Slide 1: Investor Presentation January 2018
Kapsch TrafficCom Investor Presentation. January 2018.
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 financial parameter 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
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 – ETC
Business model – ETC. 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 enforc
Slide 6: Portfolio
Portfolio. Integrated mobility solutions provider. Jan 2018 | Investor Presentation www.kapschtraffic.com | 6
Slide 7: Financials: Earnings overview
Financials. Earnings overview. All figures in EUR mn unless otherwise stated 2016/17 H1 2016/17 H1 2017/18 +/- Revenues by Region H1 2017/18 Revenues 648.5 305.4 339.8 11% 29% EBITDA 77.8 37.4 32.8 -12% 66% EBITDA margin 12% 12% 10% -2.6%p 5% EBIT 60.1 28.7 25.3 -12% EMEA Americas APAC EBIT margin 9
Slide 8: Other key financials
Other key financials. Balance sheet total Net investments Free cash flow Net credit/debt and equity ratio 14 50 30 700 12 40 600 648.8 639.1 12.3 42.6 20 609.5 10 19.6 500 30 in EUR mn in EUR mn in EUR mn in EUR mn 10.4 8 10 400 20 34% 35% 35% 6 0 300 17.0 10 -0.5 4 200 0 -10 2 2.4 -1.0 -15.7 100 20
Slide 9: Segment results
Segment results. ETC accounts for 77% of total revenues, IMS 23%. Key financials Revenues by region Revenues by type All figures in EUR mn H1 H1 All figures in EUR mn H1 H1 unless otherwise stated 2016/17 2017/18 +/- unless otherwise stated 2016/17 2017/18 +/- 25% Revenues 224.9 260.7 16% Design & b
Slide 10: Outlook FY 2017/18
Outlook. FY 2017/18. Revenue growth of 10%. Achieving last year’s EBIT, adjusted for a one-off effect (badwill from KTT acquisition: EUR 3.0 million) and for charges from exchange rate fluctuations, will be a challenge. Equity ratio should increase following the redemption of the corporate bond: ▪ T
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 Source: Shareholder survey from March 2017, participation notifications, estimation by Kapsch TrafficCom AG Basic information Select event
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. Hans Lang Investor Relations Officer Kapsch TrafficCom Kapsch TrafficCom AG Am Europlatz 2 1120 Vienna, Austria P: +43 50 811 - 1122 E-Mail: hans.lang@kapsch.net www.kapschtraffic.com/ir Please Note: The content of this presentation is the intellectual property of Kapsc
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: References in more than 50 countries
References in more than 50 countries. EMEA All figures in EUR mn H1 % unless otherwise stated 2017/18 of total Global Revenues 223.9 66% All figures in EUR mn H1 % thereof ETC 181.5 53% unless otherwise stated 2017/18 of total thereof IMS 42.4 12% Revenues 339.8 thereof ETC 260.7 77% thereof IMS 79.
Slide 17: 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 18: Large project in Zambia
Large project in Zambia. Overview. About the project Republic of Zambia Nation-wide concession contract to improve road safety and Capital: Lusaka traffic management. Official language: English Main components: GDP (PPP)/cap: USD 3,900 Currency: Zambian Kwacha (ZMW) ▪ Vehicle inspection, Exchange ra
Slide 19: Large project in Bulgaria
Large project in Bulgaria. Overview. About the project Contract to design and build nation-wide tolling System. 19 Satellite technology for trucks over 3.5 tons. Republic of Bulgaria eVignette for passenger cars. Capital: Sofia Official language: Bulgarian Tolls collected on all class I, II, and III
Slide 20: 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 21: 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.