EANS-Adhoc: Kapsch TrafficCom Deferments in certain projects cause revenues
and earnings of Q1 2018/19 below expectations; outlook adapted. Order situation
remains positive.
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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.
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Earnings Forecast
24.07.2018
Vienna - Based on preliminary data, Kapsch TrafficCom announces that revenues
and operating result (EBIT) of the first quarter 2018/19 are expected below
plan. Revenues of about EUR 158 million and EBIT of about EUR 7 million are
expected.
Based on these lower than expected values, the company lowers the outlook for
the current fiscal year 2018/19. Revenues and EBIT should reach previous year's
levels (revenues: EUR 693 million, EBIT: EUR 50 million). Initially, a growth of
10% was forecasted for both figures.
The main reason for the weaker results of the first quarter 2018/19 are
deferments in certain existing projects. As a consequence, revenues and earnings
for these projects budgeted in the current fiscal year could be deferred into
the next fiscal year. The general order situation of the company remains
positive.
The results of Kapsch TrafficCom for the first quarter 2018/19 will be published
on August 23, 2018.
Further inquiry note:
Press contact:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2
1120 Wien
Österreich
T +43 50 811 1700
alf.netek@kapsch.net
Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2
1120 Wien
Österreich
T +43 50 811 1728
alexandra.vieh@kapsch.net
Investor contact:
Mag. Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Wien, Österreich
Tel.: +43 50 811 1122
E-Mail: ir.kapschtraffic@kapsch.net
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English