Slide 1: Investor Presentation September 2017
Kapsch TrafficCom Investor Presentation. September 2017.
Slide 2: Kapsch: KTC, leading entity of the Kapsch Group
Kapsch. KTC: Leading entity of the Kapsch Group. Kapsch founded in Vienna in 1892 Electronic industry Strong brand in Austria Three key entities ▪ Kapsch TrafficCom - KTC (Intelligent Transportation Systems) ▪ Kapsch BusinessCom (ICT solutions for enterprises) KTC: Tradition meets Future. ▪ Kapsch C
Slide 3: Kapsch TrafficCom At a glance
Kapsch TrafficCom. At a glance. Provider of Intelligent Solid financials Transportation Systems ❖ Revenues ~EUR 650mn ❖ Tolling ❖ Sustainable dividend policy: (Electronic Toll Collection – ETC) Base dividend of EUR 1,-- ❖ Mobility (Intelligent Mobility Solutions – IMS) Global player Listed at Vienna
Slide 4: Strategy: Profitable and sustainable growth
Strategy. Profitable and sustainable growth. Top-line Profitability Sustainability growth ❖ Secure and expand the core business Price pressure in ETC: ❖ Long-term & sustainable management: 125 years of history ❖ Reduce the cluster risk ❖ Larger number of smaller projects with lower profitability ❖ S
Slide 5: Business model: One-stop-shop
Business model. One-stop-shop. In-vehicle components Transceivers & readers Cameras & sensors Toll & enforcement station Back office On-board units Programming Transceiver Mobile Reader Vehicle Vehicle Vehicle Stationary Mobile (OBUs) station reader detection registration classification enforcement
Slide 6: Portfolio
Portfolio. Integrated mobility solutions provider. Sep 2017 | Investor Presentation www.kapschtraffic.com | 6
Slide 7: Financials: Earnings overview
Financials. Earnings overview. All figures in EUR mn Q1 Q1 unless otherwise stated 2017/18 +/- 2016/17 2016/17 Revenues by Region Q1 2017/18 Revenues 164.3 8% 152.3 648.5 30% EBITDA 15.7 -28% 21.8 77.8 65% EBITDA margin 10% -4.7%p 14% 12% 5% EBIT 11.7 -33% 17.6 60.1 EMEA Americas APAC EBIT margin 7%
Slide 8: Other key financials
Other key financials. Balance sheet total Net investments Free cash flow Net credit/debt and equity ratio 14 50 25 700 12 40 600 631.1 648.8 643.0 12.3 42.6 20 10 19.6 500 30 in EUR mn in EUR mn in EUR mn in EUR mn 8 15 400 15.2 20 13.4 35% 35% 36% 6 10 300 6.5 10 13.9 4 200 0 5 2 -4.3 100 1.3 2016/
Slide 9: Segment results
Segment results. ETC accounts for 75% of total revenues, IMS 25%. Key financials Revenues by region Revenues by type All figures in EUR mn Q1 Q1 All figures in EUR mn Q1 Q1 unless otherwise stated 2017/18 +/- 2016/17 unless otherwise stated 2017/18 +/- 2016/17 24% Revenues 123.4 10% 112.4 Design & b
Slide 10: Outlook FY 2017/18
Outlook. FY 2017/18. Revenues continue to grow. Challenge to reach last fiscal year’s EBIT. Equity ratio should increase following the redemption of the corporate bond in November 2017. Sep 2017 | Investor Presentation www.kapschtraffic.com | 10 www.kapschtraffic.com
Slide 11: USP: What makes Kapsch TrafficCom unique?
USP. What makes Kapsch TrafficCom unique? Ability to develop tailored solutions – proven track record Close to our customers Domain know-how Integrated, one-stop-shop Global player ▪ Best practice ▪ Risk diversification A leading position in our core business Size and financial stability Listed (tra
Slide 12: Kapsch TrafficCom share
Kapsch TrafficCom share. ISIN: AT000KAPSCH9 Stock Ticker Symbol: KTCG Reuters: KTCG.VI Bloomberg: KTCG AV Shareholder structure Institutional investors by region The Bank of New York Mellon Corporation/ Shareholder Value Management AG 04.0% Other 8.2% 13.9% UK & Ireland 22.4% Austria Institutional K
Slide 13: Disclaimer
Disclaimer. This presentation is made by Kapsch TrafficCom AG (“Kapsch TrafficCom”) solely for use at this Given these risks, uncertainties and other factors, recipients of this document are cautioned not presentation. It is furnished to you solely for your information and its content may not be cop
Slide 14: Thank you for your attention
Thank you for your attention. Georg Kapsch Hans Lang CEO Investor Relations Officer Kapsch TrafficCom Kapsch TrafficCom Kapsch TrafficCom AG Kapsch TrafficCom AG Am Europlatz 2 Am Europlatz 2 1120 Vienna, Austria 1120 Vienna, Austria P: +43 50 811 - 0 Phone: +43 50 811 1122 E-Mail: georg.kapsch@kaps
Slide 15: Competition: Overview
Competition. Overview. Tolling Traffic Management Smart Urban Mobility Safety & Security Connected Cars ETC Highway Smart Parking Road Safety Enforcement V2X Automotive T-Systems | Autostrade Delcan | Q-Free | SwRI IPS Group | Worldsensing Redflex | Jenoptik | Sensys Delphi | Denso | Continental Q-F
Slide 16: Promissory note bond
Promissory note bond. 2016 2021 Corner stones of the transaction Issue EUR 26mn EUR 62.0mn 1.22% p.a Volume: EUR 62mn + USD 14.5mn USD 14.5mn EUR 4.5mn 3 tenors (5/7/10 years) 6M EURIBOR + 120bps Partially fixed interest, partially variable USD 14.5mn Rationale: 3M LIBOR + 170bps ▪ Diversified inves
Slide 17: Corporate milestones
Corporate milestones. 125 years in the ever-changing electronic industry. 1892 1991 2002 2007 2011 2016 Kapsch founded Toll collection division Activities structured in IPO of Capital Acquisition of KTT within Kapsch AG three autonomous Kapsch TrafficCom increase (Schneider Electric organizations: T
Slide 18: References in more than 50 countries
References in more than 50 countries. EMEA All figures in EUR mn Q1 % unless otherwise stated 2017/18 of total Revenues 106.6 65% Global All figures in EUR mn Q1 % thereof ETC 86.0 52% unless otherwise stated 2017/18 of total thereof IMS 20.6 13% Revenues 164.3 thereof ETC 123.4 75% thereof IMS 40.9
Slide 19: We make mobility solutions intelligent
We make mobility solutions intelligent to . enable users to arrive at their destination ❖ comfortably, ❖ on time, ❖ safely, ❖ efficiently, and ❖ with minimal environmental impact.