Slide 1: Investor Presentation
Kapsch TrafficCom Investor Presentation. May 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 650mn ❖ 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 Tolling services Traffic management Traffic safety & security Multi-lane free-flow European Electronic Toll Service Highway traffic m
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: Mid-term goals
Mid-term goals. Revenues Growing in both segments Higher growth rates for IMS Grow stronger than the market EBIT margin ETC: comfortably >10% IMS: up to 8% possible Group: > 10% May 2018 | Investor Presentation www.kapschtraffic.com |
Slide 9: Q1-Q3 2017/18 Highlights
Q1-Q3 2017/18. Highlights. EUR 500 million revenue mark passed after just three quarters for the first time. Zambia: Nation-wide concession agreement for road safety & traffic management. Bulgaria: Awarded contract for nation-wide toll system. Poland: Tender discontinued. Czech Republic: Tender proc
Slide 10: Other key financials
Q1-Q3 2017/18. Other key financials. Balance sheet total Net investments Free cash flow Net credit/debt and equity ratio 16 43 30 700 14 42 42,6 600 648.8 14.5 26.1 628.2 12 41 20 17.6 568.1 12.3 500 in EUR mn in EUR mn in EUR mn in EUR mn 19.6 10 40,6 40 400 40% 8 10 34% 35% 39 300 6 38 38,7 200 4
Slide 11: Segment results: ETC and IMS
Q1-Q3 2017/18. Segment results: ETC accounts for 76% of total revenues, IMS 24%. Key financials Revenues by region Revenues by type All figures in EUR mn Q1-Q3 Q1-Q3 All figures in EUR mn Q1-Q3 Q1-Q3 unless otherwise stated 2016/17 2017/18 +/- unless otherwise stated 2016/17 2017/18 +/- 25% Revenues
Slide 12: Outlook
Outlook. FY 2017/18. Further revenue growth. Goal to achieve 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 (Q1-Q3 2017/18: EUR 9.0 million). Equity ratio: ▪ In Q3, equity ratio increased following the r
Slide 13: 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 14: 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 June 18, 2018 Results FY
Slide 15: 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 16: 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 17: Competition
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 18: References in more than 50 countries
References in more than 50 countries. EMEA All figures in EUR mn % unless otherwise stated 2016/17 of total Global Revenues 407.7 63% All figures in EUR mn % thereof ETC 307.1 47% unless otherwise stated 2016/17 of total thereof IMS 100.6 16% Revenues 648.5 thereof ETC 468.4 72% thereof IMS 180.0 28
Slide 19: 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 20: 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 4,100 Currency: Zambian Kwacha (ZMW) ▪ Vehicle inspection, Population:
Slide 21: Large project in Bulgaria
Large project in Bulgaria. Overview. About the project Contract to design and build nation-wide tolling System. 21 Satellite technology for trucks over 3.5 tons. eVignette for passenger cars. Republic of Bulgaria Tolls collected on all class I, II, and III roads, (all paved roads). Capital: Sofia Of
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.