Slide 1: Investor Presentation
Kapsch TrafficCom Investor Presentation. October 2018.
Slide 2: Kapsch: 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 Four key entities ▪ Kapsch TrafficCom – KTC (Intelligent Transportation Systems) ▪ Kapsch BusinessCom (ICT solutions for enterprises and public Kapsch: Tradition meets Future
Slide 3: Kapsch TrafficCom At a glance
Kapsch TrafficCom. At a glance. Provider of Intelligent Solid financial parameter Mobility Systems ❖ Revenues ~EUR 700mn ❖ Tolling ❖ EBIT ~EUR 50mn (Electronic Toll Collection – ETC) ❖ Sustainable dividend policy: ❖ Mobility (Intelligent Mobility Solutions – IMS) Base dividend of EUR 1.-- Global pla
Slide 4: Portfolio of solutions
Portfolio of solutions. Integrated mobility solutions provider – financial segmentation. Tolling (ETC) Intelligent Mobility Solutions (IMS) Electronic toll collection Plaza tolling Traffic management Traffic safety & security Multi-lane free-flow Stand-alone manually operated Highway traffic managem
Slide 5: Business overview – electronic toll collection
Business overview – electronic toll collection. 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 registra
Slide 6: Characteristics of the IMS segment
Characteristics of the IMS segment. At a glance. Broad set of solutions and services addressing different aspects of traffic/mobility. DYNAC® traffic management software ▪ Some offerings are already fairly mature (e.g. traffic management). ▪ Others are investments into future growth (e.g. connected
Slide 7: From tolling to intelligent mobility solutions
From tolling to intelligent mobility solutions. Kapsch TrafficCom – continuously reducing the risk profile. 2007/08 (IPO) 2012/13 2017/18 In the 2020s Mainly tolling business Mainly tolling business Mainly tolling business ETC and traffic New Only a few customers Strong ETC growth Customer base cust
Slide 8: Q1 2018/19 and beyond: Highlights
Q1 2018/19 and beyond. Highlights. Switzerland: Contract for the modernization and maintenance of the truck toll system. Austria: Modernization of nation-wide truck toll system has been concluded. Zambia: Full consolidation from September 2018. New business opportunities: Decisions regarding a numbe
Slide 9: Q1 2018/19 Segment results
Q1 2018/19. Segment results: ETC accounts for 76% of total revenues, IMS 24%. 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 2018/19 +/- unless otherwise stated 2017/18 2018/19 +/- 26% Revenues 123.4 119.6 -3
Slide 10: Q1 2018/19 Other key financials
Q1 2018/19. Other key financials. Balance sheet total Net CAPEX Free cash flow Net cash/debt and equity ratio 10 35 25 700 30 33.1 20 600 643.0 8 8.8 25 621.1 614.8 20 15 500 in EUR mn in EUR mn in EUR mn in EUR mn 16.2 6 15 13.4 10 400 10 36.2% 37.0% 37.6% 4 5 5 300 0 0 200 2 -5 -4.3 -5.8 -5 100 1.
Slide 11: Medium-term goals
Medium-term goals. Revenues Growing in both segments Grow stronger than the market Higher growth rates for IMS in the long run EBIT margin ETC: comfortably >10% IMS: in good environment, 8% possible Group: > 10% Oct 2018 | Investor Presentation www.kapschtraffic.com | 11
Slide 12: USP
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 Only real global player in ETC ▪ Best practice ▪ Risk diversification A leading position in our core business Size and financial stab
Slide 13: Kapsch TrafficCom share
Kapsch TrafficCom share. Shareholder structure Institutional investors by region Source: Shareholder survey from March 2018, participation notification, estimates by Kapsch TrafficCom. Basic information Select events Listed in Prime Market segment at the November 21, 2018 H1 2018/19 results Vienna S
Slide 14: 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 15: Thank you for your attention
Thank you for your attention. Kapsch TrafficCom Kapsch TrafficCom AG Am Europlatz 2 1120 Vienna, Austria P: +43 50 811 - 0 ir.kapschtraffic@kapsch.net www.kapschtraffic.com/ir Please Note: The content of this presentation is the intellectual property of Kapsch AG and all rights are reserved with res
Slide 16: Overview: Major project – Zambia
Overview: Major project. Road safety and traffic management in Zambia. About the project Republic of Zambia Capital: Lusaka Nation-wide concession contract to improve road safety and traffic Official language: English management. GDP (PPP)/cap*: USD 3,933 Currency: Zambian Kwacha (ZMW) Main componen
Slide 17: Overview: Major project – Bulgaria
Overview: Major project. Nation-wide tolling system in Bulgaria. About the project Republic of Bulgaria Capital: Sofia Contract to design and build nation-wide tolling system. Official language: Bulgarian GDP (PPP)/cap*: USD 19,242 Satellite technology for trucks over 3.5 tons. Currency: Lev (BGN) P
Slide 18: Overview: Major project – Maryland
Overview: Major project. Tolling in Maryland (USA). About the project Maryland Capital: Annapolis Contract to replace and maintain all roadside tolling equipment in the Currency: US dollar (USD) mixed-mode, cash, and express toll lanes under management of the Population: 6.1 million Maryland Transpo
Slide 19: Overview: Major project – Port Authority NY/NJ
Overview: Major project. Port Authority of New York and New Jersey (USA). About the projects Port Authority of New York and New Jersey 1. Tolling (2016) Replace the toll collection system at all bridges and tunnels and ongoing system maintenance. Term: Upon completion, maintenance for a 6-year perio
Slide 20: References in more than 50 countries
References in more than 50 countries. EMEA All figures in EUR mn % unless otherwise stated 2017/18 of total Global Revenues 441.9 64% All figures in EUR mn % thereof ETC 346.8 50% unless otherwise stated 2017/18 of total thereof IMS 95.1 14% Revenues 693.3 thereof ETC 521.6 75% thereof IMS 171.6 25%
Slide 21: Promissory note bond & long-term bank loan
Promissory note bond & long-term bank loan. 2016 2021 Corner stones of the promissory note bond Promissory note bond PNB: EUR -26mn (PNB) Issued 2016 1.22% p.a EUR 62.0mn PNB: EUR -4.5mn Volume: EUR 62mn + USD 14.5mn USD 14.5mn 6M EURIBOR + 120bps 3 tenors (5/7/10 years) PNB: USD -14.5mn Partially f
Slide 22: Corporate milestones
Corporate milestones. More than 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 Acquired the Morse telegraph devices within Kapsch three autonomous Kapsch TrafficCom increase transportat
Slide 23: We make traffic solutions intelligent
We. make traffic solutions intelligent. Why is this so important to us? ❖ Because we want you to reach your destination quickly, comfortably, and safely. ❖ Because we want to enable our customers to provide the very best service at a low cost. ❖ Because we want to protect the environment.