EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.
Thu, 28.11.2024
EQS-Media / 28.11.2024 / 02:00 CET/CEST
Norwegian Proof of Concept conducted successfully
Millions of kilometers of trips processed
System scalability makes it viable for nationwide deployment
New Delhi, India, November 28, 2024 – Kapsch TrafficCom reports findings of Road User Charging (RUC) Proof of Concept (PoC) in Oslo, Norway.
The ini...
Kapsch TrafficCom – Result for the first half of 2024/25.
Highlights.
Revenue increase by 3% from EUR 266 million to EUR 275 million.
Result weighed down by deconsolidation effects, but operationally improved.
Previous year’s figures of limited comparability due to one-off cash inflow from Germany.
Equity ratio increased to 21%, gearing ratio ...
Kapsch TrafficCom appoints Phil Thompson as North America Vice President of Sales and Business Development
Duluth, GA, November 12, 2024 – Phil Thompson Joins Kapsch TrafficCom North America as Vice President of Sales and Business Development.
Kapsch TrafficCom North America is pleased to announce the appointment of Phil Thompson as Vice Preside...
EQS-Media / 30.09.2024 / 03:15 CET/CEST
Award-winning GNSS tolling system covers 16,000 km of roads
System was awarded for design, implementation and positive impact
Vienna, Austria, September 30, 2024 – Kapsch TrafficCom is proud to announce that the Bulgarian "Nationwide Tolling & E-Vignette System" was awarded the prestigious Road Fina...
EQS-Media / 05.09.2024 / 08:15 CET/CEST
EVs are ripping GBP 35 billion hole in UK budget
If done right, pay-per-mile system could be more equitable than simply subsidizing EVs
London, September 5, 2024 – The UK has set itself ambitious goals of reaching net zero by 2050, and is investing heavily in EVs (Electric Vehicles) – as reducing road t...
Kapsch TrafficCom – Result for the first quarter of 2024/25.
Highlights.
Revenues increased by 5% to EUR 139 million.
Significant operating improvement, but EBIT remains negative at EUR -3 million due to deconsolidation effects and at previous year’s level.
Net working capital and free cash flow show financial recovery.
Outlook to financial ye...
Kapsch TrafficCom secures 50-year Tolling Contract for Louisiana Bridge Project
Significant Public Private Partnership infrastructure initiative led by the Louisiana Department of Transportation and Development
Valued at USD 230 million over a period of fifty years
Duluth, August 19, 2024 – Kapsch TrafficCom announces the Financial Close, and...
First sustainable toll gantry installed on Austrian highway
Wooden gantry rings in next phase of sustainable traffic infrastructure
Meets all relevant European norms and standards
Duluth, August 14, 2024 – Kapsch TrafficCom is proud to announce that together with Austrian roadway operator Asfinag, the first operational Green Gantry was installed ...
Kapsch TrafficCom – Result for the financial year 2023/24.
Highlights.
Project successes strengthen future revenues and earnings.
Result from operating activities (EBIT) increased significantly to EUR 70 million.
Key financial indicators show solid basis again.
Settlement agreement in Germany significantly improved the financial position.
Out...
Sale of non-core strategic assets.
Vienna, May 2, 2024 – Kapsch TrafficCom AG has sold assets that are not part of its strategic core business, generating total proceeds of close to EUR 11 million with full realization of variable purchase price components.
Kapsch TrafficCom held 42.4% of the shares in Traffic Technology Services, Inc. (TTS), USA...
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