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02.10.2020 – 12:49

Kapsch TrafficCom AG

EANS-Adhoc: Kapsch TrafficCom
revised outlook, no dividend for 2020/21.

  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

Earnings Forecast

Vienna - Based on initial indications for the second quarter the company expects
no improvement of the revenue and earnings situation compared to the first
quarter of financial year 2020/21.

Consequently, the operating result (EBIT) of the financial year will likely be
clearly negative. A negative two-digit million value is expected. An important
reason for this is COVID-19: Revenues in the profitable components business
strongly suffer from decreased traffic volumes. In addition - in spite of some
pleasing project wins - there are more delays in tender processes and the award
of contracts. Catch-up effects in a relevant scale are expected not before the
next financial year. Possible impairments of non-current assets cannot be ruled
out for financial year 2020/21.

For the annual revenues, precise forecasts are also still difficult. Currently
the company assumes a decline of 15 to 20%.

As a result of the expected clearly negative results, the current dividend
policy is being suspended until further notice. No dividend shall be expected
for financial year 2020/21.

Further inquiry note:
Press Contacts:
Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1710

Markus Karner
Public Relations
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1705

Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 VIENNA, AUSTRIA
T +43 50 811 1122

end of announcement                         euro adhoc
issuer:       Kapsch TrafficCom AG
              Am Europlatz  2
              A-1120 Wien
phone:        +43 50811 1122
FAX:          +43 50811 99 1122
ISIN:         AT000KAPSCH9
stockmarkets: Wien
language:     English