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Kapsch TrafficCom

euro adhoc: Kapsch TrafficCom AG
Financial Figures/Balance Sheet
Kapsch TrafficCom with clear increase in revenues, EBIT and cash flow in the first nine months of fiscal year 2008/09

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
quaterly report
25.02.2009
Vienna, 25 February 2009 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9), 
listed on the Vienna Stock Exchange in the prime market segment, 
reported an increase in consolidated revenues and EBIT during the 
first three quarters of fiscal year 2008/09 as compared to the same 
period in the previous fiscal year. Kapsch TrafficCom Group, the 
international supplier of innovative road traffic telematics 
solutions, generated a clear positive free cash flow and advanced its
cash position.
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 29.5 % from EUR 123.6 million to EUR 
160.1 million in the first nine months of the current fiscal year 
2008/09 compared to the same period of the previous fiscal year. By 
segment, the RSP segment reported an increase in revenues by 63.5 % 
to EUR 50.2 million (same period of previous fiscal year: EUR 30.7 
million) in the first three quarters of the current fiscal year due 
to increased business volumes. The performance of the SEC segment 
remained strong, generating revenues of EUR 103.8 million during the 
first nine months of the current fiscal year, 22.3 % up from EUR 84.9
million recorded during the same period in the previous fiscal year. 
This increase is primarily attributable to a significant increase in 
sales of components and recurring revenues from operations. The 
Others (OTH) segment recorded revenues of EUR 6.2 million for the 
first nine months of the current fiscal year, down from EUR 8.0 
million during the same period in the previous fiscal year.
For the same period, Kapsch TrafficCom Group is reporting an improved
EBIT, up 22 % from EUR 17.7 million in the first three quarters of 
the previous fiscal year to EUR 21.6 million in the same period of 
the current fiscal year. The analysis by segment for the first nine 
months of fiscal year 2008/09 shows the RSP segment increasing from 
EUR 2.2 million to EUR 2.6 million (up 18.2 %), the SEC segment´s 
EBIT growing from EUR 15.9 million to EUR 20.9 million (up 31.4 %), 
and the OTH segment with an EBIT of EUR -2.0 million.
Due to a negative financial result in the third quarter resulting 
from currency losses and particularly the impairment of certain 
short-term financial assets (securities), profit before tax decreased
by 15.6 % to EUR 17.9 million (first nine months of previous fiscal 
year: EUR 21.2 million) and profit after tax also decreased by 8 % to
EUR 12.7 million (first nine months of previous fiscal year: EUR 13.8
million). Accordingly, earnings per share slightly decreased by 7.8 %
to EUR 0.95 (first nine months of previous fiscal year: EUR 1.03).
Financial position and cash flows With total assets of EUR 304.8 
million and total equity of EUR 131.2 million as of 31 December 2008,
the Kapsch TrafficCom Group´s equity ratio was 43 % (31 March 2008: 
44.7 %). Kapsch TrafficCom also clearly strengthened its financial 
position. In the first three quarters of the current fiscal year 
2008/09, the Kapsch TrafficCom Group improved the free cash flow from
EUR -5.8 million in the first nine months of the previous fiscal year
to EUR 25.5 million in the same period of the current fiscal year. 
Cash and cash equivalents for the same period increased from EUR 47.4
million as of 31 March 2008 to EUR 54.4 million as of 31 December 
2008, even though dividends of approximately EUR 11.0 million were 
distributed and approximately EUR 11.1 million were invested in the 
acquisition of the "Mobility Solutions" business of TechnoCom 
Corporation in the U.S.A. and the capital expenditures were increased
due to the move of the Austrian entities to new business premises and
the expansion of production facilities.
Outlook The management takes an optimistic view on the Kapsch 
TrafficCom´s markets even in a changed economic environment and 
expects a further positive operating development of Kapsch TrafficCom
in the final quarter of the current fiscal year 2008/09.
The interim report for the third quarter of fiscal year 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 210 references in 35 countries in 
Europe, Australia, America, in the Middle-East, in the Asian/Pacific 
region and in South Africa, and with almost 14 million delivered 
on-board units (OBUs) and more than 11,600 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 22 
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 o
end of announcement                               euro adhoc

Further inquiry note:

Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Tel: +43 (0) 50 811 1120
Am Europlatz 2, 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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