Slide 1: Investor Presentation
Untertitel der Präsentation Investor Presentation. Challenging the limits of mobility for a healthy world without congestion. December 2023
Slide 2: Disclaimer
Investor presentation | December 2023 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
Investor presentation | December 2023 3 Company profile. Products and services / Reporting segments. Leading provider of Intelligent 100+ offices in 25+ Intelligent Transportation Solutions Transportation Solutions (ITS), countries with ~4,000 Tolling* 73% Traffic Management* 27% electronic tolling
Slide 4: Products and services / Reporting segments
Investor presentation | December 2023 4 Products and services / Reporting segments. Tolling. Reporting segments. Traffic management. Tolling 73% Traffic Management 27% Combines conventional traffic manage- Pioneer and technology forerunner in Reporting segment Reporting segment ment with smart traff
Slide 5: Regional focus markets
Investor presentation | December 2023 5 Regional focus markets. Globally renowned provider with successful projects in more than 50 countries. Regional focus in North- Americas* 45% EMEA* 49% Europe, Middle East, South Africa and Latin America, Europe, North- and Latin America 100+ offices in 25+ Mi
Slide 6: Market volume
Investor presentation | December 2023 6 Market volume. Target market and expected market development. Addressable market 2022/23. KTC‘s addressable market 2022/23–2027/28. In € billion In € billion 8 7.2 Demand management 30 0.4 +40.4% p.a. Total market 2022: Tolling services Intelligent Transportat
Slide 7: Market drivers
Investor presentation | December 2023 7 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 populat
Slide 8: Business model
Investor presentation | December 2023 8 Business model. One-stop-shop solutions cover the entire value chain of customers. Services offered as end-to-end solutions in Intelligent Transportation Solutions High degree of flexibility for one stop shop approach; responding to customer needs: Tolling Tra
Slide 9: Strategy 2027
Investor presentation | December 2023 9 Strategy 2027. Leading position in future markets of tolling and traffic management, expand into adjacent business and invest in technology. Optimization and expansion Expansion into adjacent Investment in future of existing business. business areas. technolog
Slide 10: Sustainability as the basis
Investor presentation | December 2023 10 Sustainability as the basis. Challenging the limits of mobility for a healthy world without congestion. Transportation solutions for sustainable mobility. Organization. Tolling: Distance-based tolls improve transport efficiency. ESG task force with 9 employ
Slide 11: ESG Headlines
Investor presentation | December 2023 11 ESG Headlines. Five phases. Highlights 2022/23. Austria's Leading Improved ranking in Green Gantry (wooden People Strategy Anti-corruption Companies Award 2022 in Carbon Disclosure tolling gantry) in test further developed to control mechanisms Research & Dev
Slide 12: The emergence of Kapsch TrafficCom until the IPO in June 2007
Investor presentation | December 2023 12 The emergence of Kapsch TrafficCom until the IPO in June 2007. About 130 years in the ever-changing electronic industry. 1892 1991 1995 1999 2002 2004 2007 Kapsch founded Tolling division at First large contract in Pioneer in Electronic Kapsch TrafficCom Firs
Slide 13: Unique selling proposition
Investor presentation | December 2023 13 Unique selling proposition. What makes Kapsch TrafficCom unique? Domain know-how. Innovator. One-stop-shop. Global player. Only real global player in ITS industry About 130 years in the electronics industry (best practice, risk diversification) Close to custo
Slide 14: Kapsch TrafficCom share
Investor presentation | December 2023 14 Kapsch TrafficCom share. Shareholder structure. Institutional investors by region. Research coverage*. Erste Group Buy € 15.10 RBI (Raiffeisen Bank International) Buy € 15.00 ODDO BHF/FMR Buy € 15.80 Source: Shareholder survey from April 2023 * As per Decembe
Slide 15: Share price development (12 months)
Investor presentation | December 2023 15 Share price development (12 months). Kapsch TrafficCom and ATX Prime. 120 110 Settlement in Germany 103 100 Q1-3 90 FY Annual General Meeting 80 Q1 71 70 H1 60 12 01 02 03 04 05 06 07 08 09 10 11 2022 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 ATX
Slide 16: Results for Financial Year 2022/23
Untertitel der Präsentation dfhg Results for Financial Year 2022/23. June 14, 2023.
Slide 17: Headlines
Results for Financial Year 2022/23 | June 14, 2023 17 Headlines. Five phases. Financial Year (FY) 2022/23 (April 1, 2022 to March 31, 2023). Revenues increased Double-digit growth Decline in EBIT to Focus on costs, Outlook FY 2023/24:* by 7% to EUR 553 in the regions EUR 8 million despite liquidity
Slide 18: Key figures
Results for Financial Year 2022/23 | June 14, 2023 18 Revenues Result for period (attributable to equity holders) € 553.4mn (+6.5% ) € -24.8mn (> -100% ) FY 2021/22: € 519.8mn FY 2021/22: € -9.3mn EBIT Net debt (March 31, 2023) € 7.6mn (-31.1% ) € 186.3mn (+17.7% ) FY 2021/22: € 11.0mn Key figur
Slide 19: Revenues increased by 7% to € 553mn
Results for Financial Year 2022/23 | June 14, 2023 19 Revenues increased by 7% to € 553mn. Previous year: € 520mn. Segments. Regions. Business type. Tolling revenues increased by 9%. Strong growth in Americas and APAC. Growth in all business areas. Tolling EMEA Operations 73% 49% 54% € 403mn ( +9.1
Slide 20: Growth in the Americas and APAC regions driven by tolling segment
Results for Financial Year 2022/23 | June 14, 2023 20 Growth in the Americas and APAC regions driven by tolling segment. Revenue growth in tolling segment with negative EBIT and traffic management at constant revenue level. Tolling. Traffic Management. FY FY FY FY All figures in € mn unless otherwis
Slide 21: Financial indicators reflect challenges of past year
Results for Financial Year 2022/23 | June 14, 2023 21 Financial indicators reflect challenges of past year. Negative free cash flow, increased net debt, increased gearing and lower equity ratio. All figures in € mn unless otherwise stated. Revenues. EBITDA, EBITDA margin. EBIT, EBIT margin. Result f
Slide 22: Ordinary Annual General Meeting 2023
Untertitel der Präsentation dfhg Ordinary Annual General Meeting 2023. September 6, 2023.
Slide 23: Settlement in Germany significantly improves financial indicators
Ordinary Annual General Meeting 2023 | September 6, 2023 23 Settlement in Germany significantly improves financial indicators. Report of CEO: Pro forma simulation of impact on balance sheet as of June 30, 2023. Further changes are possible. Source: Corporate release on September 6, 2023 Net debt, ge
Slide 24: Summary of resolutions
Ordinary Annual General Meeting 2023 | September 6, 2023 24 Summary of resolutions. Resolutions passed in Annual General Meeting of Kapsch TrafficCom AG on September 6, 2023. 1. Approval of the actions of the members of the Executive Board and the members of the Supervisory Board in office in financ
Slide 25: Authorized capital
Ordinary Annual General Meeting 2023 | September 6, 2023 25 Authorized capital. Resolution passed in Annual General Meeting of Kapsch TrafficCom AG on September 6, 2023. ▪ The Executive Board is authorized, with the consent of the Supervisory Board: ▪ to increase the share capital of the Company wit
Slide 26: Result for first half of 23/24
Untertitel der Präsentation dfhg Result for first half of 2023/24. November 15, 2023.
Slide 27: Headlines
Result for H1 2023/24 | November 15, 2023 27 Headlines. Five phases. H1 2023/24 (April 1, 2023 to September 30, 2023). Cash inflow from settle- Settlement with EBIT effect Financial position Solid basis for the Further reduction of ment in Germany. of € 72mn. significantly improved. future. debt. ▪
Slide 28: Selected key data
Result for H1 2023/24 | November 15, 2023 28 Revenues Result for period (attributable to equity holders) € 266.4mn (+0.6% ) € 46.6mn () H1 2022/23: € 264.8mn H1 2022/23: € 0.3mn EBIT Net debt (Sept. 30, 2023) € 73.1mn (> 500% ) € 141.7mn (-23.9% ) H1 2022/23: € 4.7mn Selected March 31, 2023: € 1
Slide 29: Cash inflow from settlement in Germany
Result for H1 2023/24 | November 15, 2023 29 Cash inflow from settlement in Germany. Financial position significantly improved. Joint venture autoTicket received € 243mn in compensation from the Federal Republic of Germany. Effects for Kapsch TrafficCom as of September 30, 2023: Cash inflow of € 79.
Slide 30: Revenues of € 266mn at previous year's level
Result for H1 2023/24 | November 15, 2023 30 Revenues of € 266mn at previous year's level. Adjusted for customer credit in the first quarter, revenues of € 272mn are 4% higher than in the previous year. Segments. Regions. Business type. Traffic management grows by 12%, Recovery in the EMEA region, c
Slide 31: Segments: Visible growth in traffic management
Result for H1 2023/24 | November 15, 2023 31 Segments: Visible growth in traffic management. EBIT in the tolling segment increased extraordinarily due to cash inflow from settlement in Germany. Tolling segment. Traffic management segment. H1 H1 H1 H1 All figures in € mn unless otherwise stated 2022/
Slide 32: Key financial indicators significantly improved due to cash inflow from Germany
Result for H1 2023/24 | November 15, 2023 32 Key financial indicators significantly improved due to cash inflow from Germany. Increase in equity ratio to 19% and significantly lower debt: gearing down to 153%. Net investment. Free cash flow. Net debt, gearing. Total assets, equity ratio. 10 60 250 8
Slide 33: Corporate development
Result for H1 2023/24 | November 15, 2023 33 Corporate development. Goal is to achieve a longer-term minimum level of net debt to EBITDA of 3.0x. Systematic restructuring is proving effective but result still dampened. Restructuring shows impact but is currently still overshadowed by increased cos
Slide 34: Outlook
Result for H1 2023/24 | November 15, 34 2023 Outlook. Financial year 2023/24. Focus on new business, costs, liquidity and financial indicators. Revenue growth in single-digit percentage range. 2022/23: € 553.4mn Significant improvement in operating result (EBIT). 2022/23: € 7.6mn
Slide 35: Investor Relations contacts
Investor presentation | December 2023 35 Marcus Handl Investor Relations Officer Valerie Riegler 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 this presentatio