Earnings Release • Jul 24, 2018
Earnings Release
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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.
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 [email protected]
Alexandra Vieh Head of Marketing and PR, Global Kapsch TrafficCom AG Am Europlatz 2 1120 Wien Österreich T +43 50 811 1728 [email protected]
Investor contact: Mag. Hans Lang Investor Relations Officer Kapsch TrafficCom AG
Am Europlatz 2, 1120 Wien, Österreich Tel.: +43 50 811 1122 E-Mail: [email protected]
end of announcement euro adhoc
issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: [email protected] WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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