23.10.2020
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Financial Figures/Balance Sheet/Earnings Forecast 23.10.2020
Vienna - Based on updated estimates Kapsch TrafficCom has performed impairment tests for various long-term assets. The main result is a EUR 21 million impairment of goodwill. In addition, for some projects in particular in North America, the project margin had to be adjusted and provisions for impending losses had to be made in the first half of the financial year. This had a negative impact on the operating result (EBIT) in the amount of EUR 32 million. In addition, negative currency effects reduced the EBIT by EUR 6 million.
As a result of these effects, revenues will amount to about EUR 258 million and EBIT to about EUR -58 million in the first half of the 2020/21 financial year. Consequently, the company currently expects a negative EBIT in the higher two- digit area as well as a year-on-year fall of revenues of about 25% for financial year 2020/21.
end of announcement euro adhoc
issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 50811 1122 FAX: +43 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/411/aom


Kapsch TrafficCom

Bildnachweis

1. Kapsch AG: Umfrage unter 1.000 Beschäftigten in Österreich • Was sich die Menschen nach Corona von der „Arbeitswelt der Zukunft“ wünschen; 80% der Arbeitnehmer zufrieden mit COVID-19-Krisenreaktion in ihren Unternehmen, Fotocredit:Kapsch Group , (© Aussender)   >> Öffnen auf photaq.com

Aktien auf dem Radar:Warimpex, UBM, Lenzing, Frequentis, AT&S, Addiko Bank, AMS, Bawag, Amag, Palfinger, DO&CO, Flughafen Wien, Gurktaler AG Stamm, Kapsch TrafficCom, UIAG, voestalpine, RHI Magnesita, Wolford, SW Umwelttechnik, Linz Textil Holding.

---

Mehr aktuelle OTS-Meldungen HIER