Slide 1: Results for Q1 2016/17
Kapsch TrafficCom Results for Q1 2016/17. 24 August 2016
Slide 2: Highlights
Highlights. Acquired transportation business of Schneider Electric; named Kapsch TrafficCom Transportation (KTT). Issued a “Schuldscheindarlehen” (borrower’s note loan). Acquisition of minority stake in Czech “Kapsch Telematic Services”. New business success and solid pipeline. Net credit of EUR 15.
Slide 3: Earnings overview
Earnings overview. All figures in EUR mn Q1 Q1 FY unless otherwise stated +/- 2016/17 2015/16 2015/16 Revenues 152.3 30% 117.1 526.1 EBITDA 21.8 29% 16.9 76.9 EBITDA margin 14.3% (0.1%p) 14.4% 14.6% EBIT 17.6 38% 12.8 62.3 EBIT margin 11.6% 0.6%p 10.9% 11.9% Profit before tax (PBT) 17.3 15% 15.0 54.
Slide 4: Earnings: Revenues
Earnings. Revenues In EUR mn 152.3 160 6% Austria 140 117.1 40 26% 23% 120 EMEA (excl. 16% 19 +108% 74% 100 IMS Austria) 84% 80 ETC Americas 46% 60 112 98 APAC 40 26% +15% 20 00 Q1 2015/16 Q1 2016/17 Key developments Revenues by region Revenues by segment First-time consolidation of KTT business. Ch
Slide 5: Earnings: EBIT
Earnings. EBIT All figures in EUR mn Q1 Q1 unless otherwise stated +/- 2016/17 2015/16 Revenues 152.3 30% 117.1 Includes EUR 3mn badwill from KTT acquisition and EUR 2.3 mn FX gains. Other operating income 9.2 3.3 Changes in finished and unfinished Additional ~900 KTT employees; now total of 4,659 1
Slide 6: Earnings: Financial result, taxes, non-controlling interests
Earnings. Financial result, taxes, non-controlling interests All figures in EUR mn Q1 Q1 unless otherwise stated +/- 2016/17 2015/16 EBIT 17.6 38% 12.8 Included (non-recurring) EUR 3.4mn gains from the sale of securities. Finance income 2.6 5.4 Interest income EUR 1.5mn Finance costs (2.9) (3.1) FX
Slide 7: Other key financials
Other key financials. Balance sheet total Investments Free cash flow Net credit/debt and equity ratio The increase resulted from the The free cash flow declined by Despite M&A, KTC still holds Borrower’s note loan (extension acquisition of KTT and 6% and this also relates to the a net credit. Measur
Slide 8: Consolidation of Kapsch TrafficCom Transportation
Consolidation of Kapsch TrafficCom Transportation. Impact on Q1 results Impact on the P&L Impact on the balance sheet* Other Revenues EUR +24.9mn Property, plant & equipment EUR 0.7mn Number of KTC Group employees thereof ETC EUR +5.7mn Intangible assets EUR 5.2mn up by 895. thereof IMS EUR +19.2mn
Slide 9: Acquisition of non-controlling stake
Acquisition of non-controlling stake. Kapsch Telematic Services spol. s.r.o. Kapsch Telematic Services spol. s r.o., Prague, is the company which is responsible for the operations of the nationwide electronic toll collection system in the Czech Republic. KTC held 52% and acquired the remaining 48% i
Slide 10: Borrower's note loan
Borrower’s note loan. Successful issue. 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 6M EURIBOR + 120bps 3 tenors (5/7/10 years). USD 14.5mn Partially fixed interest, partially variable. 3M LIBOR + 170bps Rationale:
Slide 11: Thank you for your attention
Thank you for your attention. Dr. Ulrike Klemm-Pöttinger Hans Lang EVP Finance Investor Relations Officer Kapsch TrafficCom Kapsch TrafficCom Kapsch TrafficCom Kapsch TrafficCom Am Europlatz 2 Am Europlatz 2 1120 Vienna, Austria 1120 Vienna, Austria P: +43 50 811 2800 P: +43 50 811 1122 E-Mail: ulri
Slide 12: Appendix
kapsch >> challenging limits Appendix.
Slide 13: Q1 results: P&L
Q1 results. P&L 24 Aug. 2016 | KTC: Results Q1 2016/17 www.kapsch.net | 13
Slide 14: Q1 results: Balance sheet
Q1 results. Balance sheet 24 Aug. 2016 | KTC: Results Q1 2016/17 www.kapsch.net | 14
Slide 15: Q1 results: Shareholders' equity
Q1 results. Shareholders‘ equity 24 Aug. 2016 | KTC: Results Q1 2016/17 www.kapsch.net | 15
Slide 16: Q1 results: Cash flow from operations
Q1 results Cash flow statement: Cash flow from operations 24 Aug. 2016 | KTC: Results Q1 2016/17 www.kapsch.net | 16
Slide 17: Q1 results: Cash flow statement, cont'd
Q1 results Cash flow statement, cont‘d 24 Aug. 2016 | KTC: Results Q1 2016/17 www.kapsch.net | 17
Slide 18: 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