Slide 1: Kapsch TrafficCom Investor Presentation November 2016
Kapsch TrafficCom Investor Presentation. November 2016.
Slide 2: 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 financials Transportation Systems Revenues >EUR 500mn Tolling EBIT margin Tolling >10% (Electronic Toll Collection – ETC) Mobility (Intelligent Mobility Solutions – IMS) Global player Listed at Vienna Stock More than 4,600 emplo
Slide 4: Our Market: Intelligent Transportation Systems (ITS)
Our Market. Intelligent Transportation Systems (ITS). Global ITS Market by Product Segment by Geographic Regions Tolling: Electronic Toll Collection Mobility: Integrated Mobility Solutions USD billion USD billion 26.3 +8.9% Traffic Management Systems 15.8 26.3 (TMS) 8% 10% 7,8 +11.8% Commercial Vehi
Slide 5: Addressing Future-Defining Trends
Strategy. Addressing Future-Defining Trends. Urbanization Convergence Connected cars Ecological footprint Infrastructure funding New business models Trends Industry consolidation Convenience Lower barriers to market entry Price erosion Alternative technologies Increased profitability as Implementati
Slide 6: Our Priorities
Strategy. Our Priorities. New solutions New solutions, business models and competences Intelligent Mobility Solutions Grow the core business Existing solutions Secure the core business Existing customers New customers Operational excellence Secure and grow the core business Inaugurate an IMS busines
Slide 7: One-Stop Shop
Business Model. One-Stop Shop. Components Design & Build Operations Toll Stations, In-Vehicle Components Consulting Vehicle Detection and Classification Subsystems Integration Integration Complete Turnkey Transceiver & Readers Enforcement Stations Technical Operations Systems Cameras & Sensors Centr
Slide 8: Integrated ITS provider
Portfolio. Integrated ITS provider. Business to Government Business to Business Business to Consumers (B2G) Services (B2B) Services (B2C) Services Service Provider Mobility Apps & Services Data Provider Data Aggregation & Analytics Tolling Traffic Management Safety & Security Smart Urban Mobility Ot
Slide 9: Core Technologies for Electronic Toll Collection
Tolling. Core Technologies for Electronic Toll Collection (ETC). Dedicated Short-Range Global Navigation Automatic Number Communication (DSRC) Satellite System (GNSS) Plate Recognition (ANPR) Back Office Toll / Enforcement Toll / Enforcement Toll / Enforcement Station Station Station Toll Section No
Slide 10: Intelligent Mobility Solutions: From Highways to Cities
Mobility. Intelligent Mobility Solutions (IMS) From Highways to Cities. URBAN TRAFFIC CORRIDOR MANAGEMENT MANAGEMENT CONGESTION SAFETY & CHARGING SECURITY TRAFFIC LIGHT CONTROL PARKING PUBLIC TRANSPORT BRIDGE URBAN P TUNNEL ACCESS HIGHWAY/ HIGHWAY/ MANAGED LANES ALERT $ MANAGED LANES CONNECTED VEHIC
Slide 11: Earnings Overview
Financials. Earnings Overview. All figures in EUR mn H1 H1 FY +/- Revenues by Region H1 2016/17 unless otherwise stated 2016/17 2015/16 2015/16 7% 5% Revenues 311.7 27% 245.0 526.1 Austria EBITDA 37.4 5% 35.7 76.9 EMEA (excl. Austria) 28% EBITDA margin 12.0% -2.6%p 14.6% 14.6% Americas 60% EBIT 28.7
Slide 12: Other Key Financials
Other Key Financials. Balance sheet total Net investments Free cash flow Net credit/debt and equity ratio The increase in net Free cash flow decreased to Despite Promissory note bond investments to EUR 10.4mn EUR 17.0 million (-44%), • acquisition of KTT, (extension of balance sheet), an was due to
Slide 13: Tolling
Financials. Tolling. All figures in EUR mn H1 H1 FY +/- unless otherwise stated 2016/17 2015/16 2015/16 Revenues 231.2 12% 206.6 442.1 EBIT 34.2 17% 29.1 63.7 EBIT margin 14.8% 0.7%p 14.1% 14.4% Revenues H1 2016/17 EBIT H1 2016/17 EUR 11.4mn from KTT Growth from operations projects in Extensio
Slide 14: Mobility
Financials. Mobility. All figures in EUR mn H1 H1 FY +/- unless otherwise stated 2016/17 2015/16 2015/16 Revenues 80.5 110% 38.3 84.0 EBIT -5.4 -214% -1.7 -1.3 EBIT margin -6.8% -2.2%p -4.5% -1.6% Revenues H1 2016/17 EBIT H1 2016/17 EUR 41.6mn from KTT Positive development of traffic CHARM (UK
Slide 15: Kapsch TrafficCom Share
Kapsch TrafficCom Share. ISIN: AT000KAPSCH9 Stock Ticker Symbol: KTCG Reuters: KTCG.VI Bloomberg: KTCG AV Shareholder Structure Institutional Investors by Region Austria Kapsch-Group 16.9 % Beteiligungs GmbH 63.3 % Other U.K. and Ireland 3.2 % Institutional 11.0 % investors Other investors 23.3 % No
Slide 16: Outlook
Outlook Austria: Wait for a decision regarding the installation and technical operation of a nationwide toll collection system for vehicles weighing 3.5 or more tons. Kapsch TrafficCom’s total operations in Austria accounted for approximately 5% of its worldwide revenues in the first half of 2016/17
Slide 17: 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 18: 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 Phone: +43 50 811 1122 E-Mail: hans.lang@kapsch.net www.kapsch.net Please Note: The content of this presentation is the intellectual property of Kapsch AG and
Slide 19: Appendix
kapsch >> challenging limits Appendix.
Slide 20: Competition Overview
Competition. Overview. Tolling Traffic Management Smart Urban Mobility Safety & Security Connected Cars ETC Smart Parking T-Systems Worldsensing V2X Automotive Highway Road Safety Enforcement Autostrade Tech | Q-Free Smart Parking | IPS Group Delphi | Denso | Continental Delcan | Q-Free | SwRI Redfl
Slide 21: Consolidation of Kapsch TrafficCom Transportation
Consolidation of Kapsch TrafficCom Transportation. Impact on H1 results. Impact on the P&L Impact on the balance sheet* Other Revenues EUR +53.0mn Property, plant & equipment EUR 0.7mn Number of KTC Group employees thereof ETC EUR +11.4mn Intangible assets EUR 5.2mn up by approximately 900. thereof
Slide 22: Promissory Note Bond: Successful Issue
Promissory Note Bond. 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 23: H1 results: P&L
H1 results. P&L. Nov. 2016 | Investor Presentation www.kapschtraffic.com www.kapsch.net | 23
Slide 24: H1 results: Balance sheet
H1 results. Balance sheet. Nov. 2016 | Investor Presentation www.kapschtraffic.com www.kapsch.net | 24
Slide 25: H1 results: Shareholders' equity
H1 results. Shareholders‘ equity. Nov. 2016 | Investor Presentation www.kapschtraffic.com www.kapsch.net | 25
Slide 26: Cash flow from operating activities
H1 results. Cash flow statement: Cash flow from operating activities. Nov. 2016 | Investor Presentation www.kapschtraffic.com www.kapsch.net | 26
Slide 27: Cash flow statement, cont'd
H1 results. Cash flow statement, cont‘d. Nov. 2016 | Investor Presentation www.kapschtraffic.com www.kapsch.net | 27
Slide 28: 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.