Kapsch TrafficCom AG

Earnings Release • Oct 2, 2020

Publication Date: 02.10.2020 12:48 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 02.10.2020

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 carolin.treichl@kapsch.net

Markus Karner Public Relations Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1705 markus.karner@kapsch.net

Investor Contact: Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 VIENNA, AUSTRIA T +43 50 811 1122 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 50811 1122
FAX:	+43 50811 99 1122
mail:	ir.kapschtraffic@kapsch.net
WWW:	www.kapschtraffic.com
ISIN:	AT000KAPSCH9
indexes:
stockmarkets: Wien
language:	English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service