1. April – 31. March | 2014/15 | +/- % | 2015/16 |
---|---|---|---|
Revenues (in million EUR) | 456.4 | +15% | 526.1 |
EBIT (in million EUR) | 32.7 | +90% | 62.3 |
Profit for the period (in million EUR) | 11.4 | +220% | 36.5 |
Earnings per share (in EUR)1 | 0.28 | >+500% | 2.39 |
Dividend per share (in EUR) | 0.50 | +200% | 1.502 |
1) Earnings per share relate to
2) Proposal of the executive board subject to approval of the annual general meeting on 7 September 2016
Vienna, June 22, 2016 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, reports a very successful fiscal year 2015/16 in which the defined goal was significantly exceeded. This was due in large part to the Program 2020, which is showing effects at many levels. On the market side, the Kapsch TrafficCom Group also achieved some important successes, some of which can already be seen reflected in the revenues.
Under the heading of “Program 2020”, Kapsch TrafficCom implemented comprehensive measures for cost reduction and improved earnings with the project “Top Fit” in the past fiscal year 2014/15 and also adapted the strategy with respect to future developments and growth potential up to the year 2020. Already in the third quarter of the reporting year, it was apparent that the cost savings and organizational restructuring targeted with “Top Fit” could be implemented more quickly and effectively than originally expected. As a result, not only were savings of roughly
Strategy 2020, which was presented in April 2015, includes an adaptation and extension of the business model in the direction of intelligent mobility solutions. Kapsch TrafficCom has accordingly established three strategic priorities, and made significant progress already in the fiscal year 2015/16: The “Top Fit” project has established an outstanding basis for operational excellence. The newly obtained projects strengthen and secure the core business. In addition, the rising demand for city solutions has confirmed the expansion of the offering from the highway into the city – a key aspect for the establishment of the intelligent mobility solutions (IMS) business.
The newly won projects and project expansions made possible a revenue increase during the fiscal year 2015/16 period of 15.3 % to
The profit for the period of the Kapsch TrafficCom Group increased from
Continuous improvement can also be seen in the balance sheet figures. The equity ratio increased from 42.5 % to 44.9 %. Cash and cash equivalents increased to
In connection with the improved profit as well as the solid asset and financial situation, the executive board will propose to the annual general meeting the disbursement of a dividend in the amount of
In fiscal year 2016/17, the contribution by the acquisition of the transportation business of Schneider Electric, which will be operating under Kapsch TrafficCom Transportation, to the revenue and profit of the Kapsch TrafficCom Group will be clearly visible – even after the integration costs. The implementation of the newly obtained projects will also make increasing contributions. This applies in particular to the cross-border program “CHARM” and the ETC projects in Chile and Australia. Kapsch TrafficCom also expects several decisions concerning additional projects.
One key focal area for the coming years will be the further development of the Strategy 2020. Kapsch TrafficCom will expand the portfolio with regard to intelligent mobility solutions. Systems and data will be increasingly intermeshed, and vehicles will be networked with their environment. The acquisition of the Schneider Electric transportation business also represents a large step toward the city. Kapsch TrafficCom plans to carefully integrate this area in order to contribute to the design of the smart cities of the future.
The annual financial statements for the fiscal year 2015/16 can be downloaded at www.kapsch.net/ktc/ir/financial/ KTC_Annual_Financial_Statements_FY15-16 and the annual report for the fiscal year 2015/16 at www.kapsch.net/ ktc/ir/reports/KTC_Annual_report_2015-16.
Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the segments of toll collection, city access control and parking space management, traffic management, traffic monitoring, utility vehicle monitoring, electronic vehicle registration and V2X cooperative systems. The
Reference projects in more than 50 countries on all continents have made Kapsch TrafficCom a globally recognized ITS provider. As part of the Kapsch Group, an Austrian family-owned technology group founded in 1892, Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and branches in 33 countries. It has also been listed since 2007 on the Vienna Stock Exchange (KTCG) and earned revenues of
Press contact:
Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1705
E-mail ingrid.lawicka@kapsch.net
Investor contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1120
E-mail ir.kapschtraffic@kapsch.net