Highlights
Georg Kapsch, CEO of Kapsch TrafficCom: “I am pleased that we have been able to continue the positive dynamic of the previous year into the first quarter. The increasing importance of our young Intelligent Mobility Solutions segment proves that we are on the right path in the implementation of our Strategy 2020.”
Unless otherwise specified, |
2016/17 Q1 | +/- | 2015/16 Q1 |
---|---|---|---|
Revenue | 152.3 | +30% | 117.1 |
EBIT | 17.6 | +38% | 12.8 |
Profit for the period | 12.4 | +8% | 11.5 |
Profit for the period attributable to equity holders | 12.7 | +30% | 9.8 |
Vienna, August 24, 2016 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed in the Prime Market of the Vienna Stock Exchange, continued the positive developments of the previous fiscal year in the first quarter of fiscal year 2016/17. Quarterly revenues increased over the comparison period of the previous year by
The operating result (EBIT) increased by
The results were significantly impacted by the initial consolidation of Kapsch TrafficCom Transportation (“KTT”), the global transportation division of Schneider Electric acquired on 1 April 2016. The total revenue of the group increased by
For optimization of the financing structure and refinancing of the bonds due in November 2017
One disadvantage of this transaction for the equity ratio is its effect of extending the balance sheet because of the temporary investment of the obtained funds. Because the equity was also burdened by the acquisition of 48% of the Czech company Kapsch Telematic Services, the equity ratio has declined to 35%. Despite the purchase price payments for KTT and Kapsch Telematic Services, Kapsch TrafficCom had a net credit at the end of the quarter of
In terms of new orders, Kapsch TrafficCom can report on additional successes in the first three months of the current fiscal year. For instance, the company obtained an order for what is now the fifth project in the Australian state of Queensland. This includes both the delivery and operation of a toll system and has been concluded for ten years. In the U.S.A., Kapsch TrafficCom received an order for the modernization of the integrated transportation management systems in the Highway Operations Center of the Massachusetts Department of Transportation. North America certainly represents the most important growth market for Kapsch TrafficCom. In addition to several larger projects, an increasing volume of smaller projects is expected here.
The first quarter 2016/17 report can be downloaded from: www.kapsch.net/ktc/investor_relations/reports
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
P +43 50 811 1705
ingrid.lawicka@kapsch.net
Investor contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1122
ir.kapschtraffic@kapsch.net