Kapsch TrafficCom AG

euro adhoc: Kapsch TrafficCom AG
quarterly or semiannual financial statement / Kapsch TrafficCom with significant increase in revenues and earnings in the first quarter of 2008/09

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quaterly report


Vienna, 27 August 2008 - Kapsch TrafficCom AG  (ISIN  AT000KAPSCH9), listed  on the Vienna Stock Exchange in the prime market segment, reported  a  considerable increase in revenues and a significant increase  in  earnings  even  beyond  the increase in revenues in the first quarter of fiscal  year  2008/09  compared  to the same period of the previous fiscal year.

Revenues and earnings Improvements  in  both  large  segments  -  SEC (Services,  System  Extensions, Components Sales) and RSP (Road Solution Projects) - resulted in a  considerable increase in revenues of  Kapsch  TrafficCom  Group,  up 79%  from  EUR 33.8m  to EUR 60.4m in the first three months of the current fiscal year compared  to   the same period of the previous fiscal  year.  Broken  down  by   segment,  the  Road Solution Projects (RSP) segment reported an increase in revenues  to  EUR  26.3m (previous fiscal year: EUR 7.3m) in the first quarter due to increased  business volumes. The performance of the SEC  (Services,  System  Extensions,  Components Sales) segment remained strong, generating revenues of EUR 32.1m for the  first three months of the current fiscal year, 37% higher than the EUR 23.4m  recorded during the same period in the previous fiscal year. This increase  is  primarily attributable to a significant increase in sales of components. The Others  (OTH) segment recorded a decline in revenues of EUR 2.0m for the  first  three  months of the current fiscal year.

For the same period, Kapsch TrafficCom Group is reporting improved   earnings  in excess of  the  increase  in  revenues.  EBIT  was  up   189%  from  EUR 3.9m  to EUR 11.3m. Profitability also improved, with the  EBIT  margin  increasing  from 11.7% in the first three months of  the  previous  fiscal  year  to  18.6%.  The analysis by segment for the first three months of fiscal year 2008/09 shows  the RSP segment increasing from  EUR  0.1m  to  EUR 4.8m,  the  SEC   segment's  EBIT growing from EUR 3.9m to EUR 6.2m (up 59%), and the OTH segment  also  improving its EBIT to EUR 0.3m.

Earnings per share in  the  first  three  months  of  the  current   fiscal  year increased by 270% from EUR 0.23 in same period of the previous  fiscal  year  to EUR 0.85.

In the first three months of fiscal year 2008/09, Kapsch TrafficCom   Group  also significantly improved earnings before tax with an 285% increase  from  EUR 4.0m in the first three months of the previous fiscal year to EUR 15.4m in  the  same period of the current  fiscal year.  Profit  after  tax  for  the  same  period increased from EUR 2.9m to EUR 11.2m (up 286%).

Financial position and cash flows With total assets of EUR 341.5 million (as of 30 June 2008) and total equity  of EUR 144.3 million (as of 30 June 2008), the  Kapsch  TrafficCom  Group's  equity ratio as of 30 June 2008 was 42.3 % (31 March 2008:  44.7  %).  As  of  30 June 2008, Kapsch TrafficCom Group held cash and short-term securities in  an  amount of EUR 58.7 million. This reserve in liquidity serves  as  a  basis  to  finance future projects or strategic acquisitions of companies.

The interim report for the first quarter of fiscal 2008/09 can be downloaded  at www.kapschtraffic.com / Investor Relations / Financial information.

Kapsch TrafficCom is  an  international  supplier  of  innovative   road  traffic telematics solutions. Its principle business is the development  and  supply  of electronic toll collection (ETC) systems, in particular for the multi-lane free- flow (MLFF) of the traffic, 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,  in  the  Middle-East,  in  the Asian/Pacific region and in South Africa, and with almost  12   million  on-board units (OBUs) and nearly 11,000 equipped lanes, Kapsch TrafficCom has  positioned itself among the leading suppliers of ETC systems worldwide.  Kapsch  TrafficCom is headquartered in Vienna, Austria, and  has  subsidiaries  and  representative offices in 20 countries.

Disclaimer This ad-hoc release constitutes neither an offer to sell nor a  solicitation  to buy any securities. The securities have already been sold. This ad-hoc release 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 ad-hoc release 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.

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ots Originaltext: Kapsch TrafficCom AG
Im Internet recherchierbar: http://www.presseportal.ch

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

Branche: Technology
Index:    Prime.market
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: Kapsch TrafficCom AG

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