Slide 1: Investor Presentation July 2018
Kapsch TrafficCom Investor Presentation. July 2018.
Slide 2: Kapsch: 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 Four key entities ▪ Kapsch TrafficCom – KTC (Intelligent Transportation Systems) ▪ Kapsch BusinessCom (ICT solutions for enterprises and public Kapsch: Tradition meets Future
Slide 3: Kapsch TrafficCom at a glance
Kapsch TrafficCom. At a glance. Provider of Intelligent Solid financial parameter Transportation Systems ❖ Revenues ~EUR 700mn ❖ Tolling ❖ Sustainable dividend policy: (Electronic Toll Collection – ETC) Base dividend of EUR 1,-- ❖ Mobility (Intelligent Mobility Solutions – IMS) Global player Listed
Slide 4: Portfolio of solutions
Portfolio of solutions. Integrated mobility solutions provider – financial segmentation. Tolling (ETC) Intelligent Mobility Solutions (IMS) Electronic toll collection Plaza tolling Traffic management Traffic safety & security Multi-lane free-flow Stand-alone manually operated Highway traffic managem
Slide 5: Business overview – electronic toll collection
Business overview – electronic toll collection. 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 registra
Slide 6: Business overview – IMS segment
Business overview – IMS segment. Characteristics. Broad set of solutions and services addressing different aspects of traffic/mobility. Some offerings are already fairly mature (e.g. traffic management), others are investments into future growth (e.g. connected vehicles, smart parking). Compared to
Slide 7: From tolling to intelligent mobility solutions
From tolling to intelligent mobility solutions. Kapsch TrafficCom – continuously reducing the risk profile. 2007/08 (IPO) 2012/13 2017/18 In the 2020s Mainly tolling business Mainly tolling business Mainly tolling business ETC and traffic New Only a few customers Strong ETC growth Customer base cust
Slide 8: Highlights FY 2017/18
FY 2017/18. Highlights. Revenues increased for the third year in a row – record sales. Zambia: Nation-wide concession agreement for road safety & traffic management. Bulgaria: Awarded contract for design & build of a nation-wide truck toll system and implementation of eVignette. Maryland, USA: Upgra
Slide 9: Other key financials
2017/18. Other key financials. Balance sheet total Net investments Free cash flow Net credit/debt and equity ratio In connection with the Free cash flow again positive at Despite several investments The equity ratio increased to acquisition and integration of EUR 33.1 million, but below the and the
Slide 10: Segment results: ETC and IMS
2017/18. Segment results: ETC accounts for 75% of total revenues, IMS 25%. Key financials Revenues by region Revenues by type All figures in EUR mn All figures in EUR mn unless otherwise stated 2016/17 2017/18 +/- unless otherwise stated 2016/17 2017/18 +/- 27% Revenues 468.4 521.6 11% Design & buil
Slide 11: Goals
Goals. 2018/19 Revenues and EBIT at previous year's levels Medium-term revenues Growing in both segments Grow stronger than the market Higher growth rates for IMS in the long run Medium-term EBIT margin ETC: comfortably >10% IMS: in good environment, 8% possible Group: > 10% July 2018 | Investor Pre
Slide 12: USP
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 Only real global player in ETC ▪ Best practice ▪ Risk diversification A leading position in our core business Size and financial stab
Slide 13: 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 2018 Basic information Select events Listed in Prime Market segment at the August 23, 2018 Results Q
Slide 14: 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 15: 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 hans.lang@kapsch.net www.kapschtraffic.com/ir Please Note: The content of this presentation is the intellectual property of Kapsch AG and
Slide 16: 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 17: New major project in Zambia
Highlights. New major project in Zambia. About the project Republic of Zambia Capital: Lusaka Nation-wide concession contract to improve road safety and traffic Official language: English management. GDP (PPP)/cap*: USD 3,933 Currency: Zambian Kwacha (ZMW) Main components: Population*: 16.6 million;
Slide 18: New major project in Bulgaria
Highlights. New major project in Bulgaria. About the project Republic of Bulgaria Capital: Sofia Contract to design and build nation-wide tolling System. Official language: Bulgarian GDP (PPP)/cap*: USD 19,242 Satellite technology for trucks over 3.5 tons. Currency: Lev (BGN) Population*: 7.1 millio
Slide 19: New major project in Maryland (USA)
Highlights. New major project in Maryland (USA). About the project Maryland Capital: Annapolis Contract to replace and maintain all roadside tolling equipment in the Currency: US dollar (USD) mixed-mode, cash, and express toll lanes under management of the Population: 6.1 million Maryland Transporta
Slide 20: References in more than 50 countries
References in more than 50 countries. EMEA All figures in EUR mn % unless otherwise stated 2017/18 of total Global Revenues 441.9 64% All figures in EUR mn % thereof ETC 346.8 50% unless otherwise stated 2017/18 of total thereof IMS 95.1 14% Revenues 693.3 thereof ETC 521.6 75% thereof IMS 171.6 25%
Slide 21: Promissory note bond & long-term bank loan
Promissory note bond & long-term bank loan. 2016 2021 Corner stones of the promissory note bond Promissory note bond PNB: EUR -26mn (PNB) Issued 2016 1.22% p.a EUR 62.0mn PNB: EUR -4.5mn Volume: EUR 62mn + USD 14.5mn USD 14.5mn 6M EURIBOR + 120bps 3 tenors (5/7/10 years) PNB: USD -14.5mn Partially f
Slide 22: 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 23: We make traffic solutions intelligent
We. make traffic solutions intelligent. Why is this so important to us? ❖ Because we want you to reach your destination quickly, comfortably, and safely. ❖ Because we want to enable our customers to provide the very best service at a low cost. ❖ Because we want to protect the environment.