EANS-Adhoc: Kapsch TrafficCom expects a weak EBIT for the first half of the
fiscal year 2019/20. Outlook adapted. Revenues develop according to plan.
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Earnings Forecast/Mid Year Results
14.10.2019
Vienna, October 14, 2019 -
Based on preliminary data, Kapsch TrafficCom announces that in the first half of
the fiscal year 2019/20, the result from operating activities (EBIT) is expected
to reach approximately EUR 8 million. Adjusted for non-recurring effects, in
particular relating to the termination of toll projects in Germany, the EBIT
would have amounted to EUR 14 million (same period of the previous year: EUR
17.8 million). Revenues are expected to reach EUR 358 million. This would be
higher than the revenues in the same period of the previous year (EUR 335.8
million).
Based on the preliminary half-year results, Kapsch TrafficCom adapts the outlook
for the fiscal year 2019/20. Currently, the company expects the EBIT (excluding
non-recurring effects) to reach about EUR 35 million (variation: +/-10%).
Previously, the company assumed that the EBIT of the fiscal year 2019/20
(excluding non-recurring effects) would increase by at least 5%. The sales
outlook, however, is confirmed. The annual revenues are expected to go up by at
least 5%.
The final results for the first half of fiscal year 2019/20 will be published on
November 20, 2019.
Further inquiry note:
Press contact:
Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
P +43 50811 1710
carolin.treichl@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
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English