Austria's Kapsch TrafficCom FY revenue falls on discontinuation of projects

Kapsch TrafficCom AG

17/06/2026 06:25

Overview
Austria transportation solutions firm's FY revenue fell, but still beat analysts' expectations
FY EBIT reached EUR 7.6 mln, supported by a one-time settlement from Germany
Company expects FY 2026/27 revenue and EBIT to exceed 2025/26 levels

Outlook
Kapsch TrafficCom expects 2026/27 revenue and EBIT to exceed 2025/26 levels
Company anticipates challenging market conditions in 2026/27
Customer-related project delays from prior year expected to be made up in 2026/27

Result Drivers
PROJECT CANCELLATIONS - Revenue declined mainly due to the termination of two major operation projects in South Africa and Belarus
WEAK TOLLING MARKET - Global tolling market weakness and customer-related project delays further reduced revenue
ONE-TIME GERMANY SETTLEMENT - EBIT benefited from a EUR 23 mln one-time settlement with the German government

Company press release: ID:nEQ6Wgrmda

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
EUR 430.60 mln
EUR 419.17 mln (3 Analysts)
FY EBIT
 
EUR 7.60 mln
 
FY EBIT Margin
 
1.80%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Kapsch TrafficCom AG is €6.50, about 17.3% above its June 16 closing price of €5.54
The stock recently traded at 139 times the next 12-month earnings vs. a P/E of 38 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)