EANS-News: Kapsch TrafficCom AG: Strong growth in the first quarter of 2016/17

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quarterly report

Highlights: *Revenue increase of 30% compared with the 1st quarter of
the previous year. *EBIT grew by 38%; EBIT margin increased to 11.6%.
*Consolidation of the transportation division acquired from Schneider
Electric. *The Kapsch TrafficCom Group has a net credit despite
acquisitions. *New projects obtained and solid new business pipeline.

Georg Kapsch, CEO of Kapsch TrafficCom: "I am pleased that we have
been able to continue the positive dynamic of the previous year into
the first quarter. The increasing importance of our young Intelligent
Mobility Solutions segment proves that we are on the right path in
the implementation of our Strategy 2020."

____________________________________________________________________________
|Unless otherwise| 2016/17 Q1 | +/- | 2015/16 Q1 |
|specified, | | | |
|all values in | | | |
|million_EUR_____|___________________|___________________|___________________|
|Revenue_________|______________152.3|_______________+30%|______________117.1|
|EBIT____________|_______________17.6|_______________+38%|_______________12.8|
|Profit for the | 12.4| +8%| 11.5|
|period__________|___________________|___________________|___________________|
|Profit for the | 12.7| +30%| 9.8|
|period | | | |
|attributable to | | | |
|equity_holders__|___________________|___________________|___________________|

Vienna, 24 August 2016 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed in the Prime Market of the Vienna Stock Exchange, continued
the positive developments of the previous fiscal year in the first
quarter of fiscal year 2016/17. Quarterly revenues increased over the
comparison period of the previous year by EUR 35.2 million (+30%) to
EUR 152.3 million. The toll business covered by the segment
"Electronic Toll Collection" generated roughly three-quarters of the
Group's revenues. The remainder came from the segment "Intelligent
Mobility Solutions".

The operating result (EBIT) increased by EUR 4.8 million (+38%) to
EUR 17.6 million. The profit for the period grew by EUR 0.9 million
(+8%) to EUR 12.4 million, and the comparison value of the previous
year included a positive one- time effect in the financial result.
Due to the significantly increased pretax result, the income tax
expenses also increased this year. Due to the acquisition of the
still non-controlling interest of 48% of the Czech company Kapsch
Telematic Services spol. s r.o., the profit for the period
attributable to equity holders increased by 30%.

The results were significantly impacted by the initial consolidation
of Kapsch TrafficCom Transportation ("KTT"), the global
transportation division of Schneider Electric acquired on 1 April
2016. The total revenue of the group increased by EUR 24.9 million as
a result. The revenue contribution from KTT for the entire year is
expected to be roughly EUR 125 million - primarily in the segment
"Intelligent Mobility Solutions". However, the integration costs as
well as the profitability of KTT, which must still be improved, will
weigh down the results of the Kapsch TrafficCom Group.

For optimization of the financing structure and refinancing of the
bonds due in November 2017 (EUR 70.8 million are outstanding), Kapsch
TrafficCom obtained for the first time a borrower's note loan in the
amount of EUR 62 million plus USD 14.5 million during the first
quarter. The interest on this loan is partially fixed and partially
variable, and it encompasses three tranches for periods of five,
seven and ten years.

One disadvantage of this transaction for the equity ratio is its
effect of extending the balance sheet because of the temporary
investment of the obtained funds. Because the equity was also
burdened by the acquisition of 48% of the Czech company Kapsch
Telematic Services, the equity ratio has declined to 35%. Despite the
purchase price payments for KTT and Kapsch Telematic Services, Kapsch
TrafficCom had a net credit at the end of the quarter of EUR 15.2
million.

In terms of new orders, Kapsch TrafficCom can report on additional
successes in the first three months of the current fiscal year. For
instance, the company obtained an order for what is now the fifth
project in the Australian state of Queensland. This includes both the
delivery and operation of a toll system and has been concluded for
ten years. In the U.S.A., Kapsch TrafficCom received an order for the
modernization of the integrated transportation management systems in
the Highway Operations Center of the Massachusetts Department of
Transportation. North America certainly represents the most important
growth market for Kapsch TrafficCom. In addition to several larger
projects, an increasing volume of smaller projects is expected here.

The first quarter 2016/17 report can be downloaded from:
http://kapsch.net/ktc/investor_relations/reports

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 more than 50
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 526 million in the
2015/16 fiscal year. The company employs over 4,600 employees
worldwide.

For more information: www.kapsch.net/ktc.
Follow us on Twitter at twitter.com/kapschnet

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

Investor contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Tel.: +43 50 811 1122
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