EANS-News: With Program 2020, Kapsch TrafficCom AG lays a solid foundation for the future

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9-month report

* Revenue increased by 8 % in the first three quarters, EBIT grew
significantly by 82 % * Cost savings and increased earnings are
clearly discernible * Project developments and a planned acquisition
confirm the strategy * An EBIT margin of over 10 % is expected for
the full year

__________________________________________________________________________
|2015/16_Q1-Q3: 1 April-31 December 2015|2015/16 Q1-Q3|+/- % |2014/15 Q1-Q3|
|_______________________________________|_____________|______|_____________|
|Revenue_(in_million_EUR)_______________|379.2________|+8_%__|349.5________|
|EBIT_(in_million_EUR)__________________|43.3_________|+82_%_|23.7_________|
|Profit_for_the_period_(in_million_EUR)_|25.3_________|>500_%|1.0__________|

Vienna, February 24, 2016 -Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed in the Prime Market of the Vienna Stock Exchange, demonstrated
operational and strategic progress during the first three quarters of
the 2015/16 fiscal year, and the impact and results of the
forward-looking Program 2020 were clearly visible here.

During the reporting period, the Kapsch TrafficCom Group obtained
multiple new orders in the U.S.A. (including for an end-to-end
solution), Chile, Australia and New Zealand. A city solution was put
into operation in Italy, and the V2X technology of Kapsch TrafficCom
will be employed in future in the Czech capital of Prague. In late
summer, the company obtained a significant order for the delivery and
installation of the traffic management systems within the framework
of the cross-border program "CHARM" of the road authorities of the
Netherlands and Great Britain. This advanced traffic management
system will be the largest and most modern system in Europe; in this
way, Kapsch TrafficCom secures for itself a globally recognized
position in traffic management systems as well. The existing
operation projects continued to represent a stable foundation during
the reporting period, and the expansion of the systems in Belarus and
Poland also contributed to revenue and earnings as expected.

Subtitle: Asset, financial and earnings situation

The revenue in the first three quarters of 2015/16 of EUR 379.2
million was 8.5 % above the previous year's value of EUR 349.5
million. The segment Road Solution Projects (RSP) and the segment
Services, System Extensions, Components Sales (SEC) both contributed
equally to the revenue growth.

The EBIT increased by 82.2 % from EUR 23.7 million to EUR 43.3
million. This disproportionate growth is all the more impressive
since the comparison value of the previous year was significantly
elevated due to one-time effects. In the segment RSP, the new
projects and in particular the successes of the "Top Fit" project
brought about a significant improvement; however, the segment EBIT
remains negative at EUR -12.9 million. In the segment SEC, the EBIT
of EUR 54.6 million was 8.9 % below the value of the previous year.
While the significant increase in on-board unit sales had a positive
effect, the investment in the majority stake in the smart parking
provider Streetline weighed down the result. The EBIT margin of the
Kapsch TrafficCom Group has remained in the double digits for the
last three quarters and is currently 11.4 %.

The profit for the period rose from EUR 1.0 million to EUR 25.3
million during the reporting period, resulting in earnings per share
of EUR 1.64. The free cash flow reached EUR 74.8 million after EUR
59.4 million in the same period of the previous fiscal year.

The balance sheet figures also reflect a continuous improvement over
the first three quarters of the fiscal year. The equity ratio
increased to 45.2 %. Cash and cash equivalents increased to EUR 138.0
million as at the end of December and helped ensure that the Kapsch
TrafficCom Group has turned net debt into a net cash position of EUR
24.5 million.

Subtitle: Program 2020 and strategy

Under the heading of "Program 2020", Kapsch TrafficCom implemented
comprehensive measures for cost reduction and improved earnings with
the project "Top Fit" in the past fiscal year and also adapted the
strategy with respect to future developments and growth potential.

The cost savings and organizational adaptations have already
contributed significantly to operational excellence, and the savings
were realized more effectively and more quickly than originally
expected. The measures implemented will become fully apparent over
the course of this fiscal year.

Within the framework of Strategy 2020, Kapsch TrafficCom has set
three priorities that are also reflected in the project developments:
The first is operational excellence, the second is the strengthening
and securing of the core business and the third is the establishment
of an intelligent mobility solutions (IMS) business.

In December, Kapsch TrafficCom also concluded an agreement to take
over the global transportation business of Schneider Electric, which
encompasses integrated advanced traffic management solutions for
cities, highways and transit solutions. This will enable Kapsch
TrafficCom to offer integrated intelligent transportation solutions
from the highway into the city. Furthermore, this will expand the
group's presence in the growth markets of Spain, Latin America, the
U.S.A. and the Middle East. The acquisition should be concluded in
the coming weeks - subject to all agreed conditions.

Subtitle: Outlook

In the first three quarters of the fiscal year, Kapsch TrafficCom
established a good basis for the future. The management therefore
expects that the EBIT margin for the entire fiscal year 2015/16 will
be above the 10 % mark that was set as an initial minimum target for
the core business.

From an operational perspective, Kapsch TrafficCom takes an
optimistic view of the development of the existing projects,
including for the coming fiscal year 2016/17. Several invitations to
tender and additional potential projects also exist.

The activities will continue to focus on the implementation of the
strategy. In accordance with the changes in the business, the
internal structures of the Kapsch TrafficCom Group - and therefore of
the group's reporting as well - have followed a modified segmentation
since the fourth quarter of the current fiscal year. This will be
reported on in detail together with the annual figures, which will be
back-calculated for purposes of comparability. In addition, Kapsch
TrafficCom is planning further strategic steps for the future.

Subtitle: Announcement

The report on the first three quarters of the fiscal year 2015/16 can
be downloaded from
www.kapsch.net/ktc/investor_relations/reports/download/
Quarterly-reports/2015-16/KTC_IR_Report_FY16-Q1-Q3?lang=en-US.

Kapsch TrafficCom is a provider of intelligent transportation systems
(ITS) in the segments of toll collection, city access control and
parking space management, traffic management, traffic monitoring,
utility vehicle monitoring, electronic vehicle registration and V2X
cooperative systems. The end-to-end solutions of Kapsch TrafficCom
cover the entire value creation chain of its customers, from
components and design to the installation and operation of systems,
all from a single source. The core business comprises the
development, installation and operation of electronic toll collection
and traffic management systems. Reference projects in 44 countries on
all continents have made Kapsch TrafficCom a globally recognized ITS
provider. As part of the Kapsch Group, an Austrian family-owned
technology group founded in 1892, Kapsch TrafficCom is headquartered
in Vienna, Austria, and has subsidiaries and branches in 33
countries. It has also been listed since 2007 on the Vienna Stock
Exchange (KTCG) and earned revenues of EUR 456 million in the 2014/15
fiscal year with over 3,500 employees.

For more information: www.kapsch.net and www.kapschtraffic.com.

Follow us on Twitter at twitter.com/kapschnet.

Further inquiry note:
Press contact:
Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1705
E-mail ingrid.lawicka@kapsch.net

Investor contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1120
E-mail ir.kapschtraffic@kapsch.net

end of announcement euro adhoc
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company: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English