EQS-News: Kapsch TrafficCom – Publication for the 2025/26 financial year with outlook on 2026/27.

EQS-News: Kapsch TrafficCom AG / Key word(s): Annual Results
   Kapsch TrafficCom – Publication for the 2025/26 financial year with
   outlook on 2026/27.

   29.07.2026 / 07:15 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Kapsch TrafficCom – Publication for the 2025/26 financial year
   with outlook on 2026/27.

   Highlights.

     • Annual financial report published today.
     • Business performance 2025/26 fell short of initial expectations.
     • Shortfall of revenues could not be offset; EBIT came in at EUR 6
       million, below the preliminary figures, due to a necessary impairment.
     • Adjustments already made to account for the lower level will take
       effect in the 2026/27 financial year.
     • Key terms of restructuring with comprehensive measures agreed upon
       with financial partners.
     • Outlook for financial year 2026/27: Revenues and EBIT expected to
       exceed previous year’s figures.

    

   Unless otherwise stated, all values in EUR   
   million.                                      2024/25*   2025/26       +/-
   Revenues                                         530.3     430.6    -18.8%
   EBIT                                               7.3       5.6    -23.6%
     EBIT margin                                     1.4%      1.3%   -0.1 PP
   Result for the period attributable to            -12.1     -18.7    -54.5%
   equity holders
   Earnings per share (EUR)                         -0.85     -1.31    -54.5%

   ^* Retrospective adjustment

   Vienna, July 29, 2026 – As announced on June 17, 2026, Kapsch TrafficCom’s
   business performance in financial year 2025/26 fell short of initial
   expectations set at the beginning of the year. Consequently, the financial
   year was primarily marked by internal cost adjustments and an increased
   focus on new business. In addition, in light of the challenging economic
   situation, the key terms of a restructuring were subsequently agreed upon
   with the major financial partners.

   Earnings performance.

   Against the backdrop of an unexpectedly weak tolling market, the removal
   of two major operation projects could not be offset in terms of revenue.
   In addition, as previously reported, there were customer-related delays in
   project starts and execution, and Kapsch TrafficCom was not able to win
   all of the projects it had anticipated. As a result, revenues declined by
   19% from EUR 530 million in the previous year to EUR 431 million in
   financial year 2025/26.

   For the previous financial year 2024/25, a retrospective adjustment was
   made in accordance with IAS 8, resulting in adjustments to some items on
   the balance sheet and the income statement.

   Other operating income increased by 82% year-on-year (EUR 24 million) to
   EUR 54 million (adjusted previous year value). This was mainly due to a
   positive one-off effect from Germany in the amount of EUR 23 million.

   On the cost side, Kapsch TrafficCom was efficient but had been structured
   for the higher revenue level originally expected. Despite the positive
   one-time effect from Germany and the adjustments to the lower level that
   were immediately implemented, EBIT declined to EUR 6 million, compared to
   EUR 7 million (adjusted) in the previous year. This result is lower than
   the unaudited figure published in June due to a necessary impairment
   charge of EUR 2 million. The result for the period attributable to the
   equity holders decreased from EUR -12 million (adjusted) to EUR -19
   million, and earnings per share amounted to EUR -1.31, compared to EUR
   -0.85 (adjusted).

   Segments.

   The significant effects described from the removal of the two projects and
   the compensation from Germany are reflected in the tolling segment in the
   EMEA region (Europe, Middle East, Africa). Furthermore, the tolling
   segment in particular was characterized by a weak market worldwide. This
   segment’s contribution to total revenues therefore declined to 69% during
   the reporting period, while the traffic management segment contributed
   31%.

   From a regional perspective, Kapsch TrafficCom reported declines in
   revenues across all reporting regions – partly due to currency
   fluctuations, particularly involving the U.S. dollar – although these
   declines were most pronounced in the EMEA region.

   Financial and asset position.

   Free cash flow declined from EUR 21 million to EUR 2 million in financial
   year 2025/26, primarily due to the decline in revenue.

   Due to the decrease in equity of EUR 18 million, the gearing ratio rose to
   167% (March 31, 2025, adjusted: 118%). Net debt as of March 31, 2026,
   stood at EUR 113 million, up from the previous year’s figure of EUR 101
   million. Financial liabilities were reduced by EUR 8 million and lease
   liabilities by EUR 4 million; however, cash and cash equivalents also
   declined by EUR 25 million to EUR 23 million (previous year: EUR 48
   million).

   Due to the downturn in earnings and liquidity, the covenants agreed upon
   as part of the 2025 refinancing could not be met as of the balance sheet
   date of March 31, 2026. As a result, financial liabilities, including
   promissory note loans, were reported as current financial liabilities in
   the amount of EUR 110 million (previous year: EUR 22 million current and
   EUR 96 million non-current).

   Recent developments.

   At the beginning of July 2026, Kapsch TrafficCom concluded a standstill
   agreement with its lending banks and promissory note creditors, whereby
   the receivables due and becoming due under the financing agreements
   (principal repayments) were deferred. Subsequently, on July 26, 2026, a
   binding term sheet was agreed upon as the basis for a comprehensive
   restructuring agreement with a term ending on March 31, 2028. A final
   restructuring agreement is expected to be concluded by mid-September 2026.

   In early July 2026, Kapsch TrafficCom signed a contract for the sale of
   the majority stake in its subsidiary tolltickets GmbH in Germany. A
   one-time positive impact on EBIT is expected upon closing.

   Outlook for financial year 2026/27.

   Kapsch TrafficCom expects the market environment to remain challenging in
   the financial year 2026/27. Management is therefore refraining from
   providing a quantitative outlook for the time being, but expects revenue
   and EBIT to exceed the previous year’s figures.

   The project delays caused by customers are expected to be made up for in
   the current financial year. In addition, Kapsch TrafficCom was able to
   secure encouraging new orders during the reporting period. Order intake
   reached approximately EUR 496 million in the reporting period, and the
   order backlog remained very high at EUR 1.3 billion at year-end. Cost
   adjustments to reflect the current lower revenue level have made
   significant progress during the reporting period and will take effect as
   early as financial year 2026/27. To ensure the necessary resources for
   future growth, a key aspect is maintaining sufficient capacity and
   expertise to support additional business.

   On July 27, 2026, the Supervisory Board appointed Mr. Markus Richter as
   Chief Financial Officer of Kapsch TrafficCom AG; as a proven expert, he is
   expected to play a key role in overseeing the implementation of the
   restructuring process. As part of the restructuring, management will
   implement comprehensive cost-saving and efficiency-enhancing measures. In
   addition, the Company plans to divest assets from its business portfolio
   and is also exploring ways to strengthen its capital base.

    

   The report on the financial year 2025/26 as well as further materials on
   the results are scheduled to be available today, from 7:35 a.m. (CEST), at
   [1]www.kapsch.net/ir.

    

   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 areas of tolling and traffic
   management contribute to a healthier world without congestion.

   With one-stop-shop solutions, the Company covers the entire customer value
   chain, from components and design to the implementation and 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 2025/26 financial
   year, about 2,700 employees generated revenues of EUR 431 million.

     

   Press contact:                   Investor contact:
                                     
   Sandra Bijelic                   Doris Gstatter
   Head of Corporate Communications Investor Relations Officer
   Kapsch TrafficCom AG             Kapsch TrafficCom AG
   Am Europlatz 2                   Am Europlatz 2
   1120 Vienna, Austria             1120 Vienna, Austria
   T +43 50 811 1720                T +43 50 811 1122
   [2][email protected]     [3][email protected]
                                     

   For further information: [4]www.kapsch.net  Follow us on LinkedIn

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   29.07.2026 CET/CEST This Corporate News was distributed by [5]EQS Group

   View original content: [6]EQS News

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

   Language:    English
   Company:     Kapsch TrafficCom AG
                Am Europlatz 2
                1120 Vienna
                Austria
   Phone:       +43 50811 1122
   Fax:         +43 50811 99 1122
   E-mail:      [email protected]
   Internet:    www.kapschtraffic.com
   ISIN:        AT000KAPSCH9
   WKN:         A0MUZU
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900PD3SI453KAW989
   EQS News ID: 2373080


    
   End of News EQS News Service


   2373080  29.07.2026 CET/CEST

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