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euro adhoc: Kapsch TrafficCom AG / quarterly or semiannual financial statement / Kapsch TrafficCom AG with clear improvement in profits during first three quarters of 2007/08 Not for publication i

Geschrieben am 27-02-2008


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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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quaterly report

27.02.2008

Vienna, 27 February 2008 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed on the Vienna Stock Exchange in the prime market segment since
26 June 2007, continued its positive performance in the third quarter
of fiscal year 2007/08, posting considerably improved earnings
figures against a decline in revenues.

Revenues and earnings Volatility of the project business and the Road
Solution Projects (RSP) segment in particular as well as large
projects that were ultimately not awarded led to a decline in
revenues in the first nine months of the current fiscal year compared
to the same period during the previous fiscal year, down 12% from EUR
140.9m to EUR 123.6m. Broken down by segment, Road Solution Projects
(RSP) reported in the first three quarters a decline in revenues to
EUR 30.7m (Previous year: EUR 85.6m). In the first nine months of the
previous year, revenues of EUR 79.0m were included for the major part
of the construction of phase I of the nationwide truck tolling system
in the Czech Republic while RSP segment´s revenues in the Czech
Republic were at EUR 14.5m in the current fiscal year. Major projects
in the current fiscal year have been postponed, are in the offering
phase or in preparation of a new tender. The performance of the
Services, System Extensions and Components Sales (SEC) segment
improved significantly due to increased business volumes, generating
revenues of EUR 84.9m for the first nine months of the current fiscal
year, 87% higher than the EUR 45.4m recorded during the same period
in the previous fiscal year. This increase is primarily attributable
to the successful technical and commercial operation of the
nationwide truck tolling system in the Czech Republic and a
significant increase in sales of components, particularly on-board
units (OBUs). The Others (OTH) segment recorded revenues of EUR 8.0m
for the first three quarters of the current fiscal year, down about
19.2% against the same period in the previous fiscal year with EUR
9.9m.

For the first nine months of 2007/08, Kapsch TrafficCom is reporting
considerably improved earnings. EBITDA adjusted by non-recurring
items was up 65% from EUR 13.1m to EUR 21.5m, while adjusted
operating profit (adjusted EBIT) advanced 89% from EUR 9.9m to EUR
18.6m. Profitability also improved, with the EBIT margin doubling
from 7% to 14%.

The analysis by segment for the first nine months of fiscal 2007/08
shows SEC´s EBIT growing from EUR 9.0m to EUR 15.9m (up 77%), RSP
increasing from EUR 1.7m to EUR 2.2m (up 29%) and with OTH also
improving its EBIT, from EUR -0.8m to EUR -0.5m. In the first three
quarters of 2007/08, Kapsch TrafficCom recorded a 91% increase in
earnings before tax, from EUR 11.0m in the previous to EUR 21.2m in
the current fiscal year. Profit after tax for the same period was up
64% from EUR 8.4m to EUR 13.8m.

Financial position and cash flows As of 31 December 2007, Kapsch
TrafficCom´s total assets increased by 26% to EUR 285.5m (31 March
2007: EUR 227.2m). Total equity improved to EUR 116.2m (31 March
2007: EUR 45.6m), bringing the equity ratio as of 31 December 2007 to
40.7% (31 March 2007: 20.1%). Partially due to the successful initial
public offering, net debt as of 31 March 2007 of EUR 12.5m has been
transformed into net assets of EUR 35.8m as of 31 December 2007.

Outlook The next months will be shaped by participation in tenders
and by project awards in Slovakia, Australia, South Africa and the
United Kingdom. It should be noted that orders have already been
taken in Chile, New Zealand and South Africa in the first nine
months. On 28 December 2007, Kapsch TrafficCom successfully closed
the negotiations between the Czech Ministry of Transport and the
consortium led by Kapsch TrafficCom with the conclusion of an
amendment to the contract for the supply and for the operation of the
microwave technology based tolling system in the Czech Republic and
substantiated the extension of the nationwide truck tolling system
(phase II) in the Czech Republic.

The interim report for the third quarter of fiscal 2007/08 can be
downloaded at www.kapschtraffic.com / Investor Relations / Financial
information.

Kapsch TrafficCom is an international supplier of innovative road
traffic telematics systems, products and services. Its principle
business is the development and supply of electronic toll collection
(ETC) systems, in particular MLFF (multi-lane free-flow) ETC systems,
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, the Asian/Pacific
region and South Africa, and more than eleven million transponders
and 11,000 equipped lanes, Kapsch TrafficCom has positioned itself
among the market leaders in ETC systems worldwide. Kapsch TrafficCom
is headquartered in Vienna, Austria, and has subsidiaries and
representative offices in 18 countries.

Legal information This stock exchange announcement constitutes
neither an offer to sell nor a solicitation to buy any securities.
The securities have already been sold. This stock exchange
announcement 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 stock exchange
announcement 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
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ots Originaltext: Kapsch TrafficCom AG
Im Internet recherchierbar: http://www.presseportal.de

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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