EQS-News: Kapsch TrafficCom closes sale of public transport business in Spain.

EQS-News: Kapsch TrafficCom AG / Key word(s): Mergers & Acquisitions/Disposal
Kapsch TrafficCom closes sale of public transport business in Spain.

17.01.2023 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════════════════

Kapsch TrafficCom closes sale of public transport business in Spain.

As already published on August 29, 2022, Kapsch TrafficCom agreed to sell the Spanish
public transport business unit, bundled in the group company "Arce Mobility
Solutions", to the technology company Kontron. The transaction was subject to
regulatory approvals and has now been closed.

The purchase price is in line with management expectations and amounts to EUR 7.6
million. Kapsch TrafficCom will generate an other operating income of EUR 5.8 million
from this transaction, which will be included in the results on the third quarter of
2022/23.

Details on the results for the first three quarters of 2022/23 will be published on
February 22, 2023.
 

More information: [1]Announcements | Kapsch TrafficCom

 

Kapsch TrafficCom is a globally renowned provider of transportation solutions for
sustainable mobility with successful projects in more than 50 countries. Innovative
solutions in the application fields of tolling, tolling services, traffic management
and demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers,
from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than
25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange
(ticker symbol: KTCG). In its 2021/22 financial year, 4,220 employees generated
revenues of about EUR 520 million.

 

Press contacts:                                         Investor contact:
                              Sandra Bijelic             
Carolin Treichl               Head     of     Corporate Marcus Handl, Valerie Riegler
Executive Vice President      Communications            Investor Relations team
Marketing & Communications    Kapsch TrafficCom AG      Kapsch TrafficCom AG
Kapsch Aktiengesellschaft     Am Europlatz 2            Am Europlatz 2
Am Europlatz 2                1120 Vienna, Austria      1120 Vienna, Austria
1120 Vienna, Austria          T +43 50 811 1720         T +43 50 811 1122
T +43 50 811 1710             sandra.bijelic@kapsch.net [3]ir.kapschtraffic@kapsch.net
[2]carolin.treichl@kapsch.net                            

 

Further information: [4]www.kapsch.net/ktc
Follow us on Twitter and LinkedIn

══════════════════════════════════════════════════════════════════════════════════════

17.01.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com

══════════════════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     Kapsch TrafficCom AG
                Am Europlatz 2
                1120 Vienna
                Austria
   Phone:       +43 50811 1122
   Fax:         +43 50811 99 1122
   E-mail:      ir.kapschtraffic@kapsch.net
   Internet:    www.kapschtraffic.com
   ISIN:        AT000KAPSCH9
   WKN:         A0MUZU
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1536349


    
   End of News EQS News Service


   1536349  17.01.2023 CET/CEST

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=e6094b77204f4666981f72b667e85254&application_id=1536349&site_id=apa_ots_austria&application_name=news
   2. mailto:carolin.treichl@kapsch.net
   3. mailto:ir.kapschtraffic@kapsch.net
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25fd54bf6c0802ed7fac49ea41fcacb1&application_id=1536349&site_id=apa_ots_austria&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

print