Slide 1: Investor Presentation
Untertitel der Präsentation Investor Presentation. Challenging the limits of mobility for a healthy world without congestion. February 2025
Slide 2: Disclaimer
Investor presentation | February 2025 2 Disclaimer. This presentation is made by Kapsch TrafficCom AG (“Kapsch TrafficCom”) solely for use at Forward-looking statements involve known and unknown risks, uncertainties and other this presentation. It is furnished to you solely for your information and
Slide 3: Company profile. Products and services.
Investor presentation | February 2025 3 Company profile. Products and services. Leading provider of Intelligent Offices in 25+ countries Intelligent Transportation Solutions Market Total Transportation Solutions (ITS) with ~4,000 employees and Support and optimize traffic (including infrastructure,
Slide 4: Market overview
Investor presentation | February 2025 4 Market overview. Intelligent Transportation Solutions (ITS) market comprises eight market segments with traffic management as largest segment and North America as largest region. Across all ITS market segments, hardware offering has a proportion of 54%. Inputs
Slide 5: Business overview
Investor presentation | February 2025 5 Business overview. 70% of revenues is generated with tolling (30% with traffic management), 56% with operations of systems (28% with implementation of systems and 16% with components) and 52% in EMEA (43% in Americas and 5% in APAC). Tolling. Business segments
Slide 6: Financial performance in last 10 years
Investor presentation | February 2025 6 Financial performance in last 10 years. Last 10 years showed strong revenue growth in initial 5 years followed by downturn in last 5 years, with EBIT margin decreasing from historic level of 7 to 12% to negative peak in 2021/21, burdening balance sheet and cas
Slide 7: Key investment highlights
Investor presentation | February 2025 7 Key investment highlights. Sustainable business model with products and solutions that address the major challenges in the transportation sector – road infrastructure, efficiency, environmental impact and safety. Globally renowned provider of Intelligent Trans
Slide 8: Company Background
Untertitel der Präsentation dfhg Company Background.
Slide 9: History of Kapsch
Investor presentation | February 2025 9 History of Kapsch. Kapsch can look back on almost 130 years of history and has always been a family-run company since its foundation - currently in its fourth generation. Johann Kapsch founds a Kapsch starts Entry into the manufacture of Equipping telecommunic
Slide 10: Business segments
Investor presentation | February 2025 10 Business segments. Intelligent Transportation Solutions (ITS) in the business segments of tolling and traffic management. Tolling. Traffic management. Revenue share 2023/24: 70% Revenue share 2023/24: 30% Design, development, manufacturing, implementation and
Slide 11: Business model
Investor presentation | February 2025 11 Business model. End-to-end solutions as a one-stop shop with in-house production of hardware and software with a high degree of flexibility covering the entire value chain of customers. Services offered as end-to-end solutions in Intelligent Transportation So
Slide 12: Back office systems, software solutions and platforms
Investor presentation | February 2025 12 Back office systems, software solutions and platforms. Past investment in the expansion of software solutions and platforms make Kapsch TrafficCom already much more to a provider of software and services, although predominantly perceived as a hardware provide
Slide 13: Value-add
Investor presentation | February 2025 13 Value-add. Globally renowned provider of end-to-end tolling and traffic management solutions with excellent brand recognition and a reputation as a technology, quality and thought leader. Input. Our Value-Add. Output. Employees Customer proximity Loyal, compe
Slide 14: Unique selling proposition
Investor presentation | February 2025 14 Unique selling proposition. Kapsch TrafficCom solutions enable users to arrive at their destination conveniently, on time, safely, efficiently, and with minimal environmental impact. Domain know-how. Innovator. One-stop shop. Global player. Only real global p
Slide 15: Customers groups
Investor presentation | February 2025 15 Customers groups. Tailor-made end-to-end solutions to public authorities (B2G), companies / business customers (B2B) and to a certain extent consumers (B2C). Customer groups. Applications. Customer base Municipalities (B2G) Tolling consists mainly of 95%
Slide 16: Regional focus markets
Investor presentation | February 2025 16 Regional focus markets. Global player with offices in more than 25 countries with ~4,000 employees and regional focus in North- and Latin America, Europe, Middle East, South Africa, Oceania and Southeast Asia. Regional focus in North- Americas* 43% EMEA* 52%
Slide 17: Successful projects in tolling
Investor presentation | February 2025 17 Successful projects in tolling. State-of-the-art toll solutions from Kapsch TrafficCom are used in infrastructures all over the world. Nationwide heavy Customer service for Tolling components for the vehicle fee (LSVA). nationwidetolling system fully electron
Slide 18: Successful projects in traffic management
Investor presentation | February 2025 18 Successful projects in traffic management. Global Player with successful tolling and traffic management projects in more than 50 countries. National traffic management Demand management- US 75 Integrated corridor centers. system "Grüne Welle". management. Vie
Slide 19: Market volume
Investor presentation | February 2025 19 Market volume. Total ITS market reaches a volume of €30bn, Kapsch market segments account for 44% (€13.3bn). Kapsch Total Addressable Market reaches a volume of €6.4bn growing at 7.9% p.a. between 2023 and 2030., slightly slower than Total Market at 8.3% p.a.
Slide 20: Market drivers
Investor presentation | February 2025 20 Market drivers. Traffic infrastructure demand & funding. Ecological footprint. Growing car park and traffic volumes European Green Deal E-vehicles → lower fuel tax income CO2, particulate matter, noise Urbanization. Connected mobility. 60% of popula
Slide 21: Strategy until 2027
Investor presentation | February 2025 21 Strategy until 2027. Strategy is currently under review. Optimization and expansion Expansion into adjacent Investment in future of existing business. business areas. technologies. We focus on our core competencies of The expansion into adjacent business area
Slide 22: Sustainability as the basis
Investor presentation | February 2025 22 Sustainability as the basis. Contribute to a healthy world without congestion with innovative solutions for transport and traffic. Transportation solutions for sustainable mobility. Organization. Tolling: Distance-based tolls improve transport efficiency. E
Slide 23: ESG Headlines
Investor presentation | February 2025 23 ESG Headlines. Five phases. Kapsch TrafficCom is challenging the limits of mobility for a healthy world without congestion with minimum traffic burden. Highlights 2023/24. Material sustainability Central data hub Green gantry (wooden People strategy Anti-corr
Slide 24: Kapsch TrafficCom share
Investor presentation | February 2025 24 Kapsch TrafficCom share. KAPSCH-Group Beteiligungs GmbH is the majority shareholder of KTC AG, which is listed on the Prime Market in Vienna. Shareholder structure. Institutional investors by region. Research coverage*. Erste Group Buy € 10.00 RBI (Raiffeisen
Slide 25: Share price development in last 12 months
Investor presentation | February 2025 25 Share price development in last 12 months. KTC AG shares could not keep up with the ATX Prime benchmark in the last 12 months, but analysts' price targets consistently point to significant upside potential. 130 120 114 Capital increase 110 100 H1 Q1-3 FY 90 Q
Slide 26: Result for the financial year 2023/24
Untertitel der Präsentation dfhg Result for the financial year 2023/24. June 19, 2024.
Slide 27: Headlines
Result for the financial year 2023/24 | June 19, 2024 27 Headlines. Five phases. Financial year (FY) 2023/24 (April 1, 2023 to March 31, 2024). Project successes Result from operating Key financial Settlement agreement Outlook 2024/25: strengthen future activities (EBIT) indicators show in Germany s
Slide 28: Selected key data
Result for the financial year 2023/24 | June 19, 2024 28 Revenues Result for period (attributable to equity holders) € 538.8mn (-2.6% ) € 23.2mn () FY 2022/23: € 553.4mn FY 2022/23: € -24.8mn EBIT Net debt (March 31, 2024) € 70.3mn (> +500% ) FY 2022/23: € 5.2mn1) Selected € 106.0mn (-43.1% ) Ma
Slide 29: Significant events FY 2023/24
Result for the financial year 2023/24 | June 19, 2024 29 Significant events FY 2023/24. Solid basis: financial position significantly improved and project successes achieved. Joint venture autoTicket received Milestones in existing projects. compensation of € 243 million from Germany. Invoiced reven
Slide 30: Revenues of € 539 million are 3% below the previous year
Result for the financial year 2023/24 | June 19, 2024 30 Revenues of € 539 million are 3% below the previous year. Customer credit, accrued revenues and margin value adjustments reduced net revenues, but invoiced revenues increased by 1.5% to € 557.8 million. Segments. Regions. Business types. Traff
Slide 31: Segments: Visible growth in traffic management
Result for the financial year 2023/24 | June 19, 2024 31 Segments: Visible growth in traffic management. EBIT in the tolling segment shows cash inflow from Germany, but margin value adjustments from projects to be completed. Tolling segment. Traffic management segment. FY FY FY FY All figures in € m
Slide 32: EBIT influenced by several one-time effects; adjusted at € 15 million
Result for the financial year 2023/24 | June 19, 2024 32 EBIT influenced by several one-time effects; adjusted at € 15 million. Adjusted for the one-time effects of the settlement agreement in Germany, the project margin adjustments, the customer credit note and restructuring, EBIT would have amount
Slide 33: Result attributable to equity holders of € 23 million
Result for the financial year 2023/24 | June 19, 2024 33 Result attributable to equity holders of € 23 million. Financial result decreased primarily due to higher interest expenses and one-time costs in connection with the restructuring of financing. Net interest effect (Change over previous year) €
Slide 34: Key financial indicators significantly improved
Result for the financial year 2023/24 | June 19, 2024 34 Key financial indicators significantly improved. Equity ratio increased from 11% to 19%, net debt and gearing significantly reduced. Net investment. Free cash flow. Net debt, gearing. Total assets, equity ratio. 6 5.3 120 200 186 600 4.9 106 5
Slide 35: Result for the first three quarters of 2024/25
Untertitel der Präsentation dfhg Result for the first three quarters of 2024/25. February 19, 2025.
Slide 36: Headlines
Result for the first three quarters of 2024/25 | February 19, 2025 36 Headlines. Five phases. Q1-Q3 2024/25 (April 1, 2024 to December 31, 2024). Revenue increase EBIT reached Free cash flow of EUR Encouraging Outlook for financial year of 3% from EUR 6 million despite 24 million. development in the
Slide 37: Selected key data
Result for the first three quarters of 2024/25 | February 19, 2025 37 Revenues Result for period (attributable to equity holders) € 410.6m (+2.6% ) € -7.1m () Q1-Q3 2023/24: € 400.0m Q1-Q3 2023/24: € 38.3m EBIT Net debt (Dec. 31, 2024) € -5.9m (-91.7% ) Q1-Q3 2023/24: € 71.9m1) Selected € 97.2m (
Slide 38: Revenue growth of 3% to € 410.6 million
Result for the first three quarters of 2024/25 | February 19, 2025 38 Revenue growth of 3% to € 410.6 million. Completed implementation projects, extended operation contracts and numerous new projects. Segments. Regions. Business types. Tolling grew by 10%, traffic management EMEA stable, growth in
Slide 39: Segments: Visible growth in tolling segment
Result for the first three quarters of 2024/25 | February 19, 2025 39 Segments: Visible growth in tolling segment. Deconsolidation had an impact of € -6.9 million on the traffic management segment and the EMEA region; shares of revenues and earnings no longer apply compared to the previous year. Tol
Slide 40: Improvement in operating business, especially in Q3
Result for the first three quarters of 2024/25 | February 19, 2025 40 Improvement in operating business, especially in Q3. Earnings only partially comparable: Positive effect from Germany of € +72.0 million in the previous year, while deconsolidation had a negative impact on EBIT totaling € -6.9 mil
Slide 41: Result attributable to equity holders of € -7.1 million
Result for the first three quarters of 2024/25 | February 19, 2025 41 Result attributable to equity holders of € -7.1 million. One-off increase in profit for the period attributable to non-controlling interests. Q1-Q3 Q1-Q3 All figures in € m unless otherwise stated 2023/24 2024/25 +/- Key influenci
Slide 42: Key financial figures show operational improvement
Result for the first three quarters of 2024/25 | February 19, 2025 42 Key financial figures show operational improvement. Free cash flow positive, gearing and equity ratio improved. Net investment. Free cash flow.1) Net debt, gearing. Total assets, equity ratio. 10 150 200 300% 800 8 250% 106 150 13
Slide 43: Outlook
Result for the first quarter of 2024/25 | 43 August 21, 2024 Outlook. Financial year 2024/25. Focus on costs and further reduction of net debt. Revenue growth above market growth. Forecasted average annual market growth from 2024 to 2030: 7.5%1) Slight improvement in adjusted operating result (EBIT)
Slide 44: Investor Relations contacts
Result for the financial year 2023/24 | June 19, 2024 44 Marcus Handl Investor Relations Officer Valerie Riebner Investor Relations Manager Kapsch TrafficCom AG Am Europlatz 2 1120 Vienna, Austria www.kapsch.net/ir Email: IR.kapschtraffic@kapsch.net Phone: +43 50811 1122 Please note: The content of