Kapsch

EQS-News: Kapsch TrafficCom AG: Result for the first three quarters of 2023/24.

Retrieved on: 
Wednesday, March 13, 2024

"Andreas Hämmerle has contributed to maneuvering Kapsch TrafficCom out of a challenging situation into calmer waters and to steering the company towards the future.

Key Points: 
  • "Andreas Hämmerle has contributed to maneuvering Kapsch TrafficCom out of a challenging situation into calmer waters and to steering the company towards the future.
  • I would like to thank Andreas Hämmerle for his great personal commitment to Kapsch TrafficCom and wish him all the very best," said Franz Semmernegg, Chairman of the Supervisory Board.
  • In operational terms, Kapsch TrafficCom successfully continued to develop existing projects and transitioned several implementation projects into operation.
  • The operating result (EBIT) increased from EUR 10 million in the same period of the previous year to EUR 70 million.

Kapsch TrafficCom wins motorway project in Germany

Retrieved on: 
Tuesday, January 30, 2024

Berlin, January 18, 2023 - Kapsch TrafficCom (KTC) has signed a contract for a groundbreaking C-ITS (Cooperative Intelligent Transport Systems) project with the German Autobahn GmbH of the Federal Government on 4 October 2023.

Key Points: 
  • Berlin, January 18, 2023 - Kapsch TrafficCom (KTC) has signed a contract for a groundbreaking C-ITS (Cooperative Intelligent Transport Systems) project with the German Autobahn GmbH of the Federal Government on 4 October 2023.
  • Carolin Treichl, Executive Vice President EMENA at Kapsch TrafficCom, explains: "We are very pleased to work with Autobahn GmbH on this pioneering European C-ITS project.
  • The technology, which can also be used for urban applications, is future-proof - so further use cases can be covered with the existing hardware and software," says Marko Frank, Sales Manager Germany at Kapsch TrafficCom.
  • Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries.

Louisiana, USA: Cloud-based deployment of Kapsch’s Commercial Back Office System and End-to-End tolling solution enters full operation

Retrieved on: 
Tuesday, January 30, 2024

Completed total refit of the LADOTD LA1 tolling system in Leeville, LA providing a new tolling gantry, Back Office System, Roadside Solution, and enhanced Customer Service Center capabilities

Key Points: 
  • Completed total refit of the LADOTD LA1 tolling system in Leeville, LA providing a new tolling gantry, Back Office System, Roadside Solution, and enhanced Customer Service Center capabilities
    Vienna/Duluth, January 25, 2024 - On November 20, the LA1 tolling facility was officially reopened with a state of the art end-to-end Roadside Toll Collection system, inclusive of the Commercial Back Office system and enhanced CSC operations by Kapsch TrafficCom.
  • Originally established in 2009, LA1 is a stragetic and critical transportation artery not only for the State of Louisiana, but for the Country, supporting the oil, petroleum, and chemical industries of southern Louisiana.
  • “As a key partner, this project was completed under a partnership with Plenary Americas,” explained Dan Toohey, SVP Sales and Services for Kapsch.
  • On November 20, Kapsch TrafficCom reopened the Customer Service Center at Golden Meadow, LA and commenced the full end-to-end operations of the GeauxPass Roadside Program.

Kapsch TrafficCom wins motorway project in Germany

Retrieved on: 
Wednesday, January 17, 2024

Kapsch TrafficCom (KTC) has signed a contract for a groundbreaking C-ITS (Cooperative Intelligent Transport Systems) project with the German Autobahn GmbH of the Federal Government on 4 October 2023.

Key Points: 
  • Kapsch TrafficCom (KTC) has signed a contract for a groundbreaking C-ITS (Cooperative Intelligent Transport Systems) project with the German Autobahn GmbH of the Federal Government on 4 October 2023.
  • Carolin Treichl, Executive Vice President EMENA at Kapsch TrafficCom, explains: "We are very pleased to work with Autobahn GmbH on this pioneering European C-ITS project.
  • The technology, which can also be used for urban applications, is future-proof - so further use cases can be covered with the existing hardware and software," says Marko Frank, Sales Manager Germany at Kapsch TrafficCom.
  • Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries.

EQS-News: Kapsch TrafficCom AG: Result for the first half of 2023/24.

Retrieved on: 
Saturday, December 30, 2023

In addition, the projects that Kapsch TrafficCom has recently won and is still expecting will strengthen the business in the coming years.

Key Points: 
  • In addition, the projects that Kapsch TrafficCom has recently won and is still expecting will strengthen the business in the coming years.
  • Accordingly, autoTicket GmbH, a joint venture between Kapsch TrafficCom and CTS Eventim, received an amount of EUR 243 million from the Federal Republic of Germany.
  • As a result, EBIT was negatively impacted in the amount of EUR 9 million (previous year: EUR 8 million).
  • Excluding the effects of the settlement in Germany, Kapsch TrafficCom recorded a slightly positive business development in the first half of the year with an EBIT of EUR 1 million.

EQS-News: Kapsch TrafficCom AG: Result for the first quarter of 2023/24.

Retrieved on: 
Tuesday, August 22, 2023

Vienna, August 17, 2023 – Business at Kapsch TrafficCom Group developed well as expected in the first quarter of 2023/24.

Key Points: 
  • Vienna, August 17, 2023 – Business at Kapsch TrafficCom Group developed well as expected in the first quarter of 2023/24.
  • In addition, Kapsch TrafficCom recorded a high order intake in the first quarter, the execution of which is expected to lead to a further increase in revenues.
  • Due to deferred tax income, income taxes amounted to EUR +1 million in the reporting quarter (previous year: EUR 0 million).
  • At the end of May, Kapsch TrafficCom agreed with its major financial creditors on a restructuring of financing until May 2025.

EQS-News: Kapsch TrafficCom AG: Results for the financial year 2022/23.

Retrieved on: 
Thursday, June 15, 2023

Vienna, June 14, 2023 – Kapsch TrafficCom recorded a slight increase in business in the financial year 2022/23, as expected, but EBIT remained significantly below expectations.

Key Points: 
  • Vienna, June 14, 2023 – Kapsch TrafficCom recorded a slight increase in business in the financial year 2022/23, as expected, but EBIT remained significantly below expectations.
  • Kapsch TrafficCom was able to win several new urban projects in the reporting period.
  • Moreover, in the financial year 2022/23, a number of implementation projects were completed and entered the operations phase.
  • In light of these circumstances, Kapsch TrafficCom was able to increase revenues in the financial year 2022/23 by 7% from EUR 520 million to EUR 553 million.

Smart Transportation Market worth $248.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 23, 2023

It provides real-time information on transit services, such as current location, estimated arrival and departure time, and disruption causes.

Key Points: 
  • It provides real-time information on transit services, such as current location, estimated arrival and departure time, and disruption causes.
  • Air transportation is an important transportation mode in the global Smart Transportation Market.
  • China, Japan, and India are the major revenue contributing countries for the Asia Pacific Smart Transportation Market.
  • These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their footprint in the Smart Transportation Market.

Smart Transportation Market worth $248.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 23, 2023

It provides real-time information on transit services, such as current location, estimated arrival and departure time, and disruption causes.

Key Points: 
  • It provides real-time information on transit services, such as current location, estimated arrival and departure time, and disruption causes.
  • Air transportation is an important transportation mode in the global Smart Transportation Market.
  • China, Japan, and India are the major revenue contributing countries for the Asia Pacific Smart Transportation Market.
  • These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their footprint in the Smart Transportation Market.

EQS-News: Kapsch TrafficCom AG: Results for the first three quarters of 2022/23.

Retrieved on: 
Wednesday, February 22, 2023

At EUR 10 million, the operating result (EBIT) was significantly higher than the previous year’s figure of EUR 6 million.

Key Points: 
  • At EUR 10 million, the operating result (EBIT) was significantly higher than the previous year’s figure of EUR 6 million.
  • Particularly the increase in personnel costs since the first quarter had a negative impact.
  • The financial result and result from associated companies amounted to EUR -6 million (previous year: EUR ‑5 million).
  • At EUR 2 million, the free cash flow in the past three quarters was significantly lower than the previous year (EUR 9 million).