well as further materials will be available at www.kapsch.net/ktc/ir/downloadcenter .

Read the full article

Kapsch TrafficCom Headquarters