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Kapsch TrafficCom

euro adhoc: Kapsch TrafficCom AG
quarterly or semiannual financial statement / Kapsch TrafficCom with significant increase in revenues and earnings in the first quarter of 2008/09

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
quaterly report
27.08.2008
Vienna, 27 August 2008 - Kapsch TrafficCom AG  (ISIN  AT000KAPSCH9), 
listed  on the Vienna Stock Exchange in the prime market segment, 
reported  a  considerable increase in revenues and a significant 
increase  in  earnings  even  beyond  the increase in revenues in the
first quarter of fiscal  year  2008/09  compared  to the same period 
of the previous fiscal year.
Revenues and earnings Improvements  in  both  large  segments  -  SEC
(Services,  System  Extensions, Components Sales) and RSP (Road 
Solution Projects) - resulted in a  considerable increase in revenues
of  Kapsch  TrafficCom  Group,  up 79%  from  EUR 33.8m  to EUR 60.4m
in the first three months of the current fiscal year compared  to  
the same period of the previous fiscal  year.  Broken  down  by  
segment,  the  Road Solution Projects (RSP) segment reported an 
increase in revenues  to  EUR  26.3m (previous fiscal year: EUR 7.3m)
in the first quarter due to increased  business volumes. The 
performance of the SEC  (Services,  System  Extensions,  Components 
Sales) segment remained strong, generating revenues of EUR 32.1m for 
the  first three months of the current fiscal year, 37% higher than 
the EUR 23.4m  recorded during the same period in the previous fiscal
year. This increase  is  primarily attributable to a significant 
increase in sales of components. The Others  (OTH) segment recorded a
decline in revenues of EUR 2.0m for the  first  three  months of the 
current fiscal year.
For the same period, Kapsch TrafficCom Group is reporting improved  
earnings  in excess of  the  increase  in  revenues.  EBIT  was  up  
189%  from  EUR 3.9m  to EUR 11.3m. Profitability also improved, with
the  EBIT  margin  increasing  from 11.7% in the first three months 
of  the  previous  fiscal  year  to  18.6%.  The analysis by segment 
for the first three months of fiscal year 2008/09 shows  the RSP 
segment increasing from  EUR  0.1m  to  EUR 4.8m,  the  SEC  
segment's  EBIT growing from EUR 3.9m to EUR 6.2m (up 59%), and the 
OTH segment  also  improving its EBIT to EUR 0.3m.
Earnings per share in  the  first  three  months  of  the  current  
fiscal  year increased by 270% from EUR 0.23 in same period of the 
previous  fiscal  year  to EUR 0.85.
In the first three months of fiscal year 2008/09, Kapsch TrafficCom  
Group  also significantly improved earnings before tax with an 285% 
increase  from  EUR 4.0m in the first three months of the previous 
fiscal year to EUR 15.4m in  the  same period of the current  fiscal 
year.  Profit  after  tax  for  the  same  period increased from EUR 
2.9m to EUR 11.2m (up 286%).
Financial position and cash flows With total assets of EUR 341.5 
million (as of 30 June 2008) and total equity  of EUR 144.3 million 
(as of 30 June 2008), the  Kapsch  TrafficCom  Group's  equity ratio 
as of 30 June 2008 was 42.3 % (31 March 2008:  44.7  %).  As  of  30 
June 2008, Kapsch TrafficCom Group held cash and short-term 
securities in  an  amount of EUR 58.7 million. This reserve in 
liquidity serves  as  a  basis  to  finance future projects or 
strategic acquisitions of companies.
The interim report for the first quarter of fiscal 2008/09 can be 
downloaded  at www.kapschtraffic.com / Investor Relations / Financial
information.
Kapsch TrafficCom is  an  international  supplier  of  innovative  
road  traffic telematics solutions. Its principle business is the 
development  and  supply  of electronic toll collection (ETC) 
systems, in particular for the multi-lane free- flow (MLFF) of the 
traffic, and the technical and commercial operation  of  such 
systems. Kapsch TrafficCom also supplies  traffic  management  
systems,  with  a focus on road safety and traffic control,  and  
electronic  access  systems  and parking  management.  With  more  
than  140  installed  tolling  systems  in  30 countries in Europe, 
Australia,  Latin  America,  in  the  Middle-East,  in  the 
Asian/Pacific region and in South Africa, and with almost  12  
million  on-board units (OBUs) and nearly 11,000 equipped lanes, 
Kapsch TrafficCom has  positioned itself among the leading suppliers 
of ETC systems worldwide.  Kapsch  TrafficCom is headquartered in 
Vienna, Austria, and  has  subsidiaries  and  representative offices 
in 20 countries.
Disclaimer This ad-hoc release constitutes neither an offer to sell 
nor a  solicitation  to buy any securities. The securities have 
already been sold. This ad-hoc release and the information it 
contains are not for  publication  in the United States of America  
(U.S.A.)  and  may  not  be  distributed  to  U.S. persons (as 
defined in Regulation S of  the  U.S.  Securities  Act  ("Securities 
Act") of 1933, as amended) or to publications with a general 
circulation in  the U.S.A. This stock exchange announcement does not 
constitute  an  offer  for  the sale of securities or solicitation of
an offer to  purchase  securities  in  the U.S.A. The securities of 
Kapsch TrafficCom AG have  not  been  registered  under the 
provisions of the Securities Act and may not be offered, sold  or  
delivered to  U.S.  persons  without  prior  registration  under  or 
exemption  from  the registration requirements. This ad-hoc release 
is exclusively addressed to persons (i) outside  the  United Kingdom,
or  (ii)  who  are  investment  professionals  for  the  purposes   
of article 19(5)  U.K.  Financial  Services  and  Markets   Act   
2000   (Financial Promotion) Order 2005 (the "Order"), as  amended,  
or  (iii)  who  are  included under  article 49(2)(a)-(d)  of  the   
Order   ("high   net   worth   companies, unincorporated 
associations, etc.). All such persons  are  hereinafter  referred to 
as "Relevant Persons". No person who  is  not  a  Relevant  Person  
may  take action on the basis of this press release or the  
information  contained  herein or rely thereon. Investment or 
investment activities  in  connection  with  this press release are 
only available to Relevant Persons,  and  investment  business will 
only be transacted with Relevant Persons.
end of announcement                               euro adhoc

Further inquiry note:

For more information
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Tel: +43 (0) 50 811 1122
Wagenseilgasse 1, A-1120 Vienna, Austria
E-mail: ir.kapschtraffic@kapsch.net
www.kapschtraffic.com

Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime.market
Börsen: Wiener Börse AG / official market

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