Kapsch TrafficCom AG: Operating result in financial year 2022/23 below expectations.

Ad hoc release.

Vienna, April 19, 2023  –  The Executive Board of Kapsch TrafficCom AG (ISIN: AT000KAPSCH9) announces that the outlook to the financial year 2022/23, which ended on March 31, 2023, will probably not be met.

This is the conclusion reached by the Executive Board following today's analysis of the preliminary business figures as part of the ongoing annual financial statement process. Based on preliminary figures, the company expects revenues of around EUR 550 million (financial year 2021/22: EUR 519.8 million), while earnings before interest and taxes (EBIT) will be in the single-digit range (financial year 2021/22: EUR 11.0 million). In the outlook to the financial year 2022/23, management expected significantly improved profitability at a stable revenue level.

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